N
Seller's Agent in 2022
Nancy McKenzie
Berkshire Hathaway HomeService
502 Dogwood Dr Chapel Hill, NC 27516
West Chapel Hill Historic District NeighborhoodEstimated Value: $1,495,000 - $2,001,631
5
Beds
3.5
Baths
3,461
Sq Ft
$505/Sq Ft
Est. Value
Highlights
- Private Pool
- Sauna
- 3.24 Acre Lot
- Smith Middle School Rated A
- The property is located in a historic district
- 3-minute walk to Westwood Park
About This Home
As of March 2022Rare opportunity! 3+ secluded acres just a few hundred yards off UNC's campus in historic Westwood. A charming 1940’s bungalow on a park-like lot with a rambling creek, stately trees, mature boxwoods, plus formal gardens. Relax by the pool, hike/bike the trails just out the back door, then enjoy a quiet dinner on the screened porch. Very private yet steps to downtown CH’s restaurants, shops, and UNC's sporting venues. An impressive property awaits its new owners for renovation into their dream home.
Last Agent to Sell the Property
Nancy McKenzie
Berkshire Hathaway HomeService License #159665 Listed on: 09/15/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,197
Year Built
- Built in 1942
Lot Details
- 3.24 Acre Lot
- Lot Dimensions are 32x209x376x419x289x39x241x74x65x209
- Secluded Lot
- Cleared Lot
- Wooded Lot
- Landscaped with Trees
Home Design
- Traditional Architecture
- Brick Foundation
- Block Foundation
- Asbestos
Interior Spaces
- 1.5-Story Property
- Cathedral Ceiling
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Screened Porch
- Sauna
- Granite Countertops
- Home Gym
- Fire and Smoke Detector
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Shower Only
- Walk-in Shower
Finished Basement
- Heated Basement
- Exterior Basement Entry
- Apartment Living Space in Basement
- Laundry in Basement
- Crawl Space
Parking
- Attached Garage
- 3 Carport Spaces
- Private Driveway
Outdoor Features
- Private Pool
- Deck
- Patio
- Rain Gutters
Location
- The property is located in a historic district
Schools
- Carrboro Elementary School
- Smith Middle School
- East Chapel Hill High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Forest Hills Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 1, 2023
Sold by
Sullivan Jane Bowen
Bought by
Timothy Sullivan Revocable Trust and Sullivan
Current Estimated Value
Purchase Details
Listed on
Sep 15, 2021
Closed on
Mar 1, 2022
Sold by
Jay Winans Timothy
Bought by
Sullivan Jane Bowen
Seller's Agent
Nancy McKenzie
Berkshire Hathaway HomeService
Buyer's Agent
Shannon Kennedy
Hodge & Kittrell Sotheby's International Realty
List Price
$2,150,000
Sold Price
$2,150,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.79%
Purchase Details
Closed on
Apr 30, 2003
Sold by
Alexander Sydenham B
Bought by
Winans Timothy Jay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,400
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Timothy Sullivan Revocable Trust | -- | None Listed On Document | |
| Sullivan Jane Bowen | $2,050,000 | Brown & Bunch Pllc | |
| Winans Timothy Jay | $498,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Winans Timothy Jay | $145,000 | |
| Previous Owner | Jaywinans Timothy | $510,400 | |
| Previous Owner | Winans Timothy Jay | $287,000 | |
| Previous Owner | Jay Timothy | $387,500 | |
| Previous Owner | Jay Timothy J | $310,000 | |
| Previous Owner | Winans Timothy Jay | $100,000 | |
| Previous Owner | Winans Timothy Jay | $398,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Off Market | $2,150,000 | -- | -- |
| 03/01/2022 03/01/22 | Sold | $2,150,000 | 0.0% | $621 / Sq Ft |
| 12/20/2021 12/20/21 | Pending | -- | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $2,150,000 | -- | $621 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $9,997 | $560,500 | $438,800 | $121,700 |
| 2023 | $7,781 | $438,800 | $438,800 | $0 |
| 2022 | $14,172 | $874,600 | $438,800 | $435,800 |
| 2021 | $13,993 | $874,600 | $438,800 | $435,800 |
| 2020 | $13,197 | $772,200 | $369,700 | $402,500 |
| 2018 | $12,881 | $772,200 | $369,700 | $402,500 |
| 2017 | $13,644 | $772,200 | $369,700 | $402,500 |
| 2016 | $13,644 | $813,000 | $453,500 | $359,500 |
| 2015 | $13,873 | $827,200 | $453,500 | $373,700 |
| 2014 | $13,710 | $827,200 | $453,500 | $373,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Shannon Kennedy
Buyer's Agent in 2022
Shannon Kennedy
Hodge & Kittrell Sotheby's International Realty
(919) 448-6664
1 in this area
42 Total Sales
Map
Source: Doorify MLS
MLS Number: 2408106
APN: 9788135268
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