$380,000
SOLD NOV 21, 2022 RENTED JAN 27, 2025

404 Presque Isle Ln Unit 404 Chapel Hill, NC 27514

2 Beds
2.5 Baths
1,718 Sq Ft
$440/mo HOA Fee

Recently Sold

$221 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Wood Flooring
  • Glenwood Elementary School Rated A
  • French Provincial Architecture
  • Whirlpool Bathtub

About This Home

As of December 2024

Off the beaten path in the middle of Chapel Hill. Convenient location minutes to UNC, Duke shopping and highways and public transportation. The complex has a relaxing feel with its grassed areas and benches; great for your morning coffee or just sitting with friends.

Last Agent to Sell the Property

michael Shulman

Preferred Realty Services LLC License #264203 Listed on: 09/13/2022

Last Buyer's Agent

Thomas Wiltberger

Compass -- Chapel Hill - Durham License #218008

Compass -- Chapel Hill - Durham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 2002

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • French Provincial Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 1,718 Sq Ft Home
  • 1.5-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Crawl Space
  • Laundry on upper level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Pool

  • In Ground Pool

Schools

  • Glenwood Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, trash, water
  • Cam Association, Phone Number (704) 565-5009
  • Presque Isle Villas Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,375

Year Built

Built in 2002

Lot Details

0

HOA Fees

$440 per month

Parking

1

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Trash, Water
  • Subdivision Name: Presque Isle Villas
  • Above Grade Finished Sq Ft: 1718.0
  • Architectural Style: French Province
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 506x563x219x470
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Bonus Room: Yes
  • Laundry Features Upper Level: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 704 565 5009
  • Levels One and One Half: Yes
  • Pool Features In Ground: Yes
  • Architectural Style French Province: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 1718.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 43.56
  • General Property Information Lot Size Acres: 0.001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Wood
  • Interior Amenities: High Ceilings, Kitchen/Dining Room Combination, Separate Shower, Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Interior Features:High Ceilings: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Construction Type: Stone
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 440.0
  • Association Fee Frequency: Monthly
  • Association Name: cam
  • Phone: 704-565-5009
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: cam
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 440.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Lot Info

  • Lot Dimensions: 506x563x219x470
  • Lot Size Sq Ft: 43.56
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4375.0
  • Tax Year: 2001

MLS Schools

  • Elementary School: CH/Carrboro - Glenwood

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
$448,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,866
Avg. Annual Appreciation
5.64%
Original Mortgage
$391,500
Outstanding Balance
$389,758
Interest Rate
5.45%
Mortgage Type
New Conventional
Estimated Equity
$58,558

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
$56,800
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
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 $435,000 None Listed On Document
Warranty Deed $435,000 None Listed On Document
Warranty Deed $385,000 --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $284,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,500 New Conventional
Closed $391,500 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $56,800 Credit Line Revolving
Previous Owner $227,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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

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Map

Source: Doorify MLS

MLS Number: 2473844

Doorify MLS

APN: 9890500795.021