NOT LISTED FOR SALE

340 Abbot Place Unit 22 Chapel Hill, NC 27516

Estimated Value: $919,072 - $1,050,000

5 Beds
4 Baths
3,453 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $681,360 $197 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,311/month

132 Days on Market

Highlights

  • New Construction
  • Transitional Architecture
  • Main Floor Bedroom
  • Morris Grove Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of July 2021

Galvani E3, 5BR-4BA w/Guest Suite w/Full Bath on Main Level. Crawl Foundation. Study w/French doors. Drop Zone. Gourmet Kitchen w/Gas Cooktop, Island, Walk-in Pantry. White Cabs w/Quartz Tops. DR Tray Ceiling. Gaslog FP in FR. Hardwood Downstairs & Upstairs Loft/Hall. Oak Steps w/Iron Rail. Owner's Suite w/Retreat, Each w/Tray Ceiling. MBA w/Corner Garden Tub, 5' Shower, Double Vanities & WICs. Secondary BRs w/WICs. Gamerm. Utility Sink. Screen Porch w/Deck. Tankless Gas H2O. Everything's Connected Home.

Last Agent to Sell the Property

Gian Hasbrock

Kris & Associates Property Man License #136864 Listed on: 10/09/2020

Co-Listed By

Tina Aquilino

Lennar Carolinas LLC License #296654

Last Buyer's Agent

Gian Hasbrock

Jon Parker Real Estate License #136864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x111x55x111
  • Cul-De-Sac
  • Open Lot
  • Property is zoned R-1 & R-1A

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

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

Interior Spaces

  • 3,453 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
  • Home Office
  • Bonus Room
  • 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

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

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, Galvani Ii Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Builder Name: Lennar
  • Builder Model: Galvani II
  • Year Built: 2021
  • Prop. Type: Residential
  • Co List Office Mls Id: 3192
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Chandler Woods
  • Above Grade Finished Sq Ft: 3453.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 55x111x55x111
  • 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 Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: 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
  • Contract Information Estimated Completion Date: 2021-07-01
  • Construction Materials Radiant Barrier: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • 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: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: 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 Senior Community YN: No
  • General Property Information Above Grade Finished Area: 3453.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Builder Name: Lennar
  • General Property Information Builder Model: Galvani II
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 13
  • 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:Gas4: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.14
  • 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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: 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

  • Senior Community: No
  • 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: R-1 & R-1A
  • Lot Dimensions: 55x111x55x111
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 1049.0
  • Tax Year: 2019
  • Tax Map Number: DB6558 PG461 Lot22

MLS Schools

  • Elementary School: CH/Carrboro - Morris Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jul 27, 2021
Sold by
Calatlantic Group Inc
Bought by
Lee Jung Gu and Moon Nan Hee
Seller's Agent
Gian Hasbrock
Kris & Associates Property Man
Buyer's Agent
Gian Hasbrock
Jon Parker Real Estate
List Price
$662,360
Sold Price
$681,360
Premium/Discount to List
$19,000
2.87%
Current Estimated Value
$980,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,908
Avg. Annual Appreciation
8.56%
Original Mortgage
$545,088
Outstanding Balance
$501,372
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$451,210
Source: Public Records

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
Lee Jung Gu $682,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jung Gu $545,088
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $681,360 0.0% $197 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
01/31/2021 01/31/21 Price Changed $681,360 +0.3% $197 / Sq Ft
01/29/2021 01/29/21 Price Changed $679,360 +0.7% $197 / Sq Ft
01/26/2021 01/26/21 Price Changed $674,360 +1.0% $195 / Sq Ft
01/18/2021 01/18/21 Price Changed $667,360 +0.8% $193 / Sq Ft
01/07/2021 01/07/21 For Sale $662,360 -2.8% $192 / Sq Ft
10/09/2020 10/09/20 Off Market $681,360 -- --
10/08/2020 10/08/20 For Sale $654,660 -- $190 / 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 $10,830 $640,500 $85,000 $555,500
2023 $10,529 $640,500 $85,000 $555,500
2022 $9,944 $640,500 $85,000 $555,500
2021 $441 $85,000 $85,000 $0
2020 $470 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gian Hasbrock

    Kris & Associates Property Man

  • T

    Seller Co-Listing Agent in 2021

    Tina Aquilino

    Lennar Carolinas LLC

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Map

Source: Doorify MLS

MLS Number: 2347355

Doorify MLS

APN: 9870710874

North Carolina Orange County Chapel Hill 27516

340 Abbot Place Unit 22, Chapel Hill, NC

This home is located at 340 Abbot Place Unit 22, Chapel Hill, NC 27516 since 09 October 2020 and is currently estimated at $980,268, approximately $283 per square foot. This property was built in 2021. 340 Abbot Place Unit 22 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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