$195,000
SOLD AUG 16, 2021

402 Summerwalk Cir Unit 402 Chapel Hill, NC 27517

2 Beds
2 Baths
951 Sq Ft
$189/mo HOA Fee

Recently Sold

$205 Per Sq Ft

5% Above List Price

11 Days on Market

Highlights

  • Deck
  • End Unit
  • Skylights
  • Transitional Architecture
  • Community Pool
  • Walk-In Closet

About This Home

As of July 2024

Charming 2nd floor condo only moments from Meadowmont, UNC & I-40. The short distance to the Park & Ride lot makes commuting into UNC quick & easy. This is the perfect floor plan for a roommate situation or house guests. Each bedroom has its own bath & balcony. Features include gas fireplace, built-in display shelving, large windows & new carpet. A private deck on the lower level allows enjoyment of the outdoors. Neighborhood amenities include: Clubhouse, Pool & Tennis Courts.

Last Agent to Sell the Property

Chris Culbreth

Tony Hall & Associates License #165073 Listed on: 06/25/2021

Last Buyer's Agent

Erika Luster

Keller Williams Realty United License #295107

Keller Williams Realty United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1984

Lot Details

  • End Unit

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 951 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Smooth Ceilings
  • Skylights
  • Screen For Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Prewired Security

Kitchen

  • Gas Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Creekside Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, trash
  • Finley Forest Coa
  • Finley Forest Condos Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,695

Year Built

Built in 1984

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: Finley Forest Condos
  • Above Grade Finished Sq Ft: 951.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Laundry Closet: Yes
  • Fireplace Features Fireplace Screen: Yes
  • Common Walls End Unit: Yes
  • Security Features Prewired: Yes
  • General Property Information Above Grade Finished Area: 951.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Entrance Foyer, Living/Dining Room Combination, Smooth Ceilings, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: 2nd Floor
  • Fireplace Features: Family Room, Fireplace Screen, Gas, Gas Log, Prefabricated
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Common Walls: End Unit
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Door Features:Storm Door(s): Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Skylight(s): Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Hot Water, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 189.0
  • Association Fee Frequency: Monthly
  • Association Name: Finley Forest COA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Finley Forest COA
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 189.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1695.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Durham - Creekside

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%
Views
149
Current Estimated Value
$251,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,096
Avg. Annual Appreciation
-1.18%
Original Mortgage
$154,800
Outstanding Balance
$153,762
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$100,782

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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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: 2392080

Doorify MLS

APN: 142083