$258,000
SOLD JUL 17, 2024

402 Summerwalk Cir Unit 402 Chapel Hill, NC 27517

2 Beds
2 Baths
954 Sq Ft
$208/mo HOA Fee

Recently Sold

$270 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool
  • Deck
  • End Unit
  • Balcony

About This Home

As of July 2024

Amazing 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

Shannon Mahoney

EXP Realty LLC License #342948 Listed on: 06/05/2024

EXP Realty LLC

Co-Listed By

Nicole Galiger

Park Real Estate Management License #289671

Last Buyer's Agent

Lanaysia Barber

DASH Carolina License #337695

DASH Carolina

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,819

Year Built

Built in 1984

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: T144
  • Co List Office Phone: 336-399-5849
  • Subdivision Name: Finley Forest Condos
  • Above Grade Finished Sq Ft: 954.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Association Phone: 9194591860
  • Common Walls End Unit: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 207.9
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 954.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Freezer, Gas Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Freezer: Yes
  • Community Features:Clubhouse2: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony, Playground, Private Entrance, Tennis Court(s)
  • Common Walls: End Unit
  • Construction Type: Brick, Brick Veneer, Vinyl Siding
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck, Enclosed
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Exterior Features:Playground3: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Entrance: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Lot: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Pool, Tennis Court(s)
  • Association Fee: 207.9
  • Association Fee Frequency: Monthly
  • Association Name: William Douglas Mgmt.
  • Phone: 919-459-1860
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: William Douglas Mgmt.
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Playground: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 207.9
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Parcel #: 142083

Tax Info

  • Tax Annual Amount: 1819.48
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Parkwood

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
$252,023

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

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Map

Source: Doorify MLS

MLS Number: 10033491

Doorify MLS

APN: 142083