SOLD DEC 6, 2024
RENTED JAN 27, 2025
404 Presque Isle Ln Unit 404 Chapel Hill, NC 27514
2
Beds
2.5
Baths
1,782
Sq Ft
$442/mo
HOA Fee
Highlights
- Fitness Center
- Outdoor Pool
- Clubhouse
- Glenwood Elementary School Rated A
- Craftsman Architecture
- Wood Flooring
About This Home
As of December 2024Come see this beautiful, freshly updated, spacious townhouse-style condo at Presque Isle Villas. 2 bedrooms + an office, 1-car garage, & an in-unit elevator! The updated kitchen features painted cabinetry, gorgeous white quartz countertops, new stainless streel appliances & designer tile backsplash. Other updates include new interior paint throughout, new carpet (upstairs), new window blinds, ceiling fans, built-ins in sitting room, new owner's closet system, and a new HVAC system (2023). Other features include a gas fireplace with mantle, hardwood floors throughout the main level, and a cozy rear covered porch overlooking the courtyard. Primary suite has sitting area and tray ceiling. This cozy community offers French provincial architecture, terrific common amenities like pool, fitness room, and clubhouse. Central location to all things Chapel Hill, Durham, and UNC.
Last Agent to Sell the Property
Compass -- Chapel Hill - Durham License #218008 Listed on: 09/14/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,993
Year Built
- Built in 2002 | Remodeled
HOA Fees
- $442 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- 2 Open Parking Spaces
- Parking Lot
- Off-Street Parking
Home Design
- Craftsman Architecture
- French Provincial Architecture
- Block Foundation
- Architectural Shingle Roof
- Stone Veneer
Interior Spaces
- 1,782 Sq Ft Home
- 2-Story Property
- Bookcases
- Tray Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Home Office
- Basement
- Crawl Space
- Laundry on upper level
Kitchen
- Gas Range
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Double Vanity
- Walk-in Shower
Outdoor Features
- Outdoor Pool
- Covered patio or porch
Schools
- Glenwood Elementary School
- Guy Phillips Middle School
- East Chapel Hill High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Two or More Common Walls
Listing and Financial Details
- Assessor Parcel Number 9890500795.021
Community Details
Overview
- Association fees include ground maintenance, maintenance structure, road maintenance
- Presque Isle Villas HOA, Phone Number (704) 565-5009
- Presque Isle Villas Subdivision
- Maintained Community
Amenities
- Clubhouse
- Party Room
Recreation
- Fitness Center
- Community Pool
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
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
Similar Homes in Chapel Hill, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Spencer Southern
S
Seller's Agent in 2025
Spencer Southern
Lisa Southern Real Estate
(919) 800-0880
1 Total Sale
-
Thomas Wiltberger
Seller's Agent in 2024
Thomas Wiltberger
Compass -- Chapel Hill - Durham
(919) 451-0740
133 Total Sales
-
Jason Dalton
Buyer's Agent in 2024
Jason Dalton
Keller Williams Realty
(919) 520-7067
216 Total Sales
-
Seller's Agent in 2022
michael Shulman
Preferred Realty Services LLC
(919) 428-3116
14 Total Sales
-
T
Buyer's Agent in 2022
Tom Wiltberger
Terra Nova Global Properties
Map
Source: Doorify MLS
MLS Number: 10052833
APN: 9890500795.021
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