601 Martin Luther King jr Blvd Unit 1 Chapel Hill, NC 27514
Estimated Value: $780,836 - $855,000
4
Beds
4
Baths
1,826
Sq Ft
$441/Sq Ft
Est. Value
About This Home
This home is located at 601 Martin Luther King jr Blvd Unit 1, Chapel Hill, NC 27514 and is currently estimated at $805,459, approximately $441 per square foot. 601 Martin Luther King jr Blvd Unit 1 is a home located in Orange County with nearby schools including Northside Elementary School, Phillips Middle School, and East Chapel Hill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 27, 2025
Sold by
Runberg Bruce L
Bought by
Smith John Edward
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$149,745
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$655,714
Purchase Details
Closed on
Sep 3, 1993
Bought by
Runberg and Runberg
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Smith John Edward | $791,000 | None Listed On Document | |
Smith John Edward | $791,000 | None Listed On Document | |
Runberg | $186,700 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Smith John Edward | $150,000 | |
Previous Owner | Runberg Bruce L | $255,700 | |
Previous Owner | Runberg Bruce L | $100,000 | |
Previous Owner | Runberg Bruce L | $264,000 | |
Previous Owner | Runberg | $62,000 | |
Previous Owner | Runberg Bruce L | $250,000 | |
Previous Owner | Runberg Bruce L | $100,000 | |
Previous Owner | Bruce Bruce L | $245,000 | |
Previous Owner | Runberg Bruce L | $108,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,282 | $367,500 | $145,000 | $222,500 |
2023 | $6,111 | $367,500 | $145,000 | $222,500 |
2022 | $5,857 | $367,500 | $145,000 | $222,500 |
2021 | $5,782 | $367,500 | $145,000 | $222,500 |
2020 | $5,253 | $312,400 | $84,000 | $228,400 |
2018 | $5,133 | $312,400 | $84,000 | $228,400 |
2017 | $4,981 | $312,400 | $84,000 | $228,400 |
2016 | $4,981 | $299,379 | $79,733 | $219,646 |
2015 | $4,981 | $299,379 | $79,733 | $219,646 |
2014 | $4,941 | $299,379 | $79,733 | $219,646 |
Source: Public Records
Map
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