NOT LISTED FOR SALE

316 Ridgecrest Dr Chapel Hill, NC 27514

Estimated Value: $709,000 - $779,362

3 Beds
2 Baths
1,985 Sq Ft
$380/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $650,000 $327 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,871/month

24 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Skylights
  • Estes Hills Elementary School Rated A
  • Sun or Florida Room
  • Brick Veneer

About This Home

As of January 2022

Like new, this charming one level home located in the desirable neighborhood of Lake Forest will welcome you with streaming natural light. Open floorplan for todays lifestyle. Stylish finishes include upscale lighting, dolomite kitchen counters, quartz counters in baths, framless shower with backlit mirrors in owner's suite. Completely renovated including roof, HVAC, windows, plumbing, electrical, insulation, etc. New grilling deck. Whole house generator, access to Eastwood Lake.

Last Agent to Sell the Property

Sharon Clarke

Accord Realty Group License #268378 Listed on: 11/12/2021

Last Buyer's Agent

Sharon Clarke

Coldwell Banker - HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,603

Year Built

  • Built in 1959

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 128x226x122x223
  • Landscaped with Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Transitional Architecture
  • Traditional Architecture
  • Bungalow
  • Brick Veneer
  • Wood Siding

Interior Spaces

  • 1,985 Sq Ft Home
  • Smooth Ceilings
  • Skylights
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Utility Room
  • Luxury Vinyl Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Deck

Schools

  • Estes Hills Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,603

Year Built

Built in 1959

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Year Built: 1959
  • Prop. Type: Residential
  • Subdivision Name: Lake Forest
  • Above Grade Finished Sq Ft: 1985.0
  • Architectural Style: Bungalow, Ranch, Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 128x226x122x223
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • Architectural Style Bungalow: Yes
  • General Property Information Above Grade Finished Area: 1985.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 29620.8
  • General Property Information Lot Size Acres: 0.68
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: High Speed Internet, Living/Dining Room Combination, Pantry, Primary Downstairs, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Range Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Acres: 0.68
  • Construction Type: Brick Veneer, Wood Siding
  • Patio And Porch Features: Deck
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee: 300.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Lot Info

  • Lot Dimensions: 128x226x122x223
  • Lot Size Sq Ft: 29620.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4603.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 26, 2022
Sold by
Accord Properties Llc
Bought by
Rathbun William M
Seller's Agent
Sharon Clarke
Accord Realty Group
Buyer's Agent
Sharon Clarke
Accord Realty Group
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$778,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,434
Avg. Annual Appreciation
4.74%
Original Mortgage
$520,000
Outstanding Balance
$485,677
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$280,577

Purchase Details

Closed on
Dec 4, 2020
Sold by
Harris Kathryn M
Bought by
Accord Properties Llc

Purchase Details

Closed on
May 1, 1971
Bought by
Harris and Harris
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rathbun William M $650,000 Bagwell Olt Smith Pa
Accord Properties Llc $350,000 None Available
Harris $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathbun William M $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $650,000 -- --
01/26/2022 01/26/22 Sold $650,000 -6.5% $327 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $695,000 -- $350 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,007 $409,200 $170,000 $239,200
2023 $6,760 $405,700 $170,000 $235,700
2022 $6,479 $405,700 $170,000 $235,700
2021 $5,346 $336,400 $170,000 $166,400
2020 $5,148 $303,700 $150,000 $153,700
2018 $5,028 $303,700 $150,000 $153,700
2017 $5,228 $303,700 $150,000 $153,700
2016 $5,228 $313,145 $133,627 $179,518
2015 $5,228 $313,145 $133,627 $179,518
2014 $5,184 $313,145 $133,627 $179,518
Source: Public Records

Agents Affiliated with this Home

  • Sharon Clarke

    Seller's Agent in 2022

    Sharon Clarke

    Accord Realty Group

    (919) 265-8522

    86 Total Sales

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Map

Source: Doorify MLS

MLS Number: 2418579

Doorify MLS

APN: 9799078991

North Carolina Orange County Chapel Hill 27514

316 Ridgecrest Dr, Chapel Hill, NC

This home is located at 316 Ridgecrest Dr, Chapel Hill, NC 27514 since 12 November 2021 and is currently estimated at $753,841, approximately $379 per square foot. This property was built in 1959. 316 Ridgecrest Dr is a home located in Orange County with nearby schools including Estes Hills Elementary School, Phillips Middle School, and East Chapel Hill High School.

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