NOT LISTED FOR SALE

79 Cedar Terrace Rd Unit A & B Chapel Hill, NC 27516

4 Beds
2 Baths
1,766 Sq Ft
0.96 Acres

Last Sold June 20, 2023

Last sale price $320,000 $181 Per Sq Ft

7 Days on Market

Highlights

  • 0.96 Acre Lot
  • Wooded Lot
  • Forced Air Heating System
  • Margaret B. Pollard Middle School Rated A-
  • Cooling Available
  • Wood Siding

About This Home

As of June 2023

Excellent investment property! This Well-Maintained Duplex is just minutes from downtown Chapel Hill and is situated on a private, wooded lot. Each unit features: vaulted smooth ceilings, ample storage, large rooms, large closets, 2 NEW Storm Doors and a deck. Also, Pull-Down Attics have hinged, insulated and locking panels above for efficiency and safety. Unit A has newer Laminate Flooring in the LR, DR and both BRs and that Washer conveys too. Unit B has carpeting in those rooms. These homes have an EXCELLENT RENTAL HISTORY. New Roof in 2020 and all new PEX plumbing. Refrigerators, Ranges and Dishwashers convey. Selling As Is.

Last Agent to Sell the Property

Barry Slobin

My Dog Tess, Inc. License #240247 Listed on: 05/10/2023

Last Buyer's Agent

Robert Ratcliffe

Fathom Realty NC, LLC License #261469

Fathom Realty NC, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,675

Year Built

  • Built in 1979

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 181 x 230 x 179 x 245
  • Wooded Lot

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Crawl Space

Schools

  • Chatham Grove Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Septic Tank

Community Details

  • 2 Units
  • Cedar Terrace Subdivision

Listing and Financial Details

  • 3 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,675

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Prop. Type: Residential Income
  • Subdivision Name: Cedar Terrace
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 181 x 230 x 179 x 245
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Flooring Laminate: Yes
  • Water Source Community Water: Yes
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 41817.0
  • General Property Information Lot Size Acres: 0.96
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.96
  • Construction Type: Wood Siding
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 181 x 230 x 179 x 245
  • Lot Size Sq Ft: 41817.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 3 To 6 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1675.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Chatham - Chatham Grove

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $320,000 -8.6% $181 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $350,000 -30.0% $198 / Sq Ft
05/10/2023 05/10/23 For Sale $500,000 -- $283 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2510338

Doorify MLS

APN: 0061727