$435,000
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

Recently Sold

$244 Per Sq Ft

5% Below List Price

45 Days on Market

About This Home

As of December 2024

Come 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

Thomas Wiltberger

Compass -- Chapel Hill - Durham License #218008 Listed on: 09/14/2024

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Jason Dalton

Keller Williams Realty License #215303

Keller Williams Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,993

Year Built

2002

Lot Details

0

HOA Fees

$442 per month

Parking

1

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance
  • Subdivision Name: Presque Isle Villas
  • Above Grade Finished Sq Ft: 1782.0
  • Architectural Style: Craftsman, French Province
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Association Phone: 704-565-5009
  • Laundry Features Laundry Closet: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Architectural Style French Province: Yes
  • General Property Information Monthly Association Fees2: 442.0
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 1782.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Roof Architectural Shingle: Yes
  • Utilities Natural Gas Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Double Vanity, Elevator, Entrance Foyer, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Gas Range
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Community Features:Fitness Center2: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Community Features:Clubhouse2: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Stone Counters: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Disclosures: Seller Disclosure
  • Common Walls: 2+ Common Walls
  • Construction Type: Fiber Cement, Stone Veneer
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Insulated Windows: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • Construction Materials:Stone Veneer: Yes
  • Window Features:Window Treatments: Yes
  • Pool Features:Outdoor Pool: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Asphalt, Detached, Garage, Off Street, Parking Lot
  • Total Parking Spaces: 3.0
  • Parking Features:Garage: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Other Structures:Garage(s): Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool
  • Association Fee: 442.0
  • Association Fee Frequency: Monthly
  • Association Name: Presque Isle Villas HOA
  • Phone: 704-565-5009
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Presque Isle Villas HOA
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Landscaping: Yes
  • Pool Features:Association: Yes
  • Association Amenities:Party Room: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 442.0
  • Association Amenities:Maintenance: Yes
  • 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

  • Zoning: res
  • Parcel #: 9890500795.021

Tax Info

  • Tax Annual Amount: 4993.0
  • Tax Year: 2024

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
$467,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,120
Avg. Annual Appreciation
4.67%
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: 10052833

Doorify MLS

APN: 9890500795.021