NOT LISTED FOR SALE

642 W Barbee Chapel Rd Unit 642 Chapel Hill, NC 27517

Meadowmont Neighborhood

Estimated Value: $912,000 - $957,000

3 Beds
3 Baths
2,455 Sq Ft
$379/Sq Ft Est. Value

About This Home

This home is located at 642 W Barbee Chapel Rd Unit 642, Chapel Hill, NC 27517 and is currently estimated at $931,235, approximately $379 per square foot. 642 W Barbee Chapel Rd Unit 642 is a home located in Orange County with nearby schools including Rashkis Elementary School, Culbreth Middle School, and East Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2014
Sold by
Chaffee Frederic H and Chaffee Diana M
Bought by
Werner Martin Susan K and Werner Martin
Current Estimated Value
$931,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$315,995
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$604,800

Purchase Details

Closed on
Mar 23, 2012
Sold by
Gross Eugene F and Gross Patricia A
Bought by
Chaffee Frederick H and Chaffee Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 2005
Sold by
Gross Eugene F and Gross Patricia A
Bought by
Gross Eugene F and Gross Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,400
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2005
Sold by
Rene Langford Inc
Bought by
Gross Eugene F and Gross Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,400
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Werner Martin Susan K $515,000 None Available
Chaffee Frederick H $500,000 None Available
Gross Eugene F -- --
Gross Eugene F $449,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Werner $60,100
Open Werner Martin Susan K $412,000
Previous Owner Chaffee $400,000
Previous Owner Chaffee Frederick H $367,500
Previous Owner Gross Eugene F $359,400
Previous Owner Rene Langford Inc $1,440,000
Source: Public Records

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 $10,002 $592,300 $0 $592,300
2023 $9,725 $592,300 $0 $592,300
2022 $9,315 $592,300 $0 $592,300
2021 $9,194 $592,300 $0 $592,300
2020 $8,559 $517,000 $0 $517,000
2018 $8,370 $517,000 $0 $517,000
2017 $9,772 $517,000 $0 $517,000
2016 $9,772 $596,733 $149,160 $447,573
2015 $9,772 $596,733 $149,160 $447,573
2014 -- $596,733 $149,160 $447,573
Source: Public Records

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