$300,000 - $349,000
RENTED JAN 6, 2025

875 Martin Luther King jr Blvd Unit 18 Chapel Hill, NC 27514

3 Beds
3 Baths
1,333 Sq Ft
$246 Price per Sq Ft

Last Sold August 10, 2022

Last sale price $320,000 $240 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,070/month

About This Home

As of August 2022

SHORT TERM ONLY Townhome in Salem Court. Wood look plan flooring on 1st. Combined living, dining areas. Slider to patio with storage closet. Raised breakfast bar pass through to the kitchen. Kitchen off entry foyer with white cabinets, granite counters, room for table, appliances included. Washer, dryer included in kitchen. Bedrooms on 2nd, with carpet and ceiling fan. Master has bathroom, 2 closets. 2nd bathroom up. Bathrooms have skylights. Parking in lot. Pet w/fee, approval.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Sacks Harrison
Bought by
House Of Gaines Llc
Current Estimated Value
$327,804

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 5, 2022
Sold by
Chhotalal Changela Paresh and Pares Anjana
Bought by
Sacks Harrison
Seller's Agent
Carson Changela
Equitable Realty Group LLC
Buyer's Agent
Dylan Holowatch
Keller Williams Realty
List Price
$329,999
Sold Price
$320,000
Premium/Discount to List
-$9,999
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%
Original Mortgage
$304,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2019
Sold by
Wehr Peter J and Wehr Candace A
Bought by
Changela Paresh Chhotalal and Changela Anjana Paresh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2006
Sold by
Hodgson Gary and Hodgson Johanna
Bought by
Wehr Peter J and Wehr Candace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2001
Sold by
Sparrow Carol C
Bought by
Hodgson Gary and Hodgson Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
House Of Gaines Llc -- None Listed On Document
Sacks Harrison $320,000 Brady Boyette Pllc
Changela Paresh Chhotalal $165,000 None Available
Wehr Peter J $117,500 None Available
Hodgson Gary $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sacks Harrison $304,000
Previous Owner Changela Paresh Chhotalal $123,750
Previous Owner Candace $91,683
Previous Owner Wehr Peter J $94,000
Previous Owner Hodgson Gary $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Rented $1,300 0.0% --
01/06/2025 01/06/25 Price Changed $1,300 0.0% $1 / Sq Ft
12/13/2024 12/13/24 For Rent $1,300 0.0% --
12/14/2023 12/14/23 Off Market $320,000 -- --
08/10/2022 08/10/22 Sold $320,000 -3.0% $240 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $329,999 -- $248 / Sq Ft

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 $3,025 $171,400 $45,000 $126,400
2023 $2,948 $171,400 $45,000 $126,400
2022 $2,699 $162,900 $45,000 $117,900
2021 $2,665 $162,900 $45,000 $117,900
2020 $2,477 $141,300 $40,000 $101,300
2018 $2,439 $141,300 $40,000 $101,300
2017 $2,433 $141,300 $40,000 $101,300
2016 $2,433 $140,421 $39,975 $100,446
2015 $2,433 $140,421 $39,975 $100,446
2014 $2,375 $140,421 $39,975 $100,446
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Philip Guin

    Louise Beck Properties, Inc

    (919) 401-9300

    Philip Guin
    Section Image

  • C

    Seller's Agent in 2022

    Carson Changela

    Equitable Realty Group LLC

    (919) 369-1356

    16 Total Sales

    Carson Changela
    Section Image

  • D

    Buyer's Agent in 2022

    Dylan Holowatch

    Keller Williams Realty

    (919) 971-7866

    30 Total Sales

    Dylan Holowatch
    Section Image
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Map

North Carolina Orange County Chapel Hill 27514

875 Martin Luther King jr Blvd Unit 18, Chapel Hill, NC

Homes for Sale in Chapel Hill, NC

This home is located at 875 Martin Luther King jr Blvd Unit 18, Chapel Hill, NC 27514 and is currently estimated at $327,804, approximately $245 per square foot. 875 Martin Luther King jr Blvd Unit 18 is a home located in Orange County with nearby schools including Estes Hills Elementary School, Phillips Middle School, and Chapel Hill High School.

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