NOT LISTED FOR SALE

33 Rain Lily Trail Unit L8S7 Chapel Hill, NC 27516

Walnut Cove Neighborhood

Estimated Value: $390,129 - $871,000

0.67 Acre
$828,779 Price per Acre
29,185 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $267,500

Est. 108% increase in value since last sale

Current estimated payment $3,242/month

2,465 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Many Trees
  • T.C. Roberson High School Rated A
  • Front Green Space

About This Lot

As of October 2020

This homesite is located on one of the most desired ridgelines in Walnut Cove. Location second to none with corridor views to golf course, and mtns. of Pisgah NF beyond. Easy walk to club for lunch, golf, or one of the many socials held there through out the year. Gentle topo. with ability to have main/up or down. Great opportunity for big front porch, and views of sunset over the Pisgah Mtns.

Last Agent to Sell the Property

Lee Swing

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #168189 Listed on: 11/27/2013

Co-Listed By

Jerry Bush

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #296768

Last Buyer's Agent

Lee Swing

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #168189 Listed on: 11/27/2013

Property Details

Property Type

  • Land

Lot Details

  • Front Green Space
  • Many Trees

HOA Fees

  • $158 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9624-74-6300-00000

Community Details

Overview

  • Carlton Property Services Association, Phone Number (864) 238-2557

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.90678
  • Ratio Close Price By Original Li: 0.67722
  • Ratio Current Price By Acre: 399253.73
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: 12

Interior Features

  • H O A Management Phone: 864-238-2557

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 1896.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Carlton Property Services
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Avery's Creek/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Green Area, Trees
  • Lot Size Area: 0.670
  • Parcel Number: 9624-74-6300-00000
  • Zoning Specification: R-2
  • Plat Reference Section Pages: 4523

Tax Info

  • Tax Value: 560100.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2013
Closed on
Oct 29, 2020
Sold by
Mckinnon Hugh W and Mckinnon Diane D
Bought by
Cove Mountain Llc
Seller's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Lee Swing
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$295,000
Sold Price
$267,500
Premium/Discount to List
-$27,500
-9.32%
Total Days on Market
2465
Current Estimated Value
$555,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,782
Avg. Annual Appreciation
18.10%

Purchase Details

Closed on
Feb 15, 2008
Sold by
The Cliffs At Walnut Cove Llc
Bought by
Mckinnon Hugh W and Mckinnon Diane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Cove Mountain Llc $267,500 None Available
Mckinnon Hugh W $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinnon Hugh W $652,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $267,500 -9.3% --
08/27/2020 08/27/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $295,000 +10.3% --
02/28/2020 02/28/20 Off Market $267,500 -- --
04/04/2019 04/04/19 Price Changed $295,000 -7.8% --
04/04/2019 04/04/19 For Sale $320,000 +19.6% --
02/26/2019 02/26/19 Off Market $267,500 -- --
06/13/2018 06/13/18 Price Changed $320,000 -19.0% --
11/27/2013 11/27/13 For Sale $395,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2023 $1,644 $267,000 $267,000 $0
2022 $1,565 $267,000 $0 $0
2021 $1,565 $267,000 $0 $0
2020 $3,529 $560,100 $0 $0
2019 $3,529 $560,100 $0 $0
2018 $3,529 $560,100 $0 $0
2017 $3,529 $256,700 $0 $0
2016 $1,784 $256,700 $0 $0
2015 $1,784 $256,700 $0 $0
2014 $1,784 $256,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM552440

Canopy MLS (Canopy Realtor® Association)

APN: 9624-74-6300-00000