NOT LISTED FOR SALE

406 Lakeshore Ln Chapel Hill, NC 27514

Estimated Value: $1,429,000 - $1,619,000

4 Beds
2.5 Baths
4,135 Sq Ft
$368/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $1,360,000 $329 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,606/month

23 Days on Market

Highlights

  • Sandy Beach
  • In Ground Pool
  • Cathedral Ceiling
  • Estes Hills Elementary School Rated A
  • Sauna
  • Wood Flooring

About This Home

As of May 2023

A modernist masterpiece! Blocks from Eastwood Lake, in the heart of Chapel Hill. Exquisite style and location, reconstructed with the utmost quality, creating stunning room after stunning room, done with the precision of a surgeon. Warm wood ceilings, floors & built ins ground palatial living rooms with walls of windows that stream in natural light. Designed to the minute detail, each space upgraded for absolute luxury & comfort. A kitchen with every bell & whistle; Subzero fridge & freezer, Miele cook top with steam oven & built-in espresso machine, solid marble, quartzite, custom cabinets & more. Bathrooms are better than a 5-star spa; full size dry sauna, shower room with steam sauna, jetted tub, marble countertops, windows and extraordinary light. Pool, hot tub, fenced yard & landscape curated as much as the exceptional interior. More than a home, this property is a lifestyle by design. Enjoy lake privileges with volunteer HOA, sandy beach only blocks away. Walk to Whole Foods & restaurants, convenient to UNC/Downtown, Duke/Durham and I-40 for anywhere in the Triangle. An embellished modernist dream!

Last Agent to Sell the Property

Alexis Rudolph

Chapel Hill Realty Group, Inc. License #264843 Listed on: 03/16/2023

Last Buyer's Agent

Wendy tanson

Nest Realty of the Triangle License #208494

Nest Realty of the Triangle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,265

Year Built

  • Built in 1970

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 198x175x181x160
  • Sandy Beach
  • Landscaped
  • Irrigation Equipment

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Modernist Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 4,135 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Living Room with Fireplace
  • Sun or Florida Room
  • Sauna
  • Crawl Space
  • Laundry on main level

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Brick
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Shower Only
  • Walk-in Shower

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • No Personal Watercraft
  • Patio

Schools

  • Estes Hills Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Water Purifier
  • Water Softener

Community Details

  • Association fees include water
  • Lake Forest Association
  • Lake Forest Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,265

Year Built

Built in 1970

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Year Built: 1970
  • Prop. Type: Residential
  • Reso Association Fee Includes: Water
  • Subdivision Name: Lake Forest Estates
  • Above Grade Finished Sq Ft: 4135.0
  • Architectural Style: Modernist
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 609.0
  • General Property Information Total Unfinished Area2: 609.0
  • General Property Information Lot Size Dimensions: 198x175x181x160
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Wall Oven: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Water Source Well: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • Architectural Style Modernist: Yes
  • Water Softeners: Yes
  • Pool Features In Ground: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Lot Water Features Beach Sandy: Yes
  • General Property Information Spa YN: Yes
  • Flooring Slate: Yes
  • General Property Information Above Grade Finished Area: 4135.0
  • General Property Information Carport YN: No
  • Flooring Brick2: Yes
  • Spa Features Private5: Yes
  • General Property Information Lot Size Square Feet2: 32670.0
  • Lot Water Features No Motor Watercraft: Yes
  • General Property Information Lot Size Acres: 0.75
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Brick, Hardwood, Slate, Tile
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Double Vanity, High Ceilings, Sauna, Shower Only, Soaking Tub, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Spa Features: Private
  • Private Spa: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Gas Water Heater, Plumbed For Ice Maker, Wall Oven, Warming Drawer, Water Purifier, Water Softener
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Double Vanity: 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:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Water Purifier: Yes
  • Appliances:Warming Drawer: Yes
  • Interior Features:Sauna2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.75
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Lot Features:Landscaped: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Natural Gas
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Forest Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Forest Association
  • Association Fee Includes:Water2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 450.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 198x175x181x160
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13265.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 4, 2023
Sold by
Christensen Frank H
Bought by
Posner Beth S
Seller's Agent
Alexis Rudolph
Chapel Hill Realty Group, Inc.
Buyer's Agent
Wendy tanson
Nest Realty of the Triangle
List Price
$1,390,000
Sold Price
$1,360,000
Premium/Discount to List
-$30,000
-2.16%
Views
92
Current Estimated Value
$1,521,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,740
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
Apr 22, 2011
Sold by
Christensen Dianne Lydia Haigler
Bought by
Christensen Frank H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
4.79%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Posner Beth S $1,360,000 None Listed On Document
Christensen Frank H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen $411,000
Previous Owner Christensen Frank H $281,900
Previous Owner Christensen $435,000
Previous Owner Christensen $288,271
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $1,360,000 -- --
05/05/2023 05/05/23 Sold $1,360,000 -2.2% $329 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,390,000 -- $336 / 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 $14,830 $863,500 $170,000 $693,500
2023 $14,423 $863,500 $170,000 $693,500
2022 $13,827 $863,500 $170,000 $693,500
2021 $11,675 $737,800 $170,000 $567,800
2020 $11,362 $673,600 $150,000 $523,600
2018 $11,098 $673,600 $150,000 $523,600
2017 $11,005 $673,600 $150,000 $523,600
2016 $11,005 $660,500 $157,200 $503,300
2015 $11,005 $660,500 $157,200 $503,300
2014 $9,285 $557,013 $157,170 $399,843
Source: Public Records

Agents Affiliated with this Home

  • Alexis Rudolph

    Seller's Agent in 2023

    Alexis Rudolph

    Chapel Hill Realty Group, Inc.

    (919) 428-3160

    80 Total Sales

    Section Image

  • W

    Buyer's Agent in 2023

    Wendy tanson

    Nest Realty of the Triangle

    (919) 971-7180

    224 Total Sales

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Map

Source: Doorify MLS

MLS Number: 2500027

Doorify MLS

APN: 9890103297

North Carolina Orange County Chapel Hill 27514

406 Lakeshore Ln, Chapel Hill, NC

This home is located at 406 Lakeshore Ln, Chapel Hill, NC 27514 since 16 March 2023 and is currently estimated at $1,521,740, approximately $368 per square foot. This property was built in 1970. 406 Lakeshore Ln is a home located in Orange County with nearby schools including Estes Hills Elementary School, Phillips Middle School, and East Chapel Hill High School.

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