$415,000
SOLD JAN 10, 2025

714 Martin Luther King Junior Blvd Unit B15 Chapel Hill, NC 27514

4 Beds
2 Baths
1,200 Sq Ft
$276/mo HOA Fee

Recently Sold

$346 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Luxury Vinyl Tile Flooring
  • Phillips Middle School Rated A
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of January 2025

RARE INVESTMENT OPPORTUNITY (no kidding). A 4 BR Mill Creek Condo. There are not many. This Unit is in the rear well away from the hubbub of MLK, but less than a five-minute walk to the UNC Campus bound buses across the street. This unit is rented through July of 2026 so not so great if you have a buyer looking for a place for their kid.
BUT the lease is solid and in August of 2025 it goes way up to $3200! Call the listing agent for details. I will try to get you in. There are four tenants who need a heads up.

Last Agent to Sell the Property

Sammy Martin

Franklin Street Realty License #71450 Listed on: 12/02/2024

Last Buyer's Agent

Yang Yuan

CHK Realty License #276407

CHK Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1991

Lot Details

  • Two or More Common Walls

HOA Fees

  • $276 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Luxury Vinyl Tile Flooring
  • Washer and Dryer

Kitchen

  • Built-In Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 9789309281.015

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, road maintenance, snow removal
  • Mill Creek HOA (Cas Managed) Association, Phone Number (919) 888-1212
  • Mill Creek Subdivision
  • Community Parking

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,935

Year Built

Built in 1991

Lot Details

0

HOA Fees

$276 per month

Listing Details

  • Year Built: 1991
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Snow Removal
  • Subdivision Name: Mill Creek
  • Above Grade Finished Sq Ft: 1200.0
  • 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
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • General Property Information Association Phone: 919-888-1212
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 276.0
  • Roof:Shingle: Yes
  • Contract Information Lease Term: Other
  • General Property Information Above Grade Finished Area: 1200.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Combination, Luxury Vinyl, Other
  • Appliances: Built-In Electric Range, Dishwasher, Disposal, Refrigerator, Washer/Dryer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 1
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances:WasherDryer: Yes
  • Appliances:Built-In Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Common Walls: 2+ Common Walls
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Association Amenities:Parking: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Tennis Court(s)
  • Association Fee: 827.0
  • Association Fee Frequency: Quarterly
  • Association Name: Mill Creek HOA (CAS managed)
  • Phone: 919-888-1212
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Mill Creek HOA (CAS managed)
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Snow Removal2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 827.0
  • 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 #: 9789309281.015

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 3935.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Jan 9, 2025
Sold by
Settlemire Earl
Bought by
Goliving Llc
Seller's Agent
Sammy Martin
Franklin Street Realty
Buyer's Agent
Yang Yuan
CHK Realty
List Price
$415,000
Sold Price
$415,000
Views
8
Current Estimated Value
$417,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,703
Avg. Annual Appreciation
-1.16%

Purchase Details

Closed on
Aug 15, 1991
Bought by
Settlemire
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 Type Sale Price Title Company
Warranty Deed $415,000 None Listed On Document
Warranty Deed $415,000 None Listed On Document
Deed $167,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $49,100 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $415,000 0.0% $346 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $415,000 -- $346 / 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 $3,935 $226,300 $0 $226,300
2023 $3,831 $226,300 $0 $226,300
2022 $3,677 $226,300 $0 $226,300
2021 $3,630 $226,300 $0 $226,300
2020 $3,701 $216,900 $0 $216,900
2018 $0 $216,900 $0 $216,900
2017 $2,953 $216,900 $0 $216,900
2016 $2,953 $174,041 $52,081 $121,960
2015 $2,954 $174,041 $52,081 $121,960
2014 $1,156 $174,041 $52,081 $121,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10065613

Doorify MLS

APN: 9789309281.015