NOT LISTED FOR SALE

5500 Spring House Ln Chapel Hill, NC 27516

Estimated Value: $1,020,000 - $1,131,127

4 Beds
4.5 Baths
4,458 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $929,000 $208 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,599/month

108 Days on Market

Highlights

  • Home Theater
  • French Provincial Architecture
  • Main Floor Primary Bedroom
  • Cedar Ridge High Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of December 2023

Major price reduction! Don't miss this opportunity! Old world country elegance with all the modern features and touches! Perfectly sited on a 1.2 acre wooded lot, You will so appreciate the custom home touches on this all brick stunner! Quality features include 10 foot ceilings, 8 foot solid core doors, to die for updated kitchen with stunning granite island and quartzite backsplash, Viking 6 burner gas range. Main level primary bedroom opens to an amazing 440 SF covered porch, perfect for morning coffee mediations or evening dining. Here's a rarely seen feature: All bedrooms are generously sized and have en suite baths! Bonus room with wet bar and an adjacent exercise room (would be a perfect home theater as well!). Oversized side load 2 car garage. Enjoy neighborhood field and pond for outdoor fun! Easy access to Durham, Chapel Hill and Hillsborough!

Last Agent to Sell the Property

Ed Billings

Compass -- Chapel Hill - Durham License #201236 Listed on: 07/20/2023

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Garrett Caldwell

Real Broker, LLC - Carolina Collective Realty License #309969

Real Broker, LLC - Carolina Collective Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,820

Year Built

  • Built in 2007

Lot Details

  • 1.19 Acre Lot
  • Landscaped with Trees

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • French Provincial Architecture
  • Transitional Architecture
  • Brick Veneer

Interior Spaces

  • 4,458 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Bonus Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Range Hood
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry Located Outside
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • New Hope Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Meadow Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,820

Year Built

Built in 2007

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Subdivision Name: Meadow Ridge
  • Above Grade Finished Sq Ft: 4458.0
  • Architectural Style: French Province, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: New survey needed
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Room Types Media Room: Yes
  • Architectural Style French Province: Yes
  • General Property Information Above Grade Finished Area: 4458.0
  • General Property Information Carport YN: No
  • Laundry Features Outside2: Yes
  • General Property Information Lot Size Square Feet2: 51836.4
  • General Property Information Lot Size Acres: 1.19
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Entrance Foyer, Granite Counters, High Ceilings, Primary Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Basement: Crawl Space
  • Appliances: Gas Range, Gas Water Heater, Range, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 1.19
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Covered, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 430.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee: 430.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Lot Dimensions: New survey needed
  • Lot Size Sq Ft: 51836.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7820.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Orange - New Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Dec 17, 2023
Sold by
Cline Adriana and Cline Brendan
Bought by
Almond Michael Aubrey and Stamps Celia Jean
Seller's Agent
Ed Billings
Compass -- Chapel Hill - Durham
Buyer's Agent
Garrett Caldwell
Real Broker, LLC - Carolina Collective Realty
List Price
$1,149,000
Sold Price
$929,000
Premium/Discount to List
-$220,000
-19.15%
Views
348
Current Estimated Value
$1,071,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,282
Avg. Annual Appreciation
5.87%
Original Mortgage
$529,000
Outstanding Balance
$522,415
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$498,886

Purchase Details

Closed on
Jul 11, 2019
Sold by
Weakland Scott C and Paulen Jamie L
Bought by
Cline Adriana and Cline Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2010
Sold by
Meadowridge Development Company Llc
Bought by
Weakland Scott C and Paulen Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.42%
Mortgage Type
New Conventional
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
Almond Michael Aubrey -- Investors Title
Cline Adriana $588,000 None Available
Weakland Scott C $637,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almond Michael Aubrey $529,000
Previous Owner Cline Brenden $400,000
Previous Owner Cline Brendan $586,000
Previous Owner Cline Adriana $588,000
Previous Owner Weakland Scott C $417,000
Previous Owner Weakland Scott C $417,000
Previous Owner Weakland Scott C $124,750
Previous Owner Meadowridge Development Co Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $929,000 -7.0% $208 / Sq Ft
12/14/2023 12/14/23 Off Market $999,000 -- --
11/05/2023 11/05/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $999,000 -2.9% $224 / Sq Ft
10/12/2023 10/12/23 Price Changed $1,029,000 -6.4% $231 / Sq Ft
09/01/2023 09/01/23 Price Changed $1,099,000 -2.7% $247 / Sq Ft
08/22/2023 08/22/23 Price Changed $1,129,000 -1.7% $253 / Sq Ft
07/20/2023 07/20/23 For Sale $1,149,000 -- $258 / 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 $8,710 $856,100 $157,500 $698,600
2023 $7,936 $811,000 $157,500 $653,500
2022 $7,821 $811,000 $157,500 $653,500
2021 $7,602 $811,000 $157,500 $653,500
2020 $7,614 $766,700 $157,500 $609,200
2018 $7,414 $766,700 $157,500 $609,200
2017 $7,761 $766,700 $157,500 $609,200
2016 $7,761 $779,000 $145,800 $633,200
2015 $7,722 $779,000 $145,800 $633,200
2014 $7,702 $779,000 $145,800 $633,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Ed Billings

    Compass -- Chapel Hill - Durham

    (919) 423-6627

    80 Total Sales

    Section Image
  • Garrett Caldwell

    Buyer's Agent in 2023

    Garrett Caldwell

    Real Broker, LLC - Carolina Collective Realty

    (740) 645-0159

    44 Total Sales

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Map

Source: Doorify MLS

MLS Number: 2522511

Doorify MLS

APN: 9872309848

North Carolina Orange County Chapel Hill 27516

5500 Spring House Ln, Chapel Hill, NC

This home is located at 5500 Spring House Ln, Chapel Hill, NC 27516 since 20 July 2023 and is currently estimated at $1,071,282, approximately $240 per square foot. This property was built in 2007. 5500 Spring House Ln is a home located in Orange County with nearby schools including New Hope Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

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