NOT LISTED FOR SALE

550 Wilkinson Creek Ln Chapel Hill, NC 27516

Estimated Value: $902,000 - $1,371,000

3 Beds
2.5 Baths
3,226 Sq Ft
$369/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $1,202,750 $373 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,863/month

4 Days on Market

Highlights

  • In Ground Pool
  • 11 Acre Lot
  • Vaulted Ceiling
  • Margaret B. Pollard Middle School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of April 2022

Extremely RARE Chapel Hill modern victorian farmhouse designed by Knox Tate w/ luxury pool minutes to Triangle and UNC hospital. Rich in upscale craftsmanship marked by the maple hardwood floors, hand hewn radiata pine doors, TN Stone hearth, custom maple & cherry cabinetry by Cassedy&Fahrbach w/ birds eye maple stools signed by David Scott. Detached garage w/ unfin. walk up 2nd story ready for your vision. Roof 2019, Sealed Crawl, Exterior paint 2021. Your fairytale awaits on 11 imaginative acres!

Last Agent to Sell the Property

Natalie Marrone

Keller Williams Elite Realty License #289090 Listed on: 03/17/2022

Keller Williams Elite Realty

Last Buyer's Agent

Joel Sivertsen

Keller Williams Realty United License #291927

Keller Williams Realty United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,747

Year Built

  • Built in 2001

Lot Details

  • 11 Acre Lot
  • Lot Dimensions are 1838xx934x50x1069
  • Fenced Yard
  • Landscaped

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Farmhouse Style Home
  • Victorian Architecture
  • Cedar

Interior Spaces

  • 3,226 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Stone Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Loft
  • Bonus Room
  • Workshop
  • Storage
  • Laundry on main level
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Electric Range

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Chatham Grove Elementary School
  • Margaret B Pollard Middle School
  • Northwood High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include road maintenance
  • Wilkinson Creek HOA
  • Wilkinson Creek Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,747

Year Built

Built in 2001

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Year Built: 2001
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Wilkinson Creek
  • Above Grade Finished Sq Ft: 3226.0
  • Architectural Style: Contemporary, Farmhouse, Victorian
  • 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: 2406.0
  • General Property Information Total Unfinished Area2: 2406.0
  • General Property Information Lot Size Dimensions: 1838xx934x50x1069
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Farm House: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Room Types Workshop2: Yes
  • Architectural Style Contemporary: Yes
  • Interior Features Room Over Garage: Yes
  • Pool Features In Ground: Yes
  • Flooring Slate: Yes
  • General Property Information Above Grade Finished Area: 3226.0
  • General Property Information Carport YN: No
  • Architectural Style Victorian: Yes
  • General Property Information Lot Size Square Feet2: 479160.0
  • General Property Information Lot Size Acres: 11.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Slate
  • Interior Amenities: Entrance Foyer, Primary Downstairs, Room Over Garage, Separate Shower, Smooth Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Electric Range, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Stone
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Interior Features:Entrance Foyer: 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:Stone3: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 11.0
  • Construction Type: Cedar
  • Patio And Porch Features: Covered, Patio, Porch
  • 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
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Garage, Workshop in Garage
  • Parking Features:Garage: 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: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association Name: Wilkinson Creek HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilkinson Creek HOA
  • 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: Chatham - Northwood
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Lot Dimensions: 1838xx934x50x1069
  • Lot Size Sq Ft: 479160.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3747.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Chatham - Chatham Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Mikkelsen Susan and Mikkelsen Robert L
Bought by
Robert And Susan Mikkelsen Living Trust and Mikkelsen
Current Estimated Value
$1,188,889

Purchase Details

Closed on
Mar 16, 2004
Sold by
Mccoy Marshall C
Bought by
Mccoy Marshall Clarke
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
Robert And Susan Mikkelsen Living Trust -- None Listed On Document
Mccoy Marshall Clarke -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,202,750 -- --
04/12/2022 04/12/22 Sold $1,202,750 +9.3% $373 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,100,000 -- $341 / 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 $6,592 $468,597 $124,687 $343,910
2023 $4,134 $468,597 $124,687 $343,910
2022 $3,794 $468,597 $124,687 $343,910
2021 $3,747 $468,597 $124,687 $343,910
2020 $4,040 $676,222 $175,000 $501,222
2019 $5,386 $676,222 $175,000 $501,222
2018 $5,069 $676,222 $175,000 $501,222
2017 $5,069 $676,222 $175,000 $501,222
2016 $5,146 $681,468 $175,000 $506,468
2015 $5,065 $681,468 $175,000 $506,468
2014 $4,963 $681,468 $175,000 $506,468
2013 -- $681,468 $175,000 $506,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2436938

Doorify MLS

APN: 74471