NOT LISTED FOR SALE

704 Martin Luther King jr Blvd Unit D-17 Chapel Hill, NC 27514

Estimated Value: $292,000 - $313,000

2 Beds
2 Baths
832 Sq Ft
$262/mo HOA Fee

Last Sold March 31, 2023

Last sale price $280,000 $337 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,160/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Living Room
  • Phillips Middle School Rated A
  • Tennis Courts
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Multiple Offers Received. Offer Deadline: 2/16/23 12 noon. A Mill Creek Gem!! Renovated and ready to go. Granite Counters, Laminate Flooring (no carpet except for stairs), Updated Baths with newer vanities, lighting, vinyl tile. Full size appliances convey including stackable washer/dryer. Well maintained. Incredible location. On the free bus line. Short distance to campus and Franklin Street. Great investment with great rental history. Tenant in place through June 30, 2023.

Last Agent to Sell the Property

Isabelle Apel

Compass -- Chapel Hill - Durham License #276523 Listed on: 02/09/2023

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Jeff Rupkalvis

Dwell Real Estate License #183454

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1987

Lot Details

  • 0.73

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Cedar

Interior Spaces

  • 832 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Mill Creek Condo Assoc. Association
  • Mill Creek Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,458

Year Built

Built in 1987

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Mill Creek
  • Above Grade Finished Sq Ft: 832.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • 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
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Flooring Laminate: Yes
  • Levels MultiSplit: Yes
  • General Property Information Above Grade Finished Area: 832.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 2nd Floor
  • Total Bedrooms: 4
  • Community Features:Pool2: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Construction Type: Cedar
  • Construction Materials:Cedar: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 785.0
  • Association Fee Frequency: Quarterly
  • Association Name: Mill Creek Condo Assoc.
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Mill Creek Condo Assoc.
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 785.0
  • 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

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2458.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 31, 2023
Sold by
Mcelfresh Amy Jo Young
Bought by
Gabriel Amelia Nicole and Schmidt Bianca Rosemarie
Seller's Agent
Isabelle Apel
Compass -- Chapel Hill - Durham
Buyer's Agent
Jeff Rupkalvis
Dwell Real Estate
List Price
$280,000
Sold Price
$280,000
Views
37
Current Estimated Value
$300,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,586
Avg. Annual Appreciation
2.85%
Original Mortgage
$263,500
Outstanding Balance
$255,506
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$45,521

Purchase Details

Closed on
Dec 21, 2022
Sold by
Waheed Hissan C
Bought by
Waheed Amyjo M

Purchase Details

Closed on
May 31, 2017
Sold by
Collins Real Estate Services Inc
Bought by
Waheed Hissan C and Waheed Amyjo M

Purchase Details

Closed on
May 18, 2017
Sold by
The Donald W Freserick And Ellien J Fred
Bought by
Collins Real Estate Services Inc

Purchase Details

Closed on
Aug 23, 2016
Sold by
Collins Michael Edwin
Bought by
Frederick Collins Jana L and The Donald W Frederick & Ellen J Frederi

Purchase Details

Closed on
Oct 9, 2015
Sold by
Collins Glyn Edwin and Collins Jana Frederick
Bought by
Collins Michael Edwin

Purchase Details

Closed on
May 26, 2015
Sold by
Collins Glyn Edwin and Collins Jana Frederick
Bought by
Collins Michael Edwin
Source: Public Records

Range of Values:

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Average Value
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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
Gabriel Amelia Nicole $280,000 None Listed On Document
Gabriel Amelia Nicole $280,000 None Listed On Document
Waheed Amyjo M -- --
Waheed Hissan C $139,500 None Available
Collins Real Estate Services Inc $75,000 None Available
Frederick Collins Jana L -- None Available
Collins Michael Edwin -- None Available
Collins Michael Edwin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabriel Amelia Nicole $263,500
Closed Gabriel Amelia Nicole $263,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $280,000 -- --
03/31/2023 03/31/23 Sold $280,000 0.0% $337 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $280,000 -- $337 / 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 $3,865 $285,200 $0 $285,200
2024 $2,626 $147,400 $0 $147,400
2023 $2,560 $147,400 $0 $147,400
2022 $2,458 $147,400 $0 $147,400
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: 2494473

Doorify MLS

APN: 9789306266.017