875 Martin Luther King Junior Blvd Unit 18 Chapel Hill, NC 27514
Estimated Value: $311,000 - $385,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                1,333
                Sq Ft
            
            
                
                    $260/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 875 Martin Luther King Junior Blvd Unit 18, Chapel Hill, NC 27514 and is currently estimated at $346,321, approximately $259 per square foot. 875 Martin Luther King Junior 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.
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
                        
                        
                    Purchase Details
                Closed on
            
            
                Aug 5, 2022
            
        
                Sold by
            
            
                Chhotalal Changela Paresh and Pares Anjana
            
        
                Bought by
            
            
                Sacks Harrison
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                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
            
        
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        Home Values in the Area
Average Home Value in this Area
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 | Wehr Peter J | $94,000 | |
| Previous Owner | Hodgson Gary | $76,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | 
|---|---|---|---|---|
| 2025 | $3,963 | $292,500 | $135,000 | $157,500 | 
| 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
                    
            
        Map
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