$346,786 - $400,000
RENTED JAN 6, 2025

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

3 Beds
2.5 Baths
1,333 Sq Ft
$277 Price per Sq Ft

Last Sold August 10, 2022

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

Est. 15% increase in value since last sale

Current estimated payment $2,265/month

Highlights

  • Wood Flooring
  • Granite Countertops
  • Patio
  • Estes Hills Elementary School Rated A
  • Skylights
  • Living Room

About This Home

As of January 2025

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.

Last Agent to Rent the Property

Philip Guin

Louise Beck Properties, Inc License #287645 Listed on: 12/13/2024

Last Renter's Agent

Philip Guin

Louise Beck Properties, Inc License #287645 Listed on: 12/13/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1983

Lot Details

  • 1,307

Interior Spaces

  • 1,333 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Living Room
  • Laundry in unit

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Salem Court Subdivision

Listing and Financial Details

  • Security Deposit $1,300
  • Property Available on 12/27/24

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,025

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Tenant Pays: Other
  • Lease Term: Other
  • Available Date: 2024-12-27

Listing Details

  • Year Built: 1983
  • Prop. Type: Residential Lease
  • Subdivision Name: Salem Court
  • Above Grade Finished Sq Ft: 1333.0
  • Unit Levels: Two
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2024-12-27
  • Contract Information Security Deposit2: 1300.0
  • General Property Information Above Grade Finished Area: 1333.0
  • Structure Type Townhouse: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Laminate, Wood
  • Interior Amenities: Granite Counters
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Window Features:Skylight(s): Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

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
$369,447

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
3.51%
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
Source: Public Records

Range of Values:

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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
Sacks Harrison $320,000 None Listed On Document
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
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 $3,025 $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

    Landlord'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

    17 Total Sales

    Carson Changela
    Section Image

  • D

    Buyer's Agent in 2022

    Dylan Holowatch

    Keller Williams Realty

    (919) 971-7866

    36 Total Sales

    Dylan Holowatch
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10067234

Doorify MLS

APN: 9789326817

North Carolina Orange County Chapel Hill 27514

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

This home is located at 875 Martin Luther King jr Blvd Unit 18, Chapel Hill, NC 27514 since 13 December 2024 and is currently priced at $369,447. This property was built in 1983. 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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