NOT LISTED FOR SALE

501 Bear Tree Creek Chapel Hill, NC 27517

The Preserve at Jordan Lake Neighborhood

Estimated Value: $778,184 - $856,000

4 Beds
2.5 Baths
3,070 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $580,000 $189 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,943/month

21 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Finished Room Over Garage
  • North Chatham Elementary School Rated A-
  • Tennis Courts
  • Clubhouse

About This Home

As of June 2021

This is an amazing property in an outstanding community. All brick with an open floor plan, move in ready w/4 BDRMs on the main level. Stone fireplace and mantle with many updates. Refinished kitchen cabinets, granite countertops & main floor laundry room. Bio-drain & inso crawl space. Outdoor irrigation, Flagstaff patio w/built-in grill. Upstairs bonus room over garage, hardwood floors, crown mold & many more great features. Country Club living within 30 miles of RDU. Quiet and upscaled!

Last Agent to Sell the Property

Jon Heath

Compass -- Cary License #284618 Listed on: 04/05/2021

Compass -- Cary

Last Buyer's Agent

Jon Heath

Keller Williams Realty Cary

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.42 Acre Lot
  • Fenced Yard
  • Irrigation Equipment
  • Landscaped with Trees

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Finished Room Over Garage
  • Garage Door Opener

Home Design

  • 1.5-Story Property
  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,070 Sq Ft Home
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Breakfast Room
  • Bonus Room
  • Utility Room
  • Laundry on main level
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Indoor Grill
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Private Water Closet
  • Soaking Tub
  • Shower Only
  • Walk-in Shower

Attic

  • Attic Fan
  • Attic Floors
  • Unfinished Attic

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Outdoor Gas Grill
  • Rain Gutters

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Community Sewer or Septic
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Cas Chapel Hill/Durham Association
  • The Preserve At Jordan Lake Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Year Built: 2004
  • Prop. Type: Residential
  • Subdivision Name: The Preserve at Jordan Lake
  • Above Grade Finished Sq Ft: 3070.0
  • Architectural Style: Ranch, Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 18295
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Attic Fan: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Interior Features Dining L: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Other Equipment Satellite Dish: Yes
  • Utilities Cable Available: Yes
  • Levels One and One Half: Yes
  • Interior Features Room Over Garage: Yes
  • Attic Features Unfinished2: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Room Types Mud Room: Yes
  • Sewer Community Sewer: Yes
  • General Property Information Above Grade Finished Area: 3070.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 18295.2
  • General Property Information Lot Size Acres: 0.42
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Dining L, Entrance Foyer, Granite Counters, High Ceilings, In-Law Floorplan, Pantry, Primary Downstairs, Room Over Garage, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Attic Features:Floored: Yes
  • Appliances:Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Golf: Yes
  • Appliances:Indoor Grill: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Gas Grill, Rain Gutters, Tennis Court(s)
  • Acres: 0.42
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Covered, Patio, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Skylight(s): Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Exterior Features:Gas Grill: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Hot Water, Natural Gas, Zoned
  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf, Street Lights
  • Association Fee: 550.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: CAS - Chapel Hill/Durham
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS - Chapel Hill/Durham
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 550.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Lot Dimensions: 18295
  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 377624.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 24, 2021
Sold by
Prack Arthur E and Prack Lyda E
Bought by
Harris John Malcolm and Hardacre Maryann Sedmak
Seller's Agent
Jon Heath
Compass -- Cary
Buyer's Agent
Jon Heath
Compass -- Cary
List Price
$560,000
Sold Price
$580,000
Premium/Discount to List
$20,000
3.57%
Current Estimated Value
$830,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,296
Avg. Annual Appreciation
8.73%
Original Mortgage
$518,305
Outstanding Balance
$474,340
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$350,802

Purchase Details

Closed on
Apr 17, 2017
Sold by
Sandell Richard A and Sandell Carole K
Bought by
Prack Arthur E and Prack Lyda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,151
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Sep 8, 2014
Sold by
Everhart James J and Everhart Michelle M
Bought by
Sandell Richard A and Sandell Carole K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Mabrey Thomas J and Siegert Elisabeth A
Bought by
Everhart James J and Everhart Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.77%
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
Harris John Malcolm $580,000 None Available
Prack Arthur E $490,000 Attorney
Sandell Richard A $435,000 None Available
Everhart James J $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris John Malcolm $518,305
Previous Owner Prack Arthur E $489,151
Previous Owner Sandell Richard A $348,000
Previous Owner Everhart James J $80,000
Previous Owner Everhart James J $296,500
Previous Owner Everhart James J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $580,000 -- --
06/11/2021 06/11/21 Sold $580,000 +3.6% $189 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $560,000 -3.4% $182 / Sq Ft
04/10/2021 04/10/21 Off Market $580,000 -- --
04/10/2021 04/10/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $560,000 -- $182 / 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 $3,918 $443,231 $106,725 $336,506
2023 $3,918 $443,231 $106,725 $336,506
2022 $3,596 $443,231 $106,725 $336,506
2021 $3,551 $443,231 $106,725 $336,506
2020 $3,776 $469,311 $100,000 $369,311
2019 $3,776 $469,311 $100,000 $369,311
2018 $3,597 $469,311 $100,000 $369,311
2017 $3,597 $479,512 $100,000 $379,512
2016 $3,624 $479,512 $100,000 $379,512
2015 $3,567 $479,512 $100,000 $379,512
2014 -- $479,512 $100,000 $379,512
2013 -- $479,512 $100,000 $379,512
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jon Heath

    Compass -- Cary

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Map

Source: Doorify MLS

MLS Number: 2375893

Doorify MLS

APN: 77296

North Carolina Chatham County Chapel Hill 27517 The Preserve at Jordan Lake

501 Bear Tree Creek, Chapel Hill, NC

This home is located at 501 Bear Tree Creek, Chapel Hill, NC 27517 since 05 April 2021 and is currently estimated at $830,296, approximately $270 per square foot. This property was built in 2004. 501 Bear Tree Creek is a home located in Chatham County with nearby schools including North Chatham Elementary School and Margaret B. Pollard Middle School.

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