$441,000 - $473,000
RENTED JAN 27, 2025

404 Presque Isle Ln Unit 404 Chapel Hill, NC 27514

2 Beds
2.5 Baths
1,782 Sq Ft
5.18 Acres

Last Sold December 06, 2024

Last sale price $435,000 $244 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,807/month

Highlights

  • Fitness Center
  • No HOA
  • 1 Car Garage
  • Glenwood Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

Available Now! Stunning 2BR/2.5BA + Office in the desirable Presque Isle Villas. An immaculate condo with plenty of storage space. The kitchen features stainless steel appliances, quartz counter tops, gas range, under the cabinet lighting and plenty of counter space. Oversized living room with a gas fireplace and extra flex space. Large primary suite with custom closet design, double vanity, shower and separate soaking tub. Front and back covered patios. Garage offers plenty of built-in storage. Community amenities include a pool, fitness room and clubhouse. 1 garage space and 2 street parking spaces. Convenient location to Duke and UNC! *No Cats, Dogs Negotiable w/ Non-Refundable, Annual Pet Fee of $300 Per Pet*

Last Agent to Rent the Property

Spencer Southern

Lisa Southern Real Estate License #276712 Listed on: 12/14/2024

Last Renter's Agent

Spencer Southern

Compass -- Raleigh

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,381

Year Built

  • Built in 2002

Lot Details

  • 5.18

Parking

  • 1 Car Garage

Home Design

  • 1,782 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,450
  • Property Available on 12/13/24
  • Tenant pays for cable TV, electricity, gas, hot water, sewer, water
  • 12 Month Lease Term
  • Assessor Parcel Number 9890-50-0795.021

Community Details

Overview

  • No Home Owners Association
  • Presque Isle Villas Subdivision

Recreation

  • Fitness Center

Pet Policy

  • Pet Deposit $300

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,381

Year Built

Built in 2002

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water, Sewer, Water
  • Lease Term: 12 Months
  • Available Date: 2024-12-13

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential Lease
  • Subdivision Name: Presque Isle Villas
  • Above Grade Finished Sq Ft: 1782.0
  • Cooling Central Air: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-12-13
  • Contract Information Security Deposit2: 2450.0
  • General Property Information Above Grade Finished Area: 1782.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Community Features:Fitness Center2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center
  • Association: No
  • Fees Pet Deposit: 300.0

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 9890-50-0795.021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Dec 2, 2024
Sold by
Veety Lynn A
Bought by
Chaffee John D and Chaffee Joan W
Seller's Agent
Spencer Southern
Lisa Southern Real Estate
Buyer's Agent
Spencer Southern
Lisa Southern Real Estate
Sold Price
$2,450
Views
29
Current Estimated Value
$450,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,160
Avg. Annual Appreciation
4.04%
Original Mortgage
$391,500
Outstanding Balance
$387,085
Interest Rate
5.45%
Mortgage Type
New Conventional
Estimated Equity
$63,525

Purchase Details

Listed on
Sep 13, 2022
Closed on
Nov 14, 2022
Sold by
Moschella Ferne L and Moschella John J
Bought by
Veety Lynn A
Seller's Agent
michael Shulman
Preferred Realty Services LLC
Buyer's Agent
Thomas Wiltberger
Compass -- Chapel Hill - Durham
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Oct 27, 2014
Sold by
Moschella Ferne L and Backer Jill
Bought by
Moschella Ferne L and Moschella John J

Purchase Details

Closed on
Nov 15, 2002
Sold by
Ard Group Inc
Bought by
Mecklowitz Bernard J and Mecklowitz Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2025 01/27/25 Rented $2,450 0.0% --
01/23/2025 01/23/25 Under Contract -- -- --
12/14/2024 12/14/24 For Rent $2,450 0.0% --
12/06/2024 12/06/24 Sold $435,000 -3.1% $244 / Sq Ft View Prior Sale
10/29/2024 10/29/24 Pending -- -- --
09/29/2024 09/29/24 Price Changed $449,000 -2.2% $252 / Sq Ft
09/14/2024 09/14/24 For Sale $459,000 +20.8% $258 / Sq Ft
12/14/2023 12/14/23 Off Market $380,000 -- --
11/21/2022 11/21/22 Sold $380,000 -7.3% $221 / Sq Ft View Prior Sale
10/06/2022 10/06/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $410,000 -- $239 / 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
2025 $5,381 $400,200 $0 $400,200
2024 $4,993 $288,700 $0 $288,700
2023 $4,859 $288,700 $0 $288,700
2022 $4,660 $288,700 $0 $288,700
2021 $4,601 $288,700 $0 $288,700
2020 $4,538 $267,300 $0 $267,300
2018 $4,432 $267,300 $0 $267,300
2017 $4,712 $267,300 $0 $267,300
2016 $4,712 $282,100 $47,500 $234,600
2015 $4,647 $278,034 $47,543 $230,491
2014 $4,587 $278,034 $47,543 $230,491
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2025

    Spencer Southern

    Lisa Southern Real Estate

    (919) 800-0880

    1 Total Sale

    Spencer Southern
    Section Image
  • Thomas Wiltberger

    Seller's Agent in 2024

    Thomas Wiltberger

    Compass -- Chapel Hill - Durham

    (919) 451-0740

    122 Total Sales

    Thomas Wiltberger
    Section Image
  • Jason Dalton

    Buyer's Agent in 2024

    Jason Dalton

    Keller Williams Realty

    (919) 520-7067

    222 Total Sales

    Jason Dalton
    Section Image

  • m

    Seller's Agent in 2022

    michael Shulman

    Preferred Realty Services LLC

    Section Image

  • T

    Buyer's Agent in 2022

    Tom Wiltberger

    Terra Nova Global Properties

See All Agents

Map

Source: Doorify MLS

MLS Number: 10067309

Doorify MLS

APN: 9890500795.021

North Carolina Orange County Chapel Hill 27514

404 Presque Isle Ln Unit 404, Chapel Hill, NC

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