NOT LISTED FOR SALE

402 Overland Dr Chapel Hill, NC 27517

Estimated Value: $509,000 - $640,609

4 Beds
4 Baths
2,807 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $505,000 $180 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,679/month

5 Days on Market

Highlights

  • Recreation Room
  • Traditional Architecture
  • Home Office
  • Ephesus Elementary School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of May 2024

FIXER UPPER OF INVESTMENT OPPURTUNITY. Formal Living and Dining rooms, Family room with wood burning fireplace. Four bedrooms and 2 1/2 bathrooms. Beautiful Hardwood floors on second floor and Dining Room. Laundry Room conveniently located on main floor. Full Basement with 1-car garage, finished Recreation Room with fireplace, work area, storage, and a half bath to be finished. Gas heat and gas line to permanent grill on back patio.

Highly desirable area of Chapel Hill not far from Hwy 40. Bus stops on nearby streets. Update to add your own touches and build in sweet equity.

Roof 2008, Water Heater 2012, HVAC 2019

Last Agent to Sell the Property

Freda Hamlett

Keller Williams Legacy License #277229 Listed on: 03/13/2024

Keller Williams Legacy

Last Buyer's Agent

Joy Zhao

ZReal LLC License #281643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,867

Year Built

  • Built in 1968

Lot Details

  • 0.35 Acre Lot
  • Lot Sloped Down
  • Landscaped with Trees
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Lead Paint Disclosure

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Scuttle Attic Hole
  • Storm Windows

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Storage

Utilities

  • Central Air
  • Heating Available

Community Details

  • Colony Woods Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 9799755555

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,867

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1968
  • Prop. Type: Residential
  • Subdivision Name: Colony Woods
  • Above Grade Finished Sq Ft: 2057.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Below Grade Unfinished Area: 158.0
  • General Property Information Total Unfinished Area2: 158.0
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Attic Features Scuttle: Yes
  • Room Types Recreation Room3: Yes
  • Basement Heated3: Yes
  • Property Condition Fixer: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 2057.0
  • General Property Information Below Grade Finished Area: 750.0
  • Room Types Laundry2: Yes
  • Common Walls No Common Walls: Yes
  • Disclosures Lead Based Paint: Yes
  • Special Listing Conditions Trust: Yes
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Bathtub/Shower Combination
  • Basement: Heated, Partially Finished, Storage Space, Walk-Out Access
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 750.0
  • Total Bedrooms: 11
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Partially Finished: Yes
  • Appliances:WasherDryer: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Storage Space: Yes

Exterior Features

  • Acres: 0.35
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: No Common Walls
  • Window Features:Storm Window(s): Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Sloped Down: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Rear
  • Total Parking Spaces: 3.0
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Fireplace(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Fireplace(s): Yes

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9799755555

Tax Info

  • Tax Annual Amount: 5867.37
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 13, 2024
Sold by
Joan Moody Shedd Revocable Trust and Shedd Carol Ann
Bought by
Yu Bingbing
Seller's Agent
Freda Hamlett
Keller Williams Legacy
Buyer's Agent
Joy Zhao
ZReal LLC
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%
Views
47
Current Estimated Value
$595,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,152
Avg. Annual Appreciation
13.93%

Purchase Details

Closed on
Apr 25, 2000
Bought by
Shedd
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
Yu Bingbing $505,000 None Listed On Document
Shedd $247,400 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $505,000 +1.0% $180 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $500,000 -- $178 / 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 $6,284 $365,500 $135,000 $230,500
2023 $6,114 $365,500 $135,000 $230,500
2022 $5,862 $365,500 $135,000 $230,500
2021 $5,787 $365,500 $135,000 $230,500
2020 $5,475 $324,000 $100,000 $224,000
2018 $5,348 $324,000 $100,000 $224,000
2017 $5,699 $324,000 $100,000 $224,000
2016 $5,699 $342,400 $109,100 $233,300
2015 $5,652 $339,481 $109,101 $230,380
2014 $5,608 $339,481 $109,101 $230,380
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    Freda Hamlett

    Keller Williams Legacy

    (919) 810-9551

    73 Total Sales

    Freda Hamlett
    Section Image

  • J

    Buyer's Agent in 2024

    Joy Zhao

    ZReal LLC

    (919) 928-1818

    26 Total Sales

    Joy Zhao
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10016887

Doorify MLS

APN: 9799755555

North Carolina Orange County Chapel Hill 27517

402 Overland Dr, Chapel Hill, NC

This home is located at 402 Overland Dr, Chapel Hill, NC 27517 since 13 March 2024 and is currently estimated at $595,152, approximately $212 per square foot. This property was built in 1968. 402 Overland Dr is a home located in Orange County with nearby schools including Ephesus Elementary School, Phillips Middle School, and East Chapel Hill High School.

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