NOT LISTED FOR SALE

Estimated Value: $1,313,000

0.86 Acre
$1,526,744 Price per Acre
37,462 Sq Ft Lot

Last Sold April 10, 2025

Last sale price $175,000

Est. 650% increase in value since last sale

Current estimated payment $7,659/month

34 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • 0.86 Acre Lot
  • North Chatham Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Lot

As of April 2025

Rare opportunity to build your ''right-sized'' home on one of the few available golf course homesites in Governors Club. Sought-after, prestigious gated community with easy access to UNC, Research Triangle Park, Raleigh Durham Airport, hospitals and medical care. Lot lives large on .86 of an acre, backing to views of the 24th fairway, green & pond of the Jack Nicklaus Signature mountain course. Perfect location to relish stunning sunsets from back decks and lower level walk-out of your custom home. Bring your own builder (must be approved by ARB); no timeframe or limitations for building. All plans are subject to Architectural Review Board approval. Enjoy restaurants and retail establishments from Chapel Hill to Pittsboro. Golf and Sports club memberships available for separate fee.

Last Agent to Sell the Property

Gretchen Castorina

Compass -- Chapel Hill - Durham License #273591 Listed on: 01/23/2025

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Kimberly Lovegrove

Governors Club Realty License #317808

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,018

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 155 x 250 x 81 x 144 x 167
  • Property fronts a private road
  • On Golf Course
  • Lot Sloped Down
  • Wooded Lot

HOA Fees

  • $239 Monthly HOA Fees

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Additional Features

  • Golf Course Views
  • Community Sewer or Septic

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 69274

Community Details

Overview

  • Govenors Club Poa, Phone Number (919) 942-0500
  • Governors Club Subdivision
  • The community has rules related to alterations or architectural changes

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Dog Park

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,018

Lot Details

0

HOA Fees

$239 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Concrete
  • Subdivision Name: Governors Club
  • General Property Information Lot Size Dimensions: 155 x 250 x 81 x 144 x 167
  • General Property Information Association Fee Required YN: Yes
  • Water Source Public: Yes
  • General Property Information Association Phone: 919-942-0500
  • Sewer Community Sewer: Yes
  • Vegetation Wooded2: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Restrictions Architectural Review: Yes
  • General Property Information Monthly Association Fees2: 238.75
  • Utilities Sewer Available: Yes
  • Development Status Raw Land: Yes
  • View Golf Course3: Yes
  • Special Listing Conditions Trust: Yes
  • General Property Information Lot Size Square Feet2: 37461.6
  • General Property Information Lot Size Acres: 0.86
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Community Features:Pool2: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes

Exterior Features

  • Acres: 0.86
  • Lot Features:On Golf Course: Yes
  • Lot Features:Sloped Down: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Pool, Tennis Court(s)
  • Association Fee: 2865.0
  • Association Fee Frequency: Annually
  • Association Name: Govenors Club POA
  • Phone: 919-942-0500
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Govenors Club POA
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Gated: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 2865.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Current Use: Unimproved
  • Development Status: Raw Land
  • Lot Dimensions: 155 x 250 x 81 x 144 x 167
  • Lot Size Sq Ft: 37461.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 69274
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2017.83
  • Tax Year: 2024

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Apr 2, 2025
Sold by
Paul D Browning Revocable Trust and Kathleen M Johnson Revocable Trust
Bought by
Highland Builders Inc
Seller's Agent
Gretchen Castorina
Compass -- Chapel Hill - Durham
Buyer's Agent
Kimberly Lovegrove
Governors Club Realty
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Views
31
Current Estimated Value
$1,313,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,138,000
Avg. Annual Appreciation
66475.11%
Original Mortgage
$131,250
Outstanding Balance
$131,250
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$1,181,750

Purchase Details

Closed on
May 24, 2007
Sold by
Bozman Joseph F and Bozman Karen L
Bought by
Browning Paul D and Johnson Kathleen M
Source: Public Records

Range of Values:

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Average Value
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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
Highland Builders Inc $175,000 None Listed On Document
Highland Builders Inc $175,000 None Listed On Document
Browning Paul D $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Builders Inc $131,250
Closed Highland Builders Inc $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $175,000 -7.9% --
02/26/2025 02/26/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $190,000 -- --
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 $2,018 $236,557 $236,557 $0
2023 $2,018 $236,557 $236,557 $0
2022 $1,852 $236,557 $236,557 $0
2021 $1,829 $236,557 $236,557 $0
2020 $1,625 $208,845 $208,845 $0
2019 $1,625 $208,845 $208,845 $0
2018 $1,527 $208,845 $208,845 $0
2017 $1,527 $208,845 $208,845 $0
2016 $1,691 $229,500 $229,500 $0
2015 $1,664 $229,500 $229,500 $0
2014 $1,629 $229,500 $229,500 $0
2013 -- $229,500 $229,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10072272

Doorify MLS

APN: 69274