NOT LISTED FOR SALE

408 Presque Isle Ln Unit 408 Chapel Hill, NC 27514

Estimated Value: $333,000 - $405,000

2 Beds
2 Baths
1,261 Sq Ft
$291/mo HOA Fee

Last Sold August 25, 2021

Last sale price $270,000 $214 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,634/month

3 Days on Market

Highlights

  • Clubhouse
  • French Provincial Architecture
  • Wood Flooring
  • Glenwood Elementary School Rated A
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of August 2021

Meticulous maintained End Unit Condo*2 Bedroom/2 Full Bath*Hardwoods throughout Living Area w/ new Carpet in Bedrooms*2-story Entrance*Dining Room opens to private Balcony*Kitchen has new Gas Stove, Bar Height Island, and tons of Countertop Space*Family Room has built-in TV area & Bookcases*Master Bedroom has Sitting Area & large Walk-In Closet*Garage is deep & can be used for Storage*New Water Heater*Enjoy the Clubhouse w/ Pool & Exercise Room*Home already has a renter for a year, 7.23.01-7.26.22!

Last Agent to Sell the Property

Jennifer Williams

Coldwell Banker Advantage License #260522 Listed on: 07/14/2021

Coldwell Banker Advantage

Last Buyer's Agent

Scott Wang

Triangle Realty Direct License #237975

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 2002

Lot Details

  • End Unit

HOA Fees

  • $291 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Parking Lot

Home Design

  • French Provincial Architecture
  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Stone

Interior Spaces

  • 1,261 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, trash
  • Community Asscociation Association
  • Presque Isle Villas Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,784

Year Built

Built in 2002

Lot Details

0

HOA Fees

$291 per month

Parking

1

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: Presque Isle Villas
  • Above Grade Finished Sq Ft: 1261.0
  • Architectural Style: French Provincial, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: irr
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Common Walls End Unit: Yes
  • Architectural Style French Province: Yes
  • General Property Information Above Grade Finished Area: 1261.0
  • General Property Information Carport YN: No
  • General Property Information:Living Area3: 1261.0
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Pantry, Shower Only, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Whirlpool Tub
  • Appliances: Dishwasher, Gas Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • 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:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Common Walls: End Unit
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Garage Faces Front, Parking Lot
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 290.56
  • Association Fee Frequency: Monthly
  • Association Name: Community Asscociation
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Community Asscociation
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 290.56
  • 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: irr

Tax Info

  • Tax Annual Amount: 3784.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: CH/Carrboro - Glenwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 16, 2021
Sold by
Sam And Joel Llc
Bought by
Li Zhen and Hu Hao
Seller's Agent
Jennifer Williams
Coldwell Banker Advantage
Buyer's Agent
Scott Wang
Triangle Realty Direct
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Current Estimated Value
$368,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,763
Avg. Annual Appreciation
7.34%
Original Mortgage
$202,500
Outstanding Balance
$153,812
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$214,951

Purchase Details

Closed on
Jun 30, 2008
Sold by
Luttrell Karen Burke
Bought by
Sam & Joel Llc

Purchase Details

Closed on
May 18, 2005
Sold by
Lutterll Karen Burke
Bought by
Karen Burke Luttrell Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 2002
Sold by
Ard Group Inc
Bought by
Meldrum Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Li Zhen $270,000 None Available
Sam & Joel Llc $250,500 None Available
Karen Burke Luttrell Revocable Trust -- --
Luttrell Karen Burke $223,000 --
Meldrum Cynthia A $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zhen $202,500
Previous Owner Luttrell Karen Burke $178,400
Previous Owner Meldrum Cynthia A $150,000
Closed Luttrell Karen Burke $33,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $270,000 -- --
08/25/2021 08/25/21 Sold $270,000 +3.8% $214 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $260,000 -- $206 / 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 $4,974 $368,600 $0 $368,600
2024 $4,431 $254,700 $0 $254,700
2023 $4,314 $254,700 $0 $254,700
2022 $4,138 $254,700 $0 $254,700
2021 $4,085 $254,700 $0 $254,700
2020 $4,009 $234,500 $0 $234,500
2018 $1,314 $234,500 $0 $234,500
2017 $2,499 $234,500 $0 $234,500
2016 $3,799 $225,409 $47,543 $177,866
2015 $3,799 $225,409 $47,543 $177,866
2014 $1,840 $225,409 $47,543 $177,866
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Williams

    Seller's Agent in 2021

    Jennifer Williams

    Coldwell Banker Advantage

    (919) 619-6300

    93 Total Sales

    Jennifer Williams
    Section Image

  • S

    Buyer's Agent in 2021

    Scott Wang

    Triangle Realty Direct

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2395750

Doorify MLS

APN: 9890500795.025

North Carolina Orange County Chapel Hill 27514

408 Presque Isle Ln Unit 408, Chapel Hill, NC

Not Listed for Sale

Condos

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