97514 Franklin Ridge Chapel Hill, NC 27517
Governors Club Neighborhood
4
Beds
4.5
Baths
5,552
Sq Ft
0.7
Acres
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 2024Welcome 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
Governors Club Realty License #230608 Listed on: 02/29/2024
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
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
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
3.59%
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
Similar Homes in Chapel Hill, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | None Listed On Document | |
| Warranty Deed | $1,168,000 | None Available | |
| Warranty Deed | $945,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $993,780 | New Conventional | |
| Closed | $1,000,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving |
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
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
-
Binny Joseph
B
Buyer's Agent in 2024
Binny Joseph
Binny Realty Inc.
(919) 636-1582
1 in this area
139 Total Sales
-
Kimberly Lovegrove
Seller's Agent in 2021
Kimberly Lovegrove
Governors Club Realty
(919) 324-2194
58 in this area
73 Total Sales
-
Hank Xiao
H
Buyer's Agent in 2021
Hank Xiao
CHK Realty
(919) 360-9473
2 in this area
18 Total Sales
Map
Source: Doorify MLS
MLS Number: 10014183
APN: 68197
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