NOT LISTED FOR SALE

404 Old Larkspur Way Chapel Hill, NC 27516

Estimated Value: $970,000 - $1,023,000

4 Beds
4.5 Baths
3,649 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $690,000 $189 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,310/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • Wood Flooring
  • Smith Middle School Rated A
  • Vaulted Ceiling
  • Attic

About This Home

As of May 2021

High quality, Zinn-built home in sought after, Larkspur. This stunning, sunlit home offers plenty of space, 4-5 bedrooms, separate LR, DR, breakfast room overlooking spacious & landscaped yard, 4.5 baths, fully finished 3rd story w/3 piece bath--great for teen space, or private guest suite, complete w/gorgeous reading nook, and walk-in storage. New 2nd floor carpeting 2021, fresh interior paint 2021. 3rd floor finish 2015/ 2nd floor replaced HVAC 2018.

Last Agent to Sell the Property

Trish Sweeney-Lowe

Compass -- Chapel Hill - Durham License #279571 Listed on: 03/25/2021

Last Buyer's Agent

Mary Lou Hanna

Long & Foster Real Estate INC/Raleigh License #297046

Long & Foster Real Estate INC/Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,110

Year Built

  • Built in 2005

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 86 x 101 x 86 x 110
  • Fenced Yard
  • Landscaped

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Colonial Architecture
  • Masonite

Interior Spaces

  • 3,649 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Crawl Space
  • Unfinished Attic

Kitchen

  • Gas Range
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Private Water Closet
  • Bathtub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Outdoor Features

  • Patio

Schools

  • Northside Elementary School
  • Smith Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • Resource Prop/Larkspur Oa Association, Phone Number (919) 240-4045
  • Built by Zinn Builders
  • Larkspur Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,110

Year Built

Built in 2005

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Builder Name: Zinn Builders
  • Year Built: 2005
  • Prop. Type: Residential
  • Subdivision Name: Larkspur
  • Above Grade Finished Sq Ft: 3649.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 164.0
  • General Property Information Total Unfinished Area2: 164.0
  • General Property Information Lot Size Dimensions: 86 X 101 X 86 X 110
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Phone: 919-240-4045
  • Architectural Style Colonial: Yes
  • Levels Three Or More: Yes
  • Fencing Privacy: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 3649.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Builder Name: Zinn Builders
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Wood
  • Interior Amenities: Bathtub Only, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Separate Shower, Shower Only, Smooth Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Fencing: Privacy
  • Acres: 0.21
  • Construction Type: Masonite
  • Patio And Porch Features: Enclosed, Patio, Porch, Screened
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Masonite: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 240.0
  • Association Fee Frequency: Quarterly
  • Association Name: Resource Prop/Larkspur OA
  • Phone: 919-240-4045
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Resource Prop/Larkspur OA
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 240.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: CH/Carrboro - Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Smith

Lot Info

  • Lot Dimensions: 86 X 101 X 86 X 110
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9110.0
  • Tax Year: 2020
  • Tax Map Number: TM18D LOT 73

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 3, 2021
Sold by
Kaufman Jacob and Kaufman Elizabeth
Bought by
Ayoub Chakib M and Ayoub Aline
Seller's Agent
Trish Sweeney-Lowe
Compass -- Chapel Hill - Durham
Buyer's Agent
Mary Lou Hanna
Long & Foster Real Estate INC/Raleigh
List Price
$695,500
Sold Price
$690,000
Premium/Discount to List
-$5,500
-0.79%
Current Estimated Value
$990,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,873
Avg. Annual Appreciation
8.42%
Original Mortgage
$540,000
Outstanding Balance
$422,218
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$553,749

Purchase Details

Closed on
Apr 30, 2015
Sold by
Manik Heidi and Manik Christopher
Bought by
Kaufman Jacob and Kaufman Elizabeth

Purchase Details

Closed on
Jun 9, 2006
Sold by
Schermer Carol R
Bought by
Manik Christopher and Manik Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2005
Sold by
Zinn Design Build Llc
Bought by
Schermer Carol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2004
Sold by
Cazco Inc
Bought by
Zinn Design Build Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Ayoub Chakib M $690,000 None Available
Kaufman Jacob $490,000 None Available
Manik Christopher $500,000 None Available
Schermer Carol R $465,000 --
Zinn Design Build Llc $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayoub Chakib M $540,000
Previous Owner Manik Christopher $356,400
Previous Owner Christopher $379,500
Previous Owner Christopher $380,000
Previous Owner Manik Christopher $375,000
Previous Owner Manik Christopher $125,000
Previous Owner Schermer Carol R $359,650
Previous Owner Zinn Design Build Llc $360,000
Closed Schermer Carol R $82,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $690,000 -- --
05/13/2021 05/13/21 Sold $690,000 +1.5% $189 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/28/2021 03/28/21 Price Changed $679,900 -2.2% $186 / Sq Ft
03/25/2021 03/25/21 For Sale $695,500 -- $191 / 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 $9,974 $588,700 $150,000 $438,700
2023 $9,697 $588,700 $150,000 $438,700
2022 $9,291 $588,700 $150,000 $438,700
2021 $8,615 $552,100 $150,000 $402,100
2020 $9,358 $564,600 $150,000 $414,600
2018 $0 $564,600 $150,000 $414,600
2017 $8,696 $564,600 $150,000 $414,600
2016 $8,696 $528,500 $97,500 $431,000
2015 $8,135 $493,610 $97,529 $396,081
2014 $8,090 $493,610 $97,529 $396,081
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Trish Sweeney-Lowe

    Compass -- Chapel Hill - Durham

  • M

    Buyer's Agent in 2021

    Mary Lou Hanna

    Long & Foster Real Estate INC/Raleigh

    (919) 349-0049

    19 Total Sales

    Mary Lou Hanna
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Map

Source: Doorify MLS

MLS Number: 2374138

Doorify MLS

APN: 9870966836

North Carolina Orange County Chapel Hill 27516

404 Old Larkspur Way, Chapel Hill, NC

This home is located at 404 Old Larkspur Way, Chapel Hill, NC 27516 since 25 March 2021 and is currently estimated at $990,873, approximately $271 per square foot. This property was built in 2005. 404 Old Larkspur Way is a home located in Orange County with nearby schools including Northside Elementary School, Smith Middle School, and Chapel Hill High School.

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