$161,777
SOLD OCT 25, 2024

5 Shepherd Ln Unit Bldg A Chapel Hill, NC 27514

2 Beds
1 Bath
780 Sq Ft
$240/mo HOA Fee

Recently Sold

$207 Per Sq Ft

9% Below List Price

29 Days on Market

Highlights

  • Traditional Architecture
  • Quartz Countertops
  • Bathtub with Shower
  • Rashkis Elementary School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 1-minute walk to Chapel Hill Community Park

About This Home

As of October 2024

Welcome to this charming second-story condo, perfectly positioned just minutes from downtown Chapel Hill! Featuring 2 spacious bedrooms and 1 modern bath, this unit is bathed in natural light and boasts updated flooring and contemporary light fixtures throughout. The kitchen has sleek new countertops, a fresh sink, and a brand-new dishwasher, complemented by ample cabinet space for all your storage needs. Both bedrooms are generously sized and equipped with new ceiling fans for added comfort. The bathroom has been recently renovated with a stylish new vanity. This condo is an excellent rental opportunity in a sought-after location, offering a blend of modern updates and convenience. Don't miss out on this move-in-ready gem!

Last Agent to Sell the Property

Tiffany Williamson

Navigate Realty License #279179 Listed on: 08/29/2024

Co-Listed By

Sudhir Talwar

Navigate Realty License #332641

Last Buyer's Agent

Philip Kennedy

Atomic Properties LLC License #260750

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1967

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Basement
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space
  • 1 Open Parking Space
  • Parking Lot
  • Assigned Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9799017509.005

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, road maintenance, sewer, trash, water
  • Shepherd Lane HOA
  • Shepherd Lane Condos Subdivision
  • Maintained Community

Amenities

  • Trash Chute

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,308

Year Built

Built in 1967

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Year Built: 1967
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Trash, Water
  • Co List Office Mls Id: 75412
  • Co List Office Phone: 910-707-4321
  • Subdivision Name: Shepherd Lane Condos
  • Above Grade Finished Sq Ft: 780.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • General Property Information Association Phone: --
  • Laundry Features Laundry Closet: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 239.62
  • Roof:Shingle: Yes
  • Cooling Wall Unit(s): Yes
  • General Property Information Above Grade Finished Area: 780.0
  • General Property Information Stories2: 1
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Quartz Counters
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Other
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 1.0
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Baseboard, Electric, Other
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 239.62
  • Association Fee Frequency: Monthly
  • Association Name: Shepherd Lane HOA
  • Phone: --
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Shepherd Lane HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Amenities:Trash: Yes
  • Association Amenities:Water: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 239.62
  • 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

  • Parcel #: 9799017509.005

Tax Info

  • Tax Annual Amount: 1308.32
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 16, 2024
Sold by
Maccabees Llc
Bought by
Pnw Realtor Team Llc
Seller's Agent
Tiffany Williamson
Navigate Realty
Buyer's Agent
Philip Kennedy
Atomic Properties LLC
List Price
$177,777
Sold Price
$161,777
Premium/Discount to List
-$16,000
-9%
Views
26
Current Estimated Value
$168,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,818
Avg. Annual Appreciation
4.39%
Original Mortgage
$103,306
Outstanding Balance
$102,189
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$66,406

Purchase Details

Closed on
Dec 13, 2017
Sold by
Szalem Llc
Bought by
Maccabees Llc

Purchase Details

Closed on
Aug 2, 2013
Sold by
Jaroszewski Abraham J and Jaroszewski Samantha
Bought by
Szalem Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Evans Elizabeth and Evans Mark
Bought by
Szalem Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 12, 2009
Sold by
Szalem Llc
Bought by
Jaroszewski Abraham J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 4, 2004
Sold by
L Short Llc
Bought by
Evans Mark D and Evans Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Cam Associates
Bought by
L Short Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
7.02%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $162,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $82,000 None Available
Warranty Deed $82,000 None Available
Warranty Deed $780,000 --
Warranty Deed $1,110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $103,306 New Conventional
Previous Owner $82,000 Seller Take Back
Previous Owner $580,000 Purchase Money Mortgage
Previous Owner $888,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $161,777 -9.0% $207 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $177,777 -- $228 / 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 $2,311 $163,200 $0 $163,200
2024 $1,550 $81,500 $0 $81,500
2023 $1,515 $81,500 $0 $81,500
2022 $1,459 $81,500 $0 $81,500
2021 $1,442 $81,500 $0 $81,500
2020 $1,348 $70,700 $0 $70,700
2018 $1,309 $70,700 $0 $70,700
2017 $1,475 $70,700 $0 $70,700
2016 $1,475 $81,976 $40,995 $40,981
2015 $1,475 $81,976 $40,995 $40,981
2014 $1,417 $81,976 $40,995 $40,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10049597

Doorify MLS

APN: 9799017509.005