NOT LISTED FOR SALE

321 Avalon Ct Chapel Hill, NC 27514

Estimated Value: $1,147,000 - $1,299,000

3 Beds
3.5 Baths
3,486 Sq Ft
$347/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $1,050,000 $301 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,533/month

3 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Wooded Lot
  • Estes Hills Elementary School Rated A
  • Recreation Room
  • 2-Story Property

About This Home

As of April 2022

Stunning home in Lake Forest! Recently updated & Simply Gorgeous. Amazing Kitchen w/ built in SS Sub-zero Refrigerator, Fireplace & Scullery w/ built in SS Sub-zero Freezer. Juliet balcony off the Breakfast Rm, Formal Living Room, Formal Dining Room, 1st Floor Master w/ Sitting area (could be office or nursery), Huge open Family Room, 2-car garage. Screened porch on both levels! Lower level has 2 Bedrooms, Movie Room & Office with Environmentally Friendly Upgraded Cork Floors. Large Workshop/Storage Rm

Last Agent to Sell the Property

Kelly Bossman

Bossman Real Estate LLC License #231537 Listed on: 03/24/2022

Co-Listed By

karli bossman

Bossman Real Estate LLC License #335458

Last Buyer's Agent

Shenandoah Nieuwsma

Compass -- Chapel Hill - Durham License #293305

Compass -- Chapel Hill - Durham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,652

Year Built

  • Built in 1961

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 164x267x42x218x236
  • Cul-De-Sac
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Shake Siding

Interior Spaces

  • Bookcases
  • Smooth Ceilings
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Workshop
  • Screened Porch
  • Storage
  • Utility Room

Flooring

  • Wood
  • Cork
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Fireplace in Basement
  • Workshop

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Propane
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Lake Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,652

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1961
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Mls Id: 2679
  • Co List Office Phone: 919-336-8900
  • Subdivision Name: Lake Forest
  • Above Grade Finished Sq Ft: 2309.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 164x267x42x218x236
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: B
  • Room Types Bedroom 3 Level: B
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Room Types Workshop2: Yes
  • Room Types Recreation Room3: Yes
  • Basement Workshop3: Yes
  • General Property Information Above Grade Finished Area: 2309.0
  • General Property Information Below Grade Finished Area: 1177.0
  • General Property Information Carport YN: No
  • Flooring Cork: Yes
  • General Property Information Lot Size Square Feet2: 51400.8
  • General Property Information Lot Size Acres: 1.18
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Cork, Hardwood, Tile
  • Interior Amenities: Bookcases, Entrance Foyer, Pantry, Primary Downstairs, Separate Shower, Smooth Ceilings, Storage
  • Basement: Finished, Workshop
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1177.0
  • Fireplace Features: Basement, Family Room, Gas, Gas Log
  • Fireplaces: 3
  • Total Bedrooms: 13
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Basement Finished: Yes
  • Fireplace Features:Basement: Yes
  • Fireplace Features:Fireplaces Total: 3

Exterior Features

  • Acres: 1.18
  • Construction Type: Brick, Shake Siding
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Skylight(s): Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Floor Furnace, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Floor Furnace: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 164x267x42x218x236
  • Lot Size Sq Ft: 51400.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7652.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 18, 2022
Sold by
Franklin Lee Douglas and Franklin Nancy S
Bought by
Burton-Crutchfield John Terrell and Burton-Crutchfield Wanda Jane
Seller's Agent
Kelly Bossman
Bossman Real Estate LLC
Buyer's Agent
Shenandoah Nieuwsma
Compass -- Chapel Hill - Durham
List Price
$849,900
Sold Price
$1,050,000
Premium/Discount to List
$200,100
23.54%
Current Estimated Value
$1,209,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,476
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Feb 22, 2005
Sold by
Johnson Michael Keith and Johnson Kimberly Christian
Bought by
Lee Douglas Franklin and Lee Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.68%
Mortgage Type
New Conventional
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
Burton-Crutchfield John Terrell $1,050,000 Milestones Law
Lee Douglas Franklin $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Douglas Franklin $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $1,050,000 -- --
04/25/2022 04/25/22 Sold $1,050,000 +23.5% $301 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $849,900 -- $244 / 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
2025 $13,451 $1,016,300 $435,000 $581,300
2024 $11,971 $703,200 $170,000 $533,200
2023 $11,971 $703,200 $170,000 $533,200
2022 $8,850 $553,200 $170,000 $383,200
2021 $8,737 $553,200 $170,000 $383,200
2020 $8,499 $504,900 $150,000 $354,900
2018 $8,256 $501,900 $150,000 $351,900
2017 $8,240 $501,900 $150,000 $351,900
2016 $8,240 $495,268 $144,339 $350,929
2015 $8,240 $495,268 $144,339 $350,929
2014 $8,191 $495,268 $144,339 $350,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2438394

Doorify MLS

APN: 9799072786