NOT LISTED FOR SALE

331 Abbot Place Chapel Hill, NC 27516

Estimated Value: $752,261 - $873,000

5 Beds
3 Baths
2,833 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $733,000 $259 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,310/month

2 Days on Market

Highlights

  • Transitional Architecture
  • Main Floor Bedroom
  • Corner Lot
  • Morris Grove Elementary School Rated A
  • Loft
  • High Ceiling

About This Home

As of July 2022

Nearly new executive home in lovely Chandler Woods! Fantastic corner lot with coveted Southern exposure. Flexible and spacious floorplan includes first floor guest suite and bath, plus four bedrooms and large loft up! You’ll love the gourmet Kitchen with quartz, stainless and subway tile. Beautiful flooring throughout. Light-filled rooms that flow seamlessly to one another. Plus enjoy community playground, and walk to trails and nearby schools! A rare opportunity in this just-completed community. Wow!

Last Agent to Sell the Property

Wendy tanson

Nest Realty of the Triangle License #208494 Listed on: 06/24/2022

Nest Realty of the Triangle

Last Buyer's Agent

Joy Zhao

ZReal LLC License #281643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,747

Year Built

  • Built in 2021

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 104x43x107x64
  • Cul-De-Sac
  • Corner Lot
  • Open Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radiant Barrier
  • Stone

Interior Spaces

  • 2,833 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Loft
  • Screened Porch
  • Utility Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Watersense Fixture

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Morris Grove Elementary School
  • Smith Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Elite Management Association, Phone Number (919) 233-7660
  • Built by Lennar
  • Chandler Woods Subdivision, Edison Ii Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,747

Year Built

Built in 2021

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Builder Name: Lennar
  • Builder Model: Edison II
  • Year Built: 2021
  • Prop. Type: Residential
  • Subdivision Name: Chandler Woods
  • Above Grade Finished Sq Ft: 2833.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 104x43x107x64
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Construction Materials Radiant Barrier: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type WaterSense: Yes
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Above Grade Finished Area: 2833.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Lot Size Acres: 0.15
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.15
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish, Radiant Barrier, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Quarterly
  • Association Name: Elite Management
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: CH/Carrboro - Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Smith

Lot Info

  • Zoning: res
  • Lot Dimensions: 104x43x107x64
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 8747.0

MLS Schools

  • Elementary School: CH/Carrboro - Morris Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 11, 2022
Sold by
Fan Zhang
Bought by
Huang Chen
Seller's Agent
Wendy tanson
Nest Realty of the Triangle
Buyer's Agent
Joy Zhao
ZReal LLC
List Price
$650,000
Sold Price
$733,000
Premium/Discount to List
$83,000
12.77%
Current Estimated Value
$807,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,315
Avg. Annual Appreciation
3.39%
Original Mortgage
$400,000
Outstanding Balance
$346,472
Interest Rate
4.81%
Mortgage Type
New Conventional
Estimated Equity
$460,843

Purchase Details

Closed on
Mar 23, 2021
Sold by
Calatlantic Group Inc
Bought by
Zhang Fan and Zhang Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,268
Interest Rate
2.73%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Huang Chen $733,000 Liu Law Firm Pllc
Zhang Fan $547,000 Lennar Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Chen $400,000
Previous Owner Zhang Fan $437,268
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $733,000 -- --
07/28/2022 07/28/22 Sold $733,000 +12.8% $259 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $650,000 -- $229 / 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 $8,936 $523,800 $85,000 $438,800
2023 $8,690 $523,800 $85,000 $438,800
2022 $8,329 $523,800 $85,000 $438,800
2021 $4,320 $285,000 $85,000 $200,000
2020 $503 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Wendy tanson

    Nest Realty of the Triangle

    (919) 971-7180

    227 Total Sales

    Wendy tanson
    Section Image

  • J

    Buyer's Agent in 2022

    Joy Zhao

    ZReal LLC

    (919) 928-1818

    28 Total Sales

    Joy Zhao
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2458105

Doorify MLS

APN: 9870711678

North Carolina Orange County Chapel Hill 27516

331 Abbot Place, Chapel Hill, NC

This home is located at 331 Abbot Place, Chapel Hill, NC 27516 since 24 June 2022 and is currently estimated at $807,315, approximately $284 per square foot. This property was built in 2021. 331 Abbot Place is a home located in Orange County with nearby schools including Morris Grove Elementary School, Smith Middle School, and Chapel Hill High School.

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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