$315,000
SOLD FEB 21, 2025

704 Martin Luther King jr Blvd Unit D18 Chapel Hill, NC 27514

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

Recently Sold

$362 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Granite Countertops
  • Phillips Middle School Rated A
  • End Unit
  • Community Pool

About This Home

As of February 2025

TURNKEY INVESTMENT! Discover the perfect blend of convenience and tranquility in this 2 BR, 2 Bath located in the highly sought after Mill Creek Community. Situated within walking distance to UNC campus and Franklin St, this property offers unbeatable access to Chapel Hill transportation with bus stop at the community, dining, shopping, and entertainment. The owner has maintained the home well to include HVAC replaced in 2017 , slider doors replaced, and water lines upgraded from poly to PEX. New refrigerator, stove, microwave. All of this makes this unit a hassle free low maintenance investment with good income potential. End unit with lots of natural light, a back deck that looks a wooded area to maintain privacy. Community includes pool, tennis court, and onsite parking. Curtains and rods and Shelves in master closet do not convey.

Last Agent to Sell the Property

Larry Smith

Bordeaux Smith Realty LLC License #146604 Listed on: 01/16/2025

Co-Listed By

Tammy Smith

Bordeaux Smith Realty LLC License #248146

Last Buyer's Agent

Aaron Brown

Bordeaux Smith Realty LLC License #319793

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,348

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • End Unit
  • No Unit Above or Below

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 870 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Paved Parking
  • 2 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9789306266.018

Community Details

Overview

  • Association fees include ground maintenance, trash
  • Cas Association, Phone Number (919) 295-3791
  • Mill Creek Subdivision
  • Community Parking

Amenities

  • Trash Chute

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,348

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Horses: No
  • Reso Association Fee Includes: Maintenance Grounds, Trash
  • Co List Office Mls Id: 72245
  • Co List Office Phone: 919-689-5425
  • Subdivision Name: Mill Creek
  • Above Grade Finished Sq Ft: 870.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • General Property Information Association Phone: 919-295-3791
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Common Walls End Unit: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Spa YN: No
  • Common Walls No One Above: Yes
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 870.0
  • Property Condition UpdatedRemodeled: Yes
  • Roof Asphalt3: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bathtub/Shower Combination, Eat-in Kitchen, Granite Counters
  • Private Spa: No
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:WasherDryer: Yes

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Balcony
  • Home Warranty: No
  • Common Walls: End Unit, No One Above
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Parking Lot, Paved
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Lot: Yes
  • Association Amenities:Parking: Yes
  • Parking Features:Paved2: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 785.0
  • Association Fee Frequency: Quarterly
  • Association Name: CAS
  • Phone: 919-295-3791
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Trash: 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

  • Parcel #: 9789306266.018

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 2348.0
  • Tax Year: 24

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Feb 21, 2025
Sold by
Hughes Melody and Hughes Jeff
Bought by
Farrelly Kerri Ross
Seller's Agent
Larry Smith
Bordeaux Smith Realty LLC
Buyer's Agent
Aaron Brown
Bordeaux Smith Realty LLC
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%
Views
17
Current Estimated Value
$315,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500
Avg. Annual Appreciation
0.30%

Purchase Details

Closed on
Jan 20, 2016
Sold by
Bulbrook James D and Long Whitney
Bought by
Hughes Melody

Purchase Details

Closed on
Feb 9, 2010
Sold by
Bulbrook James D and Long Whitney
Bought by
Bulbrook James D and Long Whitney

Purchase Details

Closed on
Sep 29, 2004
Sold by
Savery Rex T and Savery Melanie B
Bought by
Savery Properties Llc

Purchase Details

Closed on
Nov 11, 2003
Sold by
Buren Kenneth James and Buren Susan Corrigan
Bought by
Savery Rex T and Savery Melanie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 None Listed On Document
Warranty Deed $132,500 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $11,000 Credit Line Revolving
Previous Owner $88,000 Fannie Mae Freddie Mac
Previous Owner $76,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $315,000 +1.6% $362 / Sq Ft
01/19/2025 01/19/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $310,000 -- $356 / 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 $2,543 $142,100 $0 $142,100
2023 $2,491 $142,100 $0 $142,100
2022 $2,384 $142,100 $0 $142,100
2021 $2,359 $142,100 $0 $142,100
2020 $2,385 $134,800 $0 $134,800
2018 $2,309 $134,800 $0 $134,800
2017 $2,337 $134,800 $0 $134,800
2016 $2,337 $136,070 $46,254 $89,816
2015 $2,337 $136,070 $46,254 $89,816
2014 $2,279 $136,070 $46,254 $89,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10071047

Doorify MLS

APN: 9789306266.018