NOT LISTED FOR SALE

97514 Franklin Ridge Chapel Hill, NC 27517

Governors Club Neighborhood

Estimated Value: $1,488,172 - $1,725,000

4 Beds
4.5 Baths
5,552 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,500,000 $270 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,228/month

46 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Waterfall on Lot
  • North Chatham Elementary School Rated A-
  • Gated with Attendant
  • Community Lake

About This Home

As of May 2024

Welcome to the renowned gated Governor's Club in Chapel Hill, boasting an award-winning 27-hole Jack Nicklaus Signature golf course. Your tranquil oasis awaits on this 0.70-acre, blending indoor and outdoor living. Picturesque views every season. This residence features 4 bedrooms, 2 offices/studies, including a primary suite on main. Exquisite bathrooms, high ceilings, & a bright living room overlook backyard. Kitchen boasts custom wood cabinets, marble countertops, Wolf appliances. Add'l features include central vacuum system & whole-house surveillance.Family room w/ electric fireplace opens up to the backyard w/ a pond & relaxation platform. Surround sound systems in house & backyard. Endless outdoor amenities. Primary BR offers walk-in closet, ensuite bathroom w/ designer tiles, separate shower, dual sinks, & freestanding bathtub. Lush landscaping surrounds entire property. 3-car garage w/ epoxy flooring. Large driveway. Conveniently located near schools, RDU Airport, Jordan Lake, Duke, UNC.

Last Agent to Sell the Property

Jill Ehrenfeld

Governors Club Realty License #230608 Listed on: 02/29/2024

Last Buyer's Agent

Binny Joseph

Binny Realty Inc. License #258399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,524

Year Built

  • Built in 1998

Lot Details

  • 0.7 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Landscaped
  • Garden

Parking

  • 3 Car Attached Garage

Home Design

  • Transitional Architecture
  • Brick Veneer
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Awning
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Waterfall on Lot

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68197

Community Details

Overview

  • Property has a Home Owners Association
  • Governors Club Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,524

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Concrete
  • Subdivision Name: Governors Club
  • Above Grade Finished Sq Ft: 4558.7
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Lower
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • Sewer Community Sewer: Yes
  • Utilities Natural Gas Available: Yes
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 4558.7
  • General Property Information Below Grade Finished Area: 992.9
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • View Golf Course3: Yes
  • General Property Information Lot Size Square Feet2: 30492.0
  • Security Features Security Guard: Yes
  • General Property Information Lot Size Acres: 0.7
  • General Property Information Stories2: 1
  • Security Features Gated with Guard: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Walk-In Closet(s), Walk-In Shower
  • Basement: Daylight, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 992.9
  • Fireplaces: 2
  • Total Bedrooms: 16
  • Stories: 1
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Basement:Daylight: Yes
  • Basement:Interior Entry: Yes
  • Basement Finished: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Sidewalks: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Awning(s), Garden
  • Fencing: None
  • Acres: 0.7
  • Construction Type: Brick Veneer, Stucco
  • Patio And Porch Features: Awning(s), Deck
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Garden2: Yes
  • Lot Features:On Golf Course: Yes
  • Exterior Features:Garden: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Awning(s): Yes
  • Patio And Porch Features:Awning(s)2: Yes
  • Lot Features:Waterfall: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking: No
  • Parking Features: Attached, Concrete, Garage
  • Total Parking Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available
  • Heating: Electric, Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Lake, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Association: Yes

Association/Amenities

  • Association Amenities:Gated: Yes

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Lot Size Sq Ft: 30492.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 68197
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6524.43
  • Tax Year: 2023

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 31, 2024
Sold by
Zhao Yuanyuan and Gao Tie
Bought by
Thomas Sanjai and Thomas George Gisha
Seller's Agent
Jill Ehrenfeld
Governors Club Realty
Buyer's Agent
Binny Joseph
Binny Realty Inc.
List Price
$1,680,000
Sold Price
$1,500,000
Premium/Discount to List
-$180,000
-10.71%
Views
41
Current Estimated Value
$1,561,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,043
Avg. Annual Appreciation
2.86%
Original Mortgage
$1,000,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2021
Closed on
May 6, 2021
Sold by
Pulman David and Pulman Clare R
Bought by
Zhao Yuanyuan and Gao Tie
Seller's Agent
Kimberly Lovegrove
Governors Club Realty
Buyer's Agent
Hank Xiao
CHK Realty
List Price
$1,250,000
Sold Price
$1,168,000
Premium/Discount to List
-$82,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
May 3, 2004
Sold by
Prendergast John G
Bought by
Pulman David and Pulman Clare R
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
Thomas Sanjai $1,500,000 None Listed On Document
Zhao Yuanyuan $1,168,000 None Available
Pulman David $945,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Sanjai $993,780
Closed Thomas Sanjai $1,000,000
Previous Owner Pulman David $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $1,500,000 -6.0% $270 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $1,595,000 -5.1% $287 / Sq Ft
02/29/2024 02/29/24 For Sale $1,680,000 +43.8% $303 / Sq Ft
12/14/2023 12/14/23 Off Market $1,168,000 -- --
05/21/2021 05/21/21 Sold $1,168,000 -6.6% $207 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,250,000 0.0% $222 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $1,250,000 -- $222 / 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 $6,982 $802,512 $190,771 $611,741
2023 $6,982 $802,512 $190,771 $611,741
2022 $6,409 $802,512 $190,771 $611,741
2021 $6,328 $802,512 $190,771 $611,741
2020 $7,623 $963,719 $245,700 $718,019
2019 $7,623 $963,719 $245,700 $718,019
2018 $7,137 $963,719 $245,700 $718,019
2017 $7,137 $963,719 $245,700 $718,019
2016 $7,774 $1,042,764 $270,000 $772,764
2015 $7,496 $1,021,585 $270,000 $751,585
2014 $7,343 $1,021,585 $270,000 $751,585
2013 -- $1,021,585 $270,000 $751,585
Source: Public Records

Agents Affiliated with this Home

  • Jill Ehrenfeld

    Seller's Agent in 2024

    Jill Ehrenfeld

    Governors Club Realty

    (919) 968-8500

    122 in this area

    169 Total Sales

    Jill Ehrenfeld
    Section Image

  • B

    Buyer's Agent in 2024

    Binny Joseph

    Binny Realty Inc.

    (919) 636-1582

    1 in this area

    139 Total Sales

    Binny Joseph
    Section Image
  • Kimberly Lovegrove

    Seller's Agent in 2021

    Kimberly Lovegrove

    Governors Club Realty

    (919) 324-2194

    58 in this area

    73 Total Sales

    Kimberly Lovegrove
    Section Image

  • H

    Buyer's Agent in 2021

    Hank Xiao

    CHK Realty

    (919) 360-9473

    2 in this area

    18 Total Sales

    Hank Xiao
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10014183

Doorify MLS

APN: 68197

North Carolina Chatham County Chapel Hill 27517 Governors Club

97514 Franklin Ridge, Chapel Hill, NC

This home is located at 97514 Franklin Ridge, Chapel Hill, NC 27517 since 29 February 2024 and is currently estimated at $1,561,043, approximately $281 per square foot. This property was built in 1998. 97514 Franklin Ridge is a home located in Chatham County with nearby schools including North Chatham Elementary School and Margaret B. Pollard Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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