NOT LISTED FOR SALE

318 Summerfield Crossing Rd Chapel Hill, NC 27514

Estimated Value: $338,265 - $377,000

2 Beds
2 Baths
1,201 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $315,000 $262 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,430/month

88 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Porch
  • Glenwood Elementary School Rated A
  • 1 Fireplace
  • Patio

About This Home

As of February 2022

2 bedroom/2 bathroom end unit townhome in Summerfield Crossing in Chapel Hill!

Last Agent to Sell the Property

Taylor Woodall

Mark Spain Real Estate License #323371 Listed on: 10/29/2021

Last Buyer's Agent

Karen Wang

Coldwell Banker - HPW License #294727

Coldwell Banker - HPW

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1983

Lot Details

  • 1,742 Sq Ft Lot

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Dining Room
  • Storage

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Glenwood Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include unknown
  • Summerfield Crossing HOA
  • Summerfield Crossing Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,341

Year Built

Built in 1983

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Year Built: 1983
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Summerfield Crossing
  • Above Grade Finished Sq Ft: 1201.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • General Property Information Above Grade Finished Area: 1201.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Storage
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.04
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 260.0
  • Association Fee Frequency: Monthly
  • Association Name: summerfield crossing HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: summerfield crossing HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 260.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2341.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Glenwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Feb 28, 2022
Sold by
Opendoor Property J Llc
Bought by
Luo Xueyan and Yang Weihua
Seller's Agent
Taylor Woodall
Mark Spain Real Estate
Buyer's Agent
Karen Wang
Coldwell Banker - HPW
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Current Estimated Value
$356,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,566
Avg. Annual Appreciation
3.50%
Original Mortgage
$232,500
Outstanding Balance
$216,305
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$140,261

Purchase Details

Closed on
Sep 29, 2021
Sold by
Frank Church Living Trust
Bought by
Opendoor Property J Llc

Purchase Details

Closed on
Feb 28, 2018
Sold by
Church Frank C
Bought by
Church Frank Clement and The Frank Church Living Trust

Purchase Details

Closed on
Jun 18, 2004
Sold by
Holmes Allison Volpe and Holmes Michael
Bought by
Church Frank C and Cutsforth Gwyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
3.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2001
Sold by
Volpe Allison and Holmes Michael
Bought by
Holmes Michael and Holmes Allison Volpe
Source: Public Records

Range of Values:

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Average Value
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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
Luo Xueyan $315,000 Midtown Property Law
Opendoor Property J Llc $284,500 None Available
Opendoor Property J Llc $284,500 None Listed On Document
Church Frank Clement -- None Available
Church Frank C $141,500 --
Holmes Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Xueyan $232,500
Previous Owner Church Frank C $113,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $315,000 -- --
02/28/2022 02/28/22 Sold $315,000 -4.5% $262 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $330,000 -- $275 / 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 $3,258 $182,900 $55,000 $127,900
2023 $3,175 $182,900 $55,000 $127,900
2022 $3,049 $182,900 $55,000 $127,900
2021 $3,011 $182,900 $55,000 $127,900
2020 $2,732 $154,500 $40,000 $114,500
2018 $2,663 $154,500 $40,000 $114,500
2017 $2,812 $154,500 $40,000 $114,500
2016 $2,812 $163,430 $72,171 $91,259
2015 $2,812 $163,430 $72,171 $91,259
2014 -- $163,430 $72,171 $91,259
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Taylor Woodall

    Mark Spain

    Section Image
  • Karen Wang

    Buyer's Agent in 2022

    Karen Wang

    Coldwell Banker - HPW

    (919) 917-1888

    126 Total Sales

    Karen Wang
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2416028

Doorify MLS

APN: 9799285597

North Carolina Orange County Chapel Hill 27514

318 Summerfield Crossing Rd, Chapel Hill, NC

This home is located at 318 Summerfield Crossing Rd, Chapel Hill, NC 27514 since 29 October 2021 and is currently estimated at $356,566, approximately $296 per square foot. This property was built in 1983. 318 Summerfield Crossing Rd is a home located in Orange County with nearby schools including Glenwood Elementary School, Phillips Middle School, and East Chapel Hill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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