Check Availability
Chatham 27516
115 Araya Lane
$315,000 - $385,000
Land - In Contract

115 Araya Lane

Chapel Hill, NC 27516
bedrooms
Studio
bathrooms
0 Bath
Refi Apr 14, 2021
Transfer
Owner
$1,300,000 by Select Bank & Trust Co
Mortgage Due Apr 14, 2051

About This Property

Beautiful almost 5 acre lot in the Glen Ridge neighborhood in North Chatham county, near the Orange county line, 10 minutes to Chapel Hill. Gorgeous hardwoods with a small, clear running creek on the back line of the lot.  Several potential building sites including one overlooking the creek. Gorgeous hardwoods, must walk it to really appreciate its full beauty! This lot was being held by the developer to build his next home but is now available.  Close to UNC with low Chatham County taxes. Paved private road with road maintenance  agreement. See photos for aerial view and plat.  There is a 5 bedroom septic permit. Red tape on lot are the approximate lot lines designated by seller not from the official survey. The blue and white survey ribbons mark the proposed driveway starting at the real estate sign. HOA fee is for the private roads and is 150/year and not applicable on vacant lots. Part of sellers driveway is on the lot, the seller will have an attorney draft an easement for this.
Unit Size
-
Days on Market
-
Land Size
4.97 acres
Price per sqft
-
Property Type
Land
Property Taxes
$69
HOA Dues
-
Year Built
-

Listed By

Price History

Date / Event Date Event Price
May 5, 2024 In contract -
In contract
Feb 29, 2024 No longer available -
No longer available
Feb 28, 2024 Price Decreased $350,000
↓ $35K (9.1%)
Price Decreased
Jan 4, 2024 Relisted $385,000
Relisted
Jan 3, 2024 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 215,927
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: GLENCLOSE/GLEN RIDGE
  • Land Acres: 4.957
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: M1-119-GR13 AC 4.95699978 BK 2000 PG 293

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020105

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MB 2000 MP 293
  • Account Number: 56130
  • District: 2
  • Parcel: 0076762
  • Block: 58
  • Municipality: BALDWIN
  • Latitude: 35.8617
  • Longitude: -79.1173

    Address

  • Full Address: 115 Araya Ln
  • Address - House Number: 115
  • Address - Street Name: Araya
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R032
  • 4-Digit Zip Code: 4990
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $829
  • Tax Rate Code Area: 107

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,300,000
  • First Open Lien Mortgage Lender: SELECT BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $1,300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 14, 2051

    Market Valuation

  • Market Total Value: $102,019
  • Market Land Value: $102,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,019
  • Assessed Land Value: $102,019

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chatham


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 115 Araya Lane built and last sold?
The property at 115 Araya Lane was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 115 Araya Lane is $388,850.
What are some comparable homes to 115 Araya Lane?
There are currently no comparable homes to 115 Araya Lane.

Quantcast