NOT LISTED FOR SALE

505 S Merritt Mill Rd Chapel Hill, NC 27516

Outlying Carrboro Neighborhood

Estimated Value: $576,000 - $675,000

5 Beds
3 Baths
1,476 Sq Ft
$432/Sq Ft Est. Value

About This Home

This home is located at 505 S Merritt Mill Rd, Chapel Hill, NC 27516 and is currently estimated at $637,170, approximately $431 per square foot. 505 S Merritt Mill Rd is a home located in Orange County with nearby schools including Northside Elementary School, McDougle Middle School, and Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2019
Sold by
Davis W Kent and Garcia Velez Carlos
Bought by
Mandibella Llc
Current Estimated Value
$637,170

Purchase Details

Closed on
Nov 2, 2018
Sold by
Parsons Property Llc
Bought by
Davis W Kent and Garcia Velez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 5, 2018
Sold by
Majeed Burnie and Majeed Beulah Majeed
Bought by
Parson S Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 10, 2004
Sold by
Lee Darryl
Bought by
Majeed Burnie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Mandibella Llc -- None Available
Davis W Kent $450,000 None Available
Parson S Property Llc $250,000 None Available
Majeed Burnie $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parson S Property Llc $325,000
Previous Owner Majeed Burnie $157,325
Previous Owner Darryl $25,253
Previous Owner Darryl $16,326
Source: Public Records

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 $6,499 $378,500 $165,000 $213,500
2023 $6,323 $378,500 $165,000 $213,500
2022 $6,061 $378,500 $165,000 $213,500
2021 $5,984 $378,500 $165,000 $213,500
2020 $5,517 $326,600 $127,500 $199,100
2018 $0 $248,400 $127,500 $120,900
2017 $4,042 $248,400 $127,500 $120,900
2016 $4,042 $239,501 $102,861 $136,640
2015 $4,042 $239,501 $102,861 $136,640
2014 $3,998 $239,501 $102,861 $136,640
Source: Public Records

Map

North Carolina Orange County Chapel Hill 27516 Outlying Carrboro

505 S Merritt Mill Rd, Chapel Hill, NC

This home is located at 505 S Merritt Mill Rd, Chapel Hill, NC 27516 and is currently estimated at $637,170, approximately $431 per square foot. 505 S Merritt Mill Rd is a home located in Orange County with nearby schools including Northside Elementary School, McDougle Middle School, and Chapel Hill High School.

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