NOT LISTED FOR SALE

704 Martin Luther King jr Blvd Unit D-16 Chapel Hill, NC 27514

Estimated Value: $300,000 - $319,000

2 Beds
2 Baths
900 Sq Ft
$145/mo HOA Fee

Last Sold May 13, 2021

Last sale price $226,000 $251 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,048/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Granite Countertops
  • Phillips Middle School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of May 2021

UPDATED Light & Bright Condo, a short walk, bike ride or bus to Franklin St or UNC, features: NEW KITCHEN-Cabinets, GRANITE Counters & SS appliances; a New stack Washer/Dryer, New Water Heater & HARDWOOD FLOORS down-all in 2018; New CARPET up-2021; recent Paint & a TownHome-style floorplan w/public spaces down & 2beds + 2baths up w/plenty of closet space. Comes w/ 2 Parking Permits. Community has a Pool, Picnic Area & Tennis Courts. Close to Everything. Some Furnishings For Sale. More-see Pix+Agt Remarks.

Last Agent to Sell the Property

Barry Slobin

My Dog Tess, Inc. License #240247 Listed on: 03/27/2021

Last Buyer's Agent

Joe Matthews

Real Triangle Properties LLC License #134224

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1987

Lot Details

  • 0.73

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Wood Siding
  • Cedar

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in Hall
  • Laundry on main level
  • Stacked Washer and Dryer

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Rain Gutters
  • Landscaped
  • Property is near public transit

Community Details

Overview

  • Association fees include maintenance structure, trash
  • Community Focus Of Nc,Inc Association, Phone Number (919) 564-9134
  • Mill Creek Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,124

Year Built

Built in 1987

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure, Trash
  • Subdivision Name: Mill Creek
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: (919) 564-9134
  • Laundry Features Laundry Closet: Yes
  • Laundry Features In Hall: Yes
  • Architectural Style Contemporary: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 900.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Speed Internet, Living/Dining Room Combination, Shower Only
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 2nd Floor
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Construction Type: Cedar, Wood Siding
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Near Public Transit: Yes
  • Construction Materials:Cedar: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 435.0
  • Association Fee Frequency: Quarterly
  • Association Name: Community Focus of NC,Inc
  • Phone: 919-564-9134
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Community Focus of NC,Inc
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 435.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Zoning: Res
  • Lot Dimensions: 0

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 2124.0
  • Tax Year: 2020
  • Tax Map Number: Deed Bk:6340, Pg:141

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 30, 2021
Sold by
He Lun X and Tang Boyun
Bought by
Gooty Ravi Kumar and Priyamvada Shanthala
Seller's Agent
Barry Slobin
My Dog Tess, Inc.
Buyer's Agent
Joe Matthews
Real Triangle Properties LLC
List Price
$199,900
Sold Price
$226,000
Premium/Discount to List
$26,100
13.06%
Current Estimated Value
$307,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,204
Avg. Annual Appreciation
7.13%
Original Mortgage
$162,750
Outstanding Balance
$120,746
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$186,458

Purchase Details

Closed on
Jul 24, 2017
Sold by
Burnham Craig and Burnham Meghan
Bought by
He Lun X and He Michelle X

Purchase Details

Closed on
Aug 4, 2008
Sold by
Brass Kathryn
Bought by
Burnham Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2004
Sold by
Myers Stephen Vincent and Myers Teresa Ferracci
Bought by
Brass Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
5.88%
Mortgage Type
Balloon
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
Gooty Ravi Kumar $226,000 None Available
He Lun X $141,000 None Available
Burnham Craig $143,000 None Available
Brass Kathryn $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gooty Ravi Kumar $162,750
Previous Owner Burnham Craig $143,000
Previous Owner Brass Kathryn $92,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $226,000 -- --
05/13/2021 05/13/21 Sold $226,000 +13.1% $251 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $199,900 -- $222 / 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
2025 $3,491 $256,100 $0 $256,100
2024 $2,980 $168,800 $0 $168,800
2023 $2,903 $168,800 $0 $168,800
2022 $2,787 $168,800 $0 $168,800
2021 $2,428 $147,400 $0 $147,400
2020 $2,317 $131,600 $0 $131,600
2018 $0 $131,600 $0 $131,600
2017 $2,285 $131,600 $0 $131,600
2016 $2,285 $132,875 $46,254 $86,621
2015 $2,285 $132,875 $46,254 $86,621
2014 $2,227 $132,875 $46,254 $86,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2374507

Doorify MLS

APN: 9789306266.016