NOT LISTED FOR SALE

3818 Teer Rd Chapel Hill, NC 27516

Estimated Value: $709,909 - $767,000

3 Beds
2.5 Baths
2,271 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $545,000 $240 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,240/month

29 Days on Market

Highlights

  • Deck
  • Radiant Floor
  • Cathedral Ceiling
  • Cedar Ridge High Rated A-
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2021

Welcome to your beautiful country manor retreat on 2.25 acres! Enjoy the family room with cathedral ceiling and wood burning fireplace. The first floor owner suite with garden tub, WIC, and direct access to the large sunroom with heated floors and bar. Upstairs, you will find 2 other bedrooms as well as a large bonus room and office. Landscape lighting on the grounds, with plenty of storage in your workshop and shed. Minutes from Chapel Hill, Carrboro and Hillsborough. Don't miss this one! Selling AS-IS.

Last Agent to Sell the Property

Bryn Terry

Choice Residential Real Estate License #294194 Listed on: 08/26/2021

Choice Residential Real Estate

Last Buyer's Agent

Annie Marchetta

EXP Realty LLC License #323236

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1988

Lot Details

  • 2.23 Acre Lot

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Cedar

Interior Spaces

  • 2,271 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub
  • Walk-in Shower

Attic

  • Pull Down Stairs to Attic
  • Permanent Attic Stairs
  • Unfinished Attic

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop

Schools

  • Grady Brown Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1988
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2271.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 2521.0
  • General Property Information Total Unfinished Area2: 2521.0
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: 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
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • General Property Information Senior Community YN: No
  • Other Structures Workshop: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 2271.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 97138.8
  • General Property Information Lot Size Acres: 2.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Tile, Vinyl, Wood
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Soaking Tub, Walk-In Shower, Wet Bar
  • Appliances: Gas Range, Microwave, Propane Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Propane Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Lighting
  • Acres: 2.23
  • Construction Type: Cedar
  • Patio And Porch Features: Deck, Enclosed, Glass Enclosed, Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Construction Materials:Cedar: Yes
  • Exterior Features:Lighting: Yes
  • Patio And Porch Features:Glass Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Garage Faces Side, Gravel
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Propane, Radiant Floor
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane2: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 97138.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3018.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Orange - Grady Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 19, 2021
Sold by
Kroothoep Kurt and Trakimas Carol
Bought by
Goins William and Goins Lisa
Seller's Agent
Bryn Terry
Choice Residential Real Estate
Buyer's Agent
Annie Marchetta
EXP Realty LLC
List Price
$590,000
Sold Price
$545,000
Premium/Discount to List
-$45,000
-7.63%
Current Estimated Value
$734,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,727
Avg. Annual Appreciation
7.88%
Original Mortgage
$365,000
Outstanding Balance
$332,846
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$401,881

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 11, 2021
Sold by
Alston Michial C
Bought by
Trakimas Carol Ann and Kroothoep Kurt
Seller's Agent
Pat Serkedakis
Coldwell Banker HPW Pittsboro
Buyer's Agent
Bryn Terry
Choice Residential Real Estate
List Price
$475,000
Sold Price
$575,000
Premium/Discount to List
$100,000
21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.00%
Original Mortgage
$440,099
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Horton Tammy L
Bought by
Alston Michial C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2012
Sold by
Futrelle Linwood and Futrell Diane
Bought by
Alston Michial C and Horton Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Goins William $545,000 None Available
Trakimas Carol Ann $575,000 None Available
Alston Michial C -- None Available
Alston Michial C $248,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goins William $365,000
Previous Owner Trakimas Carol Ann $440,099
Previous Owner Alston Michial C $146,500
Previous Owner Alston Michial C $148,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $545,000 -- --
12/14/2023 12/14/23 Off Market $575,000 -- --
10/26/2021 10/26/21 Sold $545,000 0.0% $240 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $545,000 -7.6% $240 / Sq Ft
08/26/2021 08/26/21 For Sale $590,000 +2.6% $260 / Sq Ft
05/11/2021 05/11/21 Sold $575,000 +21.1% $222 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $475,000 -- $184 / 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 $4,140 $410,000 $59,500 $350,500
2023 $4,022 $410,000 $59,500 $350,500
2022 $3,912 $410,000 $59,500 $350,500
2021 $3,018 $326,300 $59,500 $266,800
2020 $3,008 $306,200 $55,500 $250,700
2018 $2,944 $306,200 $55,500 $250,700
2017 $2,938 $306,200 $55,500 $250,700
2016 $2,938 $298,625 $50,933 $247,692
2015 $2,908 $298,625 $50,933 $247,692
2014 $2,888 $298,625 $50,933 $247,692
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bryn Terry

    Choice Residential Real Estate

    (252) 287-7514

    2 in this area

    67 Total Sales

    Bryn Terry
    Section Image
  • Pat Serkedakis

    Seller's Agent in 2021

    Pat Serkedakis

    Coldwell Banker HPW Pittsboro

    (919) 381-7731

    1 in this area

    89 Total Sales

    Pat Serkedakis
    Section Image

  • A

    Buyer's Agent in 2021

    Annie Marchetta

    EXP Realty LLC

See All Agents

Map

Source: Doorify MLS

MLS Number: 2404009

Doorify MLS

APN: 9840252127

North Carolina Orange County Chapel Hill 27516

3818 Teer Rd, Chapel Hill, NC

This home is located at 3818 Teer Rd, Chapel Hill, NC 27516 since 26 August 2021 and is currently estimated at $734,727, approximately $323 per square foot. This property was built in 1988. 3818 Teer Rd is a home located in Orange County with nearby schools including Grady Brown Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

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