NOT LISTED FOR SALE

503 N Estes Dr Chapel Hill, NC 27514

Estimated Value: $617,000 - $816,000

3 Beds
4 Baths
2,525 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $565,000 $224 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,586/month

79 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Estes Hills Elementary School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2022

All brick ranch at an incredible location; Lots of natural light; Hardwood floor throughout; Newly renovated spacious kitchen; 2 Large rooms and updated bath on upper level; Smooth ceiling; Screen porch; Huge flat yard with lots of flowers including a rose garden; Tons of storage in unfinished basement; Roof, HVAC, heating, water heater all less than 3 years old; Walking distance to restaurants, library, elementary and middle schools, On busline to UNC;

Last Agent to Sell the Property

Yang Yuan

CHK Realty License #276407 Listed on: 02/19/2022

CHK Realty

Last Buyer's Agent

Yang Yuan

CHK Realty License #276407 Listed on: 02/19/2022

CHK Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,404

Year Built

  • Built in 1966

Lot Details

  • 0.42 Acre Lot

Parking

  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,525 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Breakfast Room
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Estes Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,404

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • Prop. Type: Residential
  • Subdivision Name: Estes Hills
  • Above Grade Finished Sq Ft: 2525.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 1799.0
  • General Property Information Total Unfinished Area2: 1799.0
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Breakfast Room: Yes
  • Laundry Features In Basement: Yes
  • General Property Information Above Grade Finished Area: 2525.0
  • General Property Information Carport YN: No
  • General Property Information Carport Spaces2: 2.0
  • 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: Hardwood
  • Basement: Unfinished
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances:Gas Water Heater: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.42
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Parking Features:Carport: Yes

Utilities

  • Heating: Baseboard, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7404.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
May 30, 2022
Sold by
Chen Yongming
Bought by
Xiong Boyuan and Li Xlaomei
Seller's Agent
Yang Yuan
CHK Realty
Buyer's Agent
Yang Yuan
CHK Realty
List Price
$618,000
Sold Price
$565,000
Premium/Discount to List
-$53,000
-8.58%
Current Estimated Value
$719,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,504
Avg. Annual Appreciation
7.65%
Original Mortgage
$367,200
Outstanding Balance
$307,538
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$411,966

Purchase Details

Closed on
Mar 11, 2019
Sold by
All Star Financial Llc
Bought by
Chen Yongming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2018
Sold by
Gates Linda H
Bought by
All Star Financial Llc

Purchase Details

Closed on
Jul 31, 2018
Sold by
Tiller Sarah Katherine
Bought by
All Star Financial Llc

Purchase Details

Closed on
Jun 22, 1995
Bought by
Tiller
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Xiong Boyuan $565,000 None Listed On Document
Chen Yongming $249,000 None Available
All Star Financial Llc -- None Available
All Star Financial Llc $50,000 None Available
All Star Financial Llc $50,000 None Available
Tiller $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiong Boyuan $367,200
Previous Owner Chen Yongming $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $565,000 -- --
06/28/2022 06/28/22 Sold $565,000 -8.6% $224 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $618,000 +9.4% $245 / Sq Ft
02/28/2022 02/28/22 Off Market $565,000 -- --
02/23/2022 02/23/22 Price Changed $618,000 -4.6% $245 / Sq Ft
02/18/2022 02/18/22 For Sale $648,000 -- $257 / 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 $9,383 $703,100 $350,000 $353,100
2024 $8,481 $494,200 $162,800 $331,400
2023 $8,250 $494,200 $162,800 $331,400
2022 $7,500 $467,600 $162,800 $304,800
2021 $7,404 $467,600 $162,800 $304,800
2020 $7,485 $444,200 $162,800 $281,400
2018 $6,811 $412,500 $162,800 $249,700
2017 $5,640 $412,500 $162,800 $249,700
2016 $5,640 $335,429 $109,618 $225,811
2015 $5,640 $335,429 $109,618 $225,811
2014 -- $335,429 $109,618 $225,811
Source: Public Records

Agents Affiliated with this Home

  • Yang Yuan

    Seller's Agent in 2022

    Yang Yuan

    CHK Realty

    (919) 370-2522

    127 Total Sales

    Yang Yuan
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Map

Source: Doorify MLS

MLS Number: 2432304

Doorify MLS

APN: 9789658084

North Carolina Orange County Chapel Hill 27514

503 N Estes Dr, Chapel Hill, NC

This home is located at 503 N Estes Dr, Chapel Hill, NC 27514 since 19 February 2022 and is currently estimated at $719,504, approximately $284 per square foot. This property was built in 1966. 503 N Estes Dr is a home located in Orange County with nearby schools including Estes Hills Elementary School, Phillips Middle School, and East Chapel Hill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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