402 Summerwalk Cir Unit 402 Chapel Hill, NC 27517
2
Beds
2
Baths
954
Sq Ft
$208/mo
HOA Fee
Highlights
- Clubhouse
- Traditional Architecture
- Community Pool
- Deck
- End Unit
- Balcony
About This Home
As of July 2024Amazing investment opportunity in Finley Forest. Conveniently located between Durham and Chapel Hill, this second floor home is nestled among trees and also accessible to local shopping and dining. Each bedroom has its own balcony and is situated on opposite sides- perfect for roommates. The primary bedroom has a large walk in closet connecting to the bathroom. Condo boasts generous skylights and built in shelving around fireplace. Gas fireplace, gas stove, washer/dryer, microwave and refrigerator convey. Community amenities include pool, tennis, playground and clubhouse.
Last Agent to Sell the Property
EXP Realty LLC License #342948 Listed on: 06/05/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,819
Year Built
- Built in 1984
Lot Details
- End Unit
- Private Entrance
HOA Fees
- $208 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Veneer
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 954 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Living Room with Fireplace
Kitchen
- Gas Oven
- Freezer
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Open Parking Spaces
- Parking Lot
Outdoor Features
- Balcony
- Deck
- Enclosed patio or porch
- Playground
Schools
- Parkwood Elementary School
- Githens Middle School
- Jordan High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 142083
Community Details
Overview
- Association fees include ground maintenance
- William Douglas Mgmt. Association, Phone Number (919) 459-1860
- Finley Forest Condos Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2024
Closed on
Jul 17, 2024
Sold by
Malcolm Lance D and Malcolm Amanda F
Bought by
Nguyen Thuy Le and Nguyen Long2cuan
Seller's Agent
Shannon Mahoney
EXP Realty LLC
Buyer's Agent
Lanaysia Barber
DASH Carolina
List Price
$255,000
Sold Price
$258,000
Premium/Discount to List
$3,000
1.18%
Total Days on Market
4
Views
149
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,977
Avg. Annual Appreciation
-2.57%
Original Mortgage
$154,800
Outstanding Balance
$153,762
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$98,261
Purchase Details
Listed on
Jun 25, 2021
Closed on
Aug 5, 2021
Sold by
Bedford James E and Bedford Lindsay T
Bought by
Malcolm Sr Lance D and Malcolm Amanda F
Seller's Agent
Chris Culbreth
Tony Hall & Associates
Buyer's Agent
Erika Luster
Keller Williams Realty United
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$156,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2007
Sold by
Mcmorris Mary D and Santoro Leonard
Bought by
Bedford James E and Bedford Lindsay T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,600
Interest Rate
6.1%
Mortgage Type
Stand Alone Second
Similar Homes in Chapel Hill, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $258,000 | None Listed On Document | |
| Warranty Deed | $195,000 | None Available | |
| Warranty Deed | $144,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $154,800 | New Conventional | |
| Previous Owner | $156,000 | New Conventional | |
| Previous Owner | $119,075 | New Conventional | |
| Previous Owner | $21,600 | Stand Alone Second | |
| Previous Owner | $115,200 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2024 07/17/24 | Sold | $258,000 | +1.2% | $270 / Sq Ft |
| 06/10/2024 06/10/24 | Pending | -- | -- | -- |
| 06/05/2024 06/05/24 | For Sale | $255,000 | +30.8% | $267 / Sq Ft |
| 12/18/2023 12/18/23 | Off Market | $195,000 | -- | -- |
| 08/16/2021 08/16/21 | Sold | $195,000 | +5.4% | $205 / Sq Ft |
| 07/11/2021 07/11/21 | Pending | -- | -- | -- |
| 06/30/2021 06/30/21 | For Sale | $185,000 | -- | $195 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $1,876 | $134,891 | $0 | $134,891 |
| 2023 | $1,678 | $134,891 | $0 | $134,891 |
| 2022 | $1,678 | $134,891 | $0 | $134,891 |
| 2021 | $1,668 | $134,891 | $0 | $134,891 |
| 2020 | $1,695 | $134,891 | $0 | $134,891 |
| 2019 | $1,695 | $134,891 | $0 | $134,891 |
| 2018 | $1,379 | $105,568 | $0 | $105,568 |
| 2017 | $1,347 | $105,568 | $0 | $105,568 |
| 2016 | $1,335 | $105,568 | $0 | $105,568 |
| 2015 | $1,818 | $138,006 | $0 | $138,006 |
| 2014 | $1,818 | $138,006 | $0 | $138,006 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Mahoney
S
Seller's Agent in 2024
Shannon Mahoney
EXP Realty LLC
(219) 670-0296
3 Total Sales
-
Nicole Galiger
N
Seller Co-Listing Agent in 2024
Nicole Galiger
Park Real Estate Management
(919) 307-6242
2 Total Sales
-
Lanaysia Barber
L
Buyer's Agent in 2024
Lanaysia Barber
DASH Carolina
(803) 609-5207
8 Total Sales
-
Chris Culbreth
Seller's Agent in 2021
Chris Culbreth
Tony Hall & Associates
(919) 602-5678
111 Total Sales
-
Erika Luster
Buyer's Agent in 2021
Erika Luster
Keller Williams Realty United
108 Total Sales
Map
Source: Doorify MLS
MLS Number: 10033491
APN: 142083
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