NOT LISTED FOR SALE

342 Quarter Gate Trace Chapel Hill, NC 27516

Estimated Value: $557,000 - $604,000

3 Beds
2.5 Baths
2,380 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $481,277 $202 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,398/month

Highlights

  • Granite Countertops
  • No HOA
  • Walk-In Closet
  • Margaret B. Pollard Middle School Rated A-
  • 2 Car Attached Garage
  • 5-minute walk to Great Meadow Park

About This Home

As of November 2021

Beautiful, immaculate home in Briar Chapel! Gourmet kitchen has granite countertops, huge island, walk in pantry, SS appliances. 1st floor master bedroom features trey celling, his and her walk in closets, double vanity. The 2nd floor boasts of 2 bedrooms, full bath, large bonus room and walk-in storage space. Enjoy your backyard with a 3 season room and deck with gas connection for your grill! Be active with Briar Chapel's tennis courts, resort like pools, playgrounds, and walking trails!

Last Agent to Rent the Property

Aparna Ahuja

Blossom Realty Group LLC License #283284 Listed on: 10/31/2021

Last Renter's Agent

Aparna Ahuja

Meritage Homes of the Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,422

Year Built

  • Built in 2018

Lot Details

  • 3,833

Parking

  • 2 Car Attached Garage
  • Private Driveway

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Laundry in unit

Kitchen

  • Oven
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Chatham Grove Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Briar Chapel Subdivision

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 10/31/21

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,422

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2021-10-31

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential Lease
  • Subdivision Name: Briar Chapel
  • Above Grade Finished Sq Ft: 2380.0
  • Unit Levels: Two
  • New Construction: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Room Types Dining Room2: Yes
  • Contract Information Availability Date: 2021-10-31
  • Contract Information Security Deposit2: 3000.0
  • General Property Information Above Grade Finished Area: 2380.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counters, Walk-In Closet(s)
  • Appliances: Microwave, Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Oven: Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

MLS Schools

  • Elementary School: Chatham - Chatham Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Oct 25, 2021
Sold by
Vangelder Peter and Vangelder Van Gelder
Bought by
John Cheru Cherian
Seller's Agent
Aparna Ahuja
Blossom Realty Group LLC
Buyer's Agent
Aparna Ahuja
Blossom Realty Group LLC
Sold Price
$2,575
Current Estimated Value
$587,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,577
Avg. Annual Appreciation
5.15%
Original Mortgage
$360,900
Outstanding Balance
$329,820
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$257,332

Purchase Details

Closed on
Aug 9, 2018
Sold by
Garman Homes Llc
Bought by
Vangelder Kathleen Van and Vangelder Peter Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,096
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2018
Sold by
Nnp Briar Chapel Llc
Bought by
Garman Homes Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
John Cheru Cherian $481,500 None Available
John Cheru Cherian $481,500 None Listed On Document
Vangelder Kathleen Van $346,500 None Available
Garman Homes Llc $130,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John Cheru Cherian $360,900
Closed John Cheru Cherian $360,900
Previous Owner Vangelder Kathleen Van $266,096
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Off Market $2,575 -- --
12/14/2023 12/14/23 Off Market $481,277 -- --
12/11/2023 12/11/23 Off Market $2,575 -- --
11/22/2021 11/22/21 Rented $2,575 0.0% --
11/02/2021 11/02/21 Under Contract -- -- --
11/02/2021 11/02/21 Rented $2,575 0.0% --
10/30/2021 10/30/21 For Rent $2,575 0.0% --
10/29/2021 10/29/21 Sold $481,277 +8.2% $202 / Sq Ft View Prior Sale
09/19/2021 09/19/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $445,000 -- $187 / 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 $3,422 $385,069 $87,040 $298,029
2023 $3,422 $385,069 $87,040 $298,029
2022 $3,140 $385,069 $87,040 $298,029
2021 $3,102 $385,069 $87,040 $298,029
2020 $3,089 $381,006 $75,000 $306,006
2019 $3,056 $381,006 $75,000 $306,006
2018 $0 $376,772 $75,000 $301,772
2017 $0 $67,500 $67,500 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jen Winkler

    Chanticleer Properties LLC

    Section Image
  • Aparna Ahuja

    Landlord's Agent in 2021

    Aparna Ahuja

    Blossom Realty Group LLC

    (408) 394-8002

    2 in this area

    279 Total Sales

    Aparna Ahuja
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2416538

Doorify MLS

APN: 0092296

North Carolina Chatham County Chapel Hill 27312

342 Quarter Gate Trace, Chapel Hill, NC

This home is located at 342 Quarter Gate Trace, Chapel Hill, NC 27516 since 31 October 2021 and is currently priced at $587,152. This property was built in 2018. 342 Quarter Gate Trace is a home located in Chatham County with nearby schools including Margaret B. Pollard Middle School and Woods Charter.

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