NOT LISTED FOR SALE

620 Martin Luther King jr Blvd Unit 501 Chapel Hill, NC 27514

Estimated Value: $431,680 - $482,000

2 Beds
2 Baths
1,485 Sq Ft
$578/mo HOA Fee

Last Sold December 10, 2021

Last sale price $312,500 $210 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,486/month

9 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Community Pool
  • Phillips Middle School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of December 2021

Start your day with Coffee overlooking the treetops from your covered balcony * Live in the heart of Chapel Hill in this Rare opportunity at The Gables * BLOCKS from FRANKLIN STREET * Spacious 2bed/2bath condo WITH TWO PARKING SPACES is open and bright * Walk to Franklin St for dinner, a visit to the Acklund Museum or UNC campus * On FREE bus line * Secured building includes pool/patio area * Smoke Free residence * Home needs TLC and updating * "AS IS" estate sale* ALL OFFERS DUE Sat 11.13 at 7Pm.

Last Agent to Sell the Property

Kim Dawson

Allen Tate / Durham License #204137 Listed on: 10/23/2021

Allen Tate / Durham

Last Buyer's Agent

Marcia Vaughn

Long & Foster Real Estate INC License #301179

Long & Foster Real Estate INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1985

Lot Details

  • 1

HOA Fees

  • $578 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Lot
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Smooth Ceilings
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Electric Cooktop
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Northside Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Landscaped with Trees
  • Property is near public transit

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Allenton Management Association, Phone Number (919) 490-9050
  • Gables Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,650

Year Built

Built in 1985

Lot Details

0

HOA Fees

$578 per month

Parking

2

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Gables
  • Above Grade Finished Sq Ft: 1485.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: na
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919.490.9050
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 1485.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Entrance Foyer, Primary Downstairs, Smooth Ceilings, Walk-In Closet(s)
  • Appliances: Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features:Bookcases: Yes

Exterior Features

  • Exterior Features: Lighting
  • Construction Type: Brick
  • Foundation Details: Slab
  • 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
  • Construction Materials:Brick: Yes
  • Lot Features:Near Public Transit: Yes
  • Exterior Features:Lighting: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Covered, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Covered: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 577.6
  • Association Fee Frequency: Monthly
  • Association Name: Allenton Management
  • Phone: 919-490-9050
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Allenton Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 577.6
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: na

Tax Info

  • Tax Annual Amount: 4650.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Dec 8, 2021
Sold by
Shannon Kevin and Shannon Lori Coates
Bought by
Shannon Kevin and Shannon Lori Coates
Seller's Agent
Kim Dawson
Allen Tate / Durham
Buyer's Agent
Marcia Vaughn
Long & Foster Real Estate INC
List Price
$275,000
Sold Price
$312,500
Premium/Discount to List
$37,500
13.64%
Current Estimated Value
$456,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,920
Avg. Annual Appreciation
8.45%

Purchase Details

Listed on
Oct 23, 2021
Closed on
Nov 19, 2021
Sold by
Shannon Lori Coates and Estate Of Linda Karen Griffin
Bought by
Shannon Kevin
Seller's Agent
Kim Dawson
Allen Tate / Durham
Buyer's Agent
Marcia Vaughn
Long & Foster Real Estate INC
List Price
$275,000
Sold Price
$312,500
Premium/Discount to List
$37,500
13.64%

Purchase Details

Closed on
May 29, 2013
Sold by
Tilly Eben F and Tilly Nancy M
Bought by
Griffin Linda K

Purchase Details

Closed on
Apr 19, 2006
Sold by
Largent Virginia F and Largent Stephen D
Bought by
Tilly Eben F and Tilly Nancy M
Source: Public Records

Range of Values:

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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
Shannon Kevin -- None Available
Shannon Kevin $312,500 None Available
Griffin Linda K $2,795,000 None Available
Tilly Eben F $240,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Kevin $313,070
Previous Owner Stephen Stephen D $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $312,500 -- --
12/10/2021 12/10/21 Sold $312,500 +13.6% $210 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $275,000 -- $185 / 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 $5,050 $294,800 $0 $294,800
2023 $4,914 $294,800 $0 $294,800
2022 $4,710 $294,800 $0 $294,800
2021 $4,650 $294,800 $0 $294,800
2020 $4,680 $278,800 $0 $278,800
2018 $4,574 $278,800 $0 $278,800
2017 $4,639 $278,800 $0 $278,800
2016 $4,639 $279,574 $114,376 $165,198
2015 $4,639 $279,574 $114,376 $165,198
2014 $4,581 $279,574 $114,376 $165,198
Source: Public Records

Agents Affiliated with this Home

  • Kim Dawson

    Seller's Agent in 2021

    Kim Dawson

    Allen Tate / Durham

    (919) 491-9819

    47 Total Sales

    Kim Dawson
    Section Image

  • M

    Buyer's Agent in 2021

    Marcia Vaughn

    Long & Foster Real Estate INC

    (336) 413-5303

    20 Total Sales

    Marcia Vaughn
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2415352

Doorify MLS

APN: 9788394516.011

North Carolina Orange County Chapel Hill 27514

620 Martin Luther King jr Blvd Unit 501, Chapel Hill, NC

This home is located at 620 Martin Luther King jr Blvd Unit 501, Chapel Hill, NC 27514 since 23 October 2021 and is currently estimated at $456,420, approximately $307 per square foot. This property was built in 1985. 620 Martin Luther King jr Blvd Unit 501 is a home located in Orange County with nearby schools including Northside Elementary School, Phillips Middle School, and East Chapel Hill High School.

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