NOT LISTED FOR SALE

875 Martin Luther King jr Blvd Unit 19 Chapel Hill, NC 27514

Estimated Value: $294,000 - $341,000

3 Beds
2.5 Baths
1,356 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $305,000 $225 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,116/month

10 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Patio
  • Estes Hills Elementary School Rated A
  • Fireplace
  • Central Air

About This Home

As of August 2024

Kids going to UNC? This townhome is in a prime location with convenience to everything. Minutes to UNC, Bolin Creek Trail, shopping and restaurants. Downstairs you'll find the kitchen/ laundry, powder room, fresh paint, bright open layout, and a private back patio to enjoy time between classes. Upstairs is a large primary suite with bathroom, 2 additional bedrooms and another full bathroom. Don't miss out on the chance to own vs. rent.

Last Agent to Sell the Property

Rebecca Ellis

Keller Williams Legacy License #287026 Listed on: 06/28/2024

Keller Williams Legacy

Last Buyer's Agent

Nick Gallina

Keller Williams Realty License #321946

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 1983

Lot Details

  • 1,307

HOA Fees

  • $131 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Dining Room
  • Gas Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Kitchen
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces
  • Parking Lot
  • Assigned Parking

Schools

  • Estes Hills Elementary School
  • Guy Phillips Middle School
  • Chapel Hill High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Geothermal Heating and Cooling

Additional Features

  • Patio
  • 1,307 Sq Ft Lot

Community Details

  • Association fees include ground maintenance
  • Salem Court HOA, Phone Number (877) 672-2267
  • Salem Court Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 9789326828

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,418

Year Built

Built in 1983

Lot Details

0

HOA Fees

$131 per month

Listing Details

  • Year Built: 1983
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Salem Court
  • Above Grade Finished Sq Ft: 1356.0
  • Architectural Style: Transitional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 877-672-2267
  • Flooring Laminate: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 393.75
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1356.0
  • Structure Type Townhouse: Yes
  • General Property Information Lot Size Square Feet2: 1307.0
  • General Property Information Lot Size Acres: 0.03
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Gas Range, Refrigerator, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Total Bedrooms: 5
  • Stories: 2
  • Community Features:Street Lights: Yes
  • Appliances:Gas Range: Yes
  • Laundry Features:In Kitchen: Yes
  • Appliances:WasherDryer: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Disclosures: Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: 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: Geothermal, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Geothermal2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 393.75
  • Association Fee Frequency: Quarterly
  • Association Name: Salem Court HOA
  • Phone: 877-672-2267
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Salem Court HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 393.75
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: CH/Carrboro - Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Lot Info

  • Lot Size Sq Ft: 1307.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9789326828

Tax Info

  • Tax Annual Amount: 2417.58
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 1, 2024
Sold by
Sanchez Daniel A and Keshmiri-Sanchez Farzaneh
Bought by
Cheng Feng
Seller's Agent
Rebecca Ellis
Keller Williams Legacy
Buyer's Agent
Nick Gallina
Keller Williams Realty
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Views
44
Current Estimated Value
$323,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,187
Avg. Annual Appreciation
5.73%
Original Mortgage
$150,000
Outstanding Balance
$148,435
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$174,752

Purchase Details

Closed on
Mar 26, 2020
Sold by
Patel Pratik R and Patel Jaymeeni
Bought by
Keshmiri Sanchez Farzaneh and Sanchez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Kleinschmidt Mark J
Bought by
Huening Nathan Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Monroe Dougald M
Bought by
Kleinschmidt Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,060
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Cheng Feng $305,000 None Listed On Document
Feng Cheng $305,000 None Listed On Document
Keshmiri Sanchez Farzaneh $225,000 None Available
Huening Nathan Daniel $130,000 None Available
Kleinschmidt Mark J $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Cheng $150,000
Closed Feng Cheng $150,000
Previous Owner Keshmiri Sanchez Farzaneh $213,750
Previous Owner Huening $10,000
Previous Owner Huening Nathan Daniel $117,000
Previous Owner Kleinschmidt Mark J $105,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $305,000 -3.2% $225 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $315,000 -- $232 / 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 $2,682 $150,600 $45,000 $105,600
2023 $2,614 $150,600 $45,000 $105,600
2022 $2,510 $150,600 $45,000 $105,600
2021 $2,479 $150,600 $45,000 $105,600
2020 $2,304 $130,600 $40,000 $90,600
2018 $2,246 $130,600 $40,000 $90,600
2017 $2,209 $130,600 $40,000 $90,600
2016 $2,209 $128,021 $39,975 $88,046
2015 $2,209 $128,021 $39,975 $88,046
2014 $2,151 $128,021 $39,975 $88,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10038493

Doorify MLS

APN: 9789326828