NOT LISTED FOR SALE

875 Martin Luther King jr Blvd Unit 20 Chapel Hill, NC 27514

Estimated Value: $282,000 - $337,000

2 Beds
1.5 Baths
1,056 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $270,000 $256 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,974/month

2 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Bathtub with Shower
  • Estes Hills Elementary School Rated A
  • End Unit
  • Storage

About This Home

As of May 2022

You will love this one! End unit townhome with lots of updates, including crown molding, granite counter tops, new carpet, new interior paint, new SS appliances except washer & dryer. New front door, new vanity and sink in upstairs bath. HVAC, water heater less than 5 years old. Living room offers ceramic tile floors & wood burning fireplace. Eat in kitchen w/ceramic tile floors. 2 pad parking. Walk or bike to Bolin Creek Trail, restaurants & YMCA. Steps to bus access. Min. from UNC & Downtown Chapel Hill.

Last Agent to Sell the Property

Audrey Morris

Berkshire Hathaway HomeService License #188331 Listed on: 05/05/2022

Berkshire Hathaway HomeService

Last Buyer's Agent

Jaclyn Smith

HomeTowne Realty License #278522

HomeTowne Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1983

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Garage
  • Front Facing Garage
  • Parking Lot

Outdoor Features

  • Deck
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Salem Court HOA
  • Salem Court Subdivision

Townhouse Details

Home Type

Townhome

Year Built

Built in 1983

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Year Built: 1983
  • Prop. Type: Residential
  • Subdivision Name: Salem Court
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: See Orange GIS
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1056.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Living/Dining Room Combination, Storage
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Laundry Features:In Kitchen: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.03
  • Common Walls: End Unit
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Faces Front, Parking Lot
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association Name: Salem Court HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Salem Court HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 120.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See Orange GIS
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 197950.0

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 31, 2022
Sold by
Savit Properties Llc
Bought by
Mcelroy Kevin and Mcelroy Laurie
Seller's Agent
Audrey Morris
Berkshire Hathaway HomeService
Buyer's Agent
Jaclyn Smith
HomeTowne Realty
List Price
$267,000
Sold Price
$270,000
Premium/Discount to List
$3,000
1.12%
Current Estimated Value
$299,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,014
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
May 26, 2017
Sold by
Zuo Qixin and Xu Zijie
Bought by
Savit Properties Llc

Purchase Details

Closed on
May 18, 2004
Sold by
Johnson Sheryl E
Bought by
Zuo Qixin and Xu Zijie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
3.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Mcelroy Kevin $270,000 Whitaker & Hamer Pllc
Mcelroy Kevin $270,000 None Listed On Document
Savit Properties Llc $128,000 None Available
Zuo Qixin $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Zijie $75,000
Previous Owner Zuo Qixin $92,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $270,000 -- --
05/31/2022 05/31/22 Sold $270,000 +1.1% $256 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $267,000 -- $253 / 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 $0 $150,600
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: 2446910

Doorify MLS

APN: 9789326848