Check Availability

107 Schultz Street

107 Schultz Street, Chapel Hill, NC 27514
Property in Kensington Trace
Sold Sep 06, 2016
$108,000
$97,200 by State Employees Cu
Mortgage Due Oct 01, 2046
Sold Sep 04, 2001
$82,000
$51,000 by Americas Wholesale Lndr
Mortgage Due Sep 01, 2031
107 Schultz Street in Chapel Hill, NC was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 107 Schultz Street has 1,168 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of shingle (not wood). Water for the property is sourced from a municipal system. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 107 Schultz Street sold most recently in Aug 11, 2016 for a total of $108,000. If you work out the math, that's approximately a cost of $92.47 per sqft. Before that, the property was also sold for $82,000 in Aug 29, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,339 in taxes each year. The initial year of tax delinquency occurred in 2022. 107 Schultz Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $133,300. Improvements to the property, however, were assessed at a total of $133,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1998
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Condo
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,168
  • Gross Building Area: 2,544
  • Building Area: 1,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON TRACE CONDOMINIUMS
  • Land Acres: 1
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 19C KENSINGTON TRACE P40/116

Ownership

  • Current Owner : BOHN LORETTA JOY
  • Previous Owner : DAVIS LINDA J
  • Owner Before Previous Owner: SURA AMISH CHANDRAKANT
  • Owner Before Previous Owner 2: SURA TORAL C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011207

Zoning

  • Zoning: OI2

Geography

  • Assessors Map Reference: 6184/437
  • District: 7
  • Parcel: 9880-56-7003.057
  • Municipality: CHAPEL HILL
  • Latitude: 35.9645
  • Longitude: -79.048

    Address

  • Full Address: 107 Schultz St
  • Address - House Number: 107
  • Address - Street Name: Schultz
  • Address - Suffix Type: St
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C024
  • 4-Digit Zip Code: 1506
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,339
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 223,343
  • High Value: 262,914
  • Low Value: 183,773

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $127,200
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Sep 06, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $97,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • Second Open Lien Mortgage Recording Date: Jan 04, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $133,300
  • Market Improvement Value: $133,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,300
  • Assessed Improvements Value: $133,300

    Sales

  • Current Sale Contract Date: Aug 11, 2016
  • Current Sale Recording Date: Sep 06, 2016
  • Current Sale Transaction ID: 1932232119
  • Current Sale Price: $108,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160906000187420
  • Previous Sale Recording Date: Sep 04, 2001
  • Previous Sale Contract Date: Aug 29, 2001
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Sep 06, 2016
  • First Mortgage Loan Amount: $97,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Sep 04, 2001
  • Previous Mortgage Loan Amount: $51,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2031

About Kensington Trace



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 204 Presque Isle Lane, Chapel Hill, NC, 27514

$2,850 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,732 ft²
204 Presque Isle Lane #204, Chapel Hill, NC, 27514 Listing by Philip Guin

Frequently Asked Questions

What neighborhood is 107 Schultz Street located in?
The 107 Schultz Street is a located in the neighborhood of Kensington Trace in Kensington Trace, Chapel Hill.
What is the average sales price for listings in 107 Schultz Street?
The average sales price for units in 107 Schultz Street is $0 currently.

Nearby Counties
Quantcast