NOT LISTED FOR SALE

38 Teal Trace Ct Pittsboro, NC 27312

Estimated Value: $987,000 - $1,212,000

6 Beds
4.5 Baths
5,135 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2023

Last sale price $890,000 $173 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,822 / mo

65 Days on Market

Highlights

  • On Golf Course
  • Tennis Courts
  • New Construction
  • Fitness Center
  • Media Room
  • Gated Community

About This Home

As of July 2023

Rare opportunity to buy an acre lot in Chapel Ridge Estates at below market value! This beautiful modern farmhouse boasts a welcoming front porch with ceiling fans and is awaiting your porch swing additions. The kitchen is finished with copper fixtures and features a dual fuel THOR oven range. Bathrooms showcase stunning tub-to-ceiling tile work with shampoo niches to boot. Vaulted ceilings are present in the master bedroom, as well as a huge walk-in-closet, and en suite with walk-in shower and tub overlooking the private tree-lined lot. The basement is finished with a kitchenette, theater room, home gym, and additional bedroom and bathroom. Natural light is abundant throughout the home and has many additional features such as an oversized 3-car garage and intercom system throughout the home!

Last Agent to Sell the Property

Sheree Brown

United Real Estate Triangle License #333604 Listed on: 04/14/2023

Last Buyer's Agent

Jennifer Guyer-Stenner

Coldwell Banker HPW Pittsboro License #206867

Coldwell Banker HPW Pittsboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.1 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Open Lot
  • Landscaped with Trees

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Board and Batten Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Media Room
  • Home Office
  • Utility Room
  • Laundry on main level
  • Home Gym
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Range Hood
  • Quartz Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry

Home Security

  • Intercom
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation
  • No or Low VOC Paint or Finish

Outdoor Features

  • Tennis Courts
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Pittsboro Elementary School
  • Horton Middle School
  • Northwood High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

Overview

  • Association fees include road maintenance
  • Elite Property Management Association
  • Chapel Ridge Estates Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,044

Year Built

Built in 2023 | New Construction

Lot Details

1.1 Acres

HOA Fees

$108 per month

Parking

3

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Chapel Ridge Estates
  • Above Grade Finished Sq Ft: 3236.0
  • Architectural Style: Farmhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Insulation
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 920.0
  • General Property Information Total Unfinished Area2: 920.0
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Main Level: 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: 2023-05-01
  • Architectural Style Farm House: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Bedroom 5 Level: M
  • Room Types Great Room2: Yes
  • Room Types Utility Room: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Other Equipment Intercom: Yes
  • Basement Heated3: Yes
  • Room Types Media Room: Yes
  • Room Types Exercise Room: Yes
  • General Property Information Above Grade Finished Area: 3236.0
  • General Property Information Below Grade Finished Area: 1899.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 47916.0
  • General Property Information Lot Size Acres: 1.1
  • General Property Information:Living Area3: 5135.0
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, High Ceilings, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Exterior Entry, Finished, Heated, Interior Entry
  • Appliances: Gas Range, Gas Water Heater, Range Hood
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1899.0
  • Fireplace Features: Gas, Great Room
  • Fireplaces: 1
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Basement Finished: Yes
  • Fireplace Features:Great Room: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Golf: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 1.1
  • Construction Type: Board & Batten Siding, Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Open Lot: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Lot Features:On Golf Course: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Forced Air, Heat Pump, 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:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf, Playground, Pool, Street Lights
  • Association Fee: 1300.0
  • Association Fee Frequency: Annually
  • Association Name: Elite Property Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Property Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1300.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Horton

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Insulation: Yes

Tax Info

  • Tax Annual Amount: 1044.0

MLS Schools

  • Elementary School: Chatham - Pittsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jul 17, 2023
Sold by
Seed Real Estate & Development Llc
Bought by
Stenner Alfred Jackson and Vargas Lindsey Grace
Seller's Agent
Sheree Brown
United Real Estate Triangle
Buyer's Agent
Jennifer Guyer-Stenner
Coldwell Banker HPW Pittsboro
List Price
$1,195,000
Sold Price
$890,000
Premium/Discount to List
-$305,000
-25.52%
Views
8
Current Estimated Value
$1,112,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,070
Avg. Annual Appreciation
8.47%
Original Mortgage
$623,000
Outstanding Balance
$607,916
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$504,154

Purchase Details

Closed on
Jun 1, 2022
Sold by
Brown Dejean C and Brown Sheree A
Bought by
Seed Real Estate & Development Llc

Purchase Details

Closed on
Jan 12, 2021
Sold by
Sage Built Llc
Bought by
Brown Dejean C and Brown Sheree A

Purchase Details

Closed on
Dec 23, 2015
Sold by
Southstar At Chapel Ridge Llc
Bought by
Sage Built Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stenner Alfred Jackson $890,000 None Listed On Document
Seed Real Estate & Development Llc -- None Listed On Document
Brown Dejean C $50,000 None Available
Sage Built Llc $901,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stenner Alfred Jackson $623,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $890,000 -- --
07/21/2023 07/21/23 Sold $890,000 -10.5% $173 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $994,000 -0.1% $194 / Sq Ft
05/15/2023 05/15/23 Price Changed $995,000 -16.7% $194 / Sq Ft
04/16/2023 04/16/23 For Sale $1,195,000 -- $233 / Sq Ft
Source: Doorify MLS

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 $9,336 $1,076,154 $122,500 $953,654
2024 $5,962 $687,211 $87,125 $600,086
2023 $6,099 $348,660 $78,625 $270,035
2022 $1,024 $129,314 $78,625 $50,689
2021 $622 $78,625 $78,625 $0
2020 $585 $73,800 $73,800 $0
2019 $585 $73,800 $73,800 $0
2018 $0 $73,800 $73,800 $0
2017 $554 $73,800 $73,800 $0
2016 $930 $123,000 $123,000 $0
2015 $916 $123,000 $123,000 $0
2014 $907 $123,000 $123,000 $0
2013 -- $123,000 $123,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2505104

Doorify MLS

APN: 84819

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