NOT LISTED FOR SALE

509 Red Bud Rd Chapel Hill, NC 27514

Estimated Value: $951,026 - $1,214,000

5 Beds
3.5 Baths
2,841 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $725,000 $255 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,457/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Estes Hills Elementary School Rated A
  • Bamboo Flooring
  • Granite Countertops

About This Home

As of June 2021

What a find! Gorgeous home on picturesque .75 acre lot in Lake Forest! Renovated 2017. Gracious entry, LR w/built-ins & window seat. Upscale kitchen granite & appl, double ovens, walk-in pantry. Main level MBR, 4 BRs up, one w/built-ins makes a great study. 3.5 ba. Sweet screened porch, brick patio, lovely setting. Garage stg/workspace. Updates 2017-2020 incl. both HVACs, roof, elec panel boxes, flooring, exterior paint, Hardiplank, fencing w/dog run. Dues $350/yr Eastwood Lake & Park. 60 day closing pref

Last Agent to Sell the Property

Susan Hertz

Berkshire Hathaway HomeService License #173720 Listed on: 04/08/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Marcia Vaughn

Long & Foster Real Estate INC License #301179

Long & Foster Real Estate INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,803

Year Built

  • Built in 1967

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 136x173x187x255
  • Fenced Yard
  • Landscaped with Trees

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,841 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Lake Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,803

Year Built

Built in 1967

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Year Built: 1967
  • Prop. Type: Residential
  • Subdivision Name: Lake Forest
  • Above Grade Finished Sq Ft: 2841.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 753.0
  • General Property Information Total Unfinished Area2: 753.0
  • General Property Information Lot Size Dimensions: 136x173x187x255
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Bamboo: Yes
  • General Property Information Above Grade Finished Area: 2841.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 32670.0
  • General Property Information Lot Size Acres: 0.75
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Bamboo, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Cathedral Ceiling(s), Entrance Foyer, Granite Counters, Pantry, Primary Downstairs, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: 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
  • Fireplace Features:Family Room: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.75
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 350.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 136x173x187x255
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8803.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 27, 2021
Sold by
Starr Brian Michael and Starr Rosemarry R
Bought by
Symonds Ann Elizabeth and Lorsch Zachary Spencer
Seller's Agent
Susan Hertz
Berkshire Hathaway HomeService
Buyer's Agent
Marcia Vaughn
Long & Foster Real Estate INC
List Price
$650,000
Sold Price
$725,000
Premium/Discount to List
$75,000
11.54%
Current Estimated Value
$1,051,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,757
Avg. Annual Appreciation
8.97%
Original Mortgage
$652,500
Outstanding Balance
$590,757
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$461,000

Purchase Details

Closed on
Jan 25, 2019
Sold by
Blue Bear Properties Llc
Bought by
Starr Brian M and Starr Rosemary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2016
Sold by
Manning Betty B
Bought by
Blue Bear Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 1996
Bought by
Manning
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Symonds Ann Elizabeth $652,500 None Available
Starr Brian M $559,000 None Available
Blue Bear Properties $275,000 None Available
Manning $272,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Symonds Ann Elizabeth $652,500
Previous Owner Starr Brian M $559,000
Previous Owner Blue Bear Properties $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $725,000 -- --
06/08/2021 06/08/21 Sold $725,000 +11.5% $255 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $650,000 -- $229 / 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 $9,959 $585,700 $170,000 $415,700
2023 $9,684 $585,700 $170,000 $415,700
2022 $9,279 $585,700 $170,000 $415,700
2021 $8,685 $554,400 $170,000 $384,400
2020 $9,085 $545,500 $150,000 $395,500
2018 $8,280 $507,500 $150,000 $357,500
2017 $8,272 $507,500 $150,000 $357,500
2016 $8,272 $500,521 $160,704 $339,817
2015 $8,272 $500,521 $160,704 $339,817
2014 $8,226 $500,521 $160,704 $339,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2376542

Doorify MLS

APN: 9890111153