See Home Value
Chapel Hill 27514 Ashley Forest
1156 Martin Luther King Jr Boulevard
$278,122*
House - Off Market

1156 Martin Luther King Jr Boulevard

Chapel Hill, NC 27514
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1155 Sqft
$243,000 - $295,000
Reference Base Price*
3.39%
Since Sep 1, 2022
National-US
Primary Model
Sold Oct 25, 2022
$260,000
$175,000 by First Bank
Mortgage
Sold Mar 05, 2021
$190,000
$152,000 by Corporate Investors Mortgage G
Mortgage Due Apr 01, 2051

About This Property

Calling all investors - the numbers work on this one! Great investment opportunity just 2.6 miles from UNC Chapel Hill campus. Currently rented for $1600 per month until May 2023. Two bedroom investment property with a third flex/office space. Comfortable family room opening to large eat-in kitchen and breakfast area. New HVAC and new LVT flooring and carpets throughout (2021); custom cabinetry with granite in kitchen; NO HOA. An easy acquisition to add to your portfolio!

The manager has listed the unit size as 1155 square feet.
Unit Size
1,155Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$233
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1987

Price History

Date / Event Date Event Price
Oct 25, 2022 Sold $260,000
Sold
Aug 29, 2022 No longer available -
No longer available
Aug 23, 2022 Listed $269,000
Listed
Oct 6, 2021 No longer available -
No longer available
Mar 5, 2021 Sold to Jonathan Charney $190,000
Sold to Jonathan Charney
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2002
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,170
  • Gross Building Area: 2,600
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,170
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REB-EL FOREST
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 1 REV REB-EL FOREST P87/103

Ownership

  • Current Owner : BRICKYARD LANDING LLC
  • Previous Owner : CHARNEY JONATHAN
  • Owner Before Previous Owner: BRENNER WILLIAM E
  • Owner Before Previous Owner 2: BRENNER PAMELA D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011904

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 634/390
  • District: 7
  • Parcel: 9789-28-8440
  • Municipality: CHAPEL HILL
  • Latitude: 35.9438
  • Longitude: -79.0575

    Address

  • Full Address: 1156 Martin Luther King Jr Blvd
  • Legal Unit: 1
  • Address - House Number: 1156
  • Address - Street Name: Martin Luther King Jr
  • Address - Suffix Type: Blvd
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C027
  • 4-Digit Zip Code: 5400
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,457
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 71
  • Final Value: 244,021
  • High Value: 295,066
  • Low Value: 192,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2022
  • First Open Lien Mortgage Loan Amount: $175,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $137,700
  • Market Land Value: $50,000
  • Market Improvement Value: $87,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,700
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $87,700

    Sales

  • Current Sale Contract Date: Oct 04, 2022
  • Current Sale Recording Date: Oct 25, 2022
  • Current Sale Transaction ID: 11898326741
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30080508
  • Previous Sale Recording Date: Mar 05, 2021
  • Previous Sale Contract Date: Feb 18, 2021
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Oct 25, 2022
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • Previous Mortgage Transaction Date: Mar 05, 2021
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
2 Beds
1.5 Baths
1,087 ft²
$257/ft²
$279,000 Aug 1, 2023
-
$193/mo
Condo
4 Beds
2 Baths
1,456 ft²
$175/ft²
$255,000 Sep 21, 2023
-
$218/mo

About Ashley Forest


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Frequently Asked Questions

When was property at 1156 Martin Luther King Jr Boulevard built and last sold?
The property at 1156 Martin Luther King Jr Boulevard was built in 1987 and last sold on Oct 4, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 1156 Martin Luther King Jr Boulevard is $265,384.
What are some comparable homes to 1156 Martin Luther King Jr Boulevard?
There are currently no comparable homes to 1156 Martin Luther King Jr Boulevard.

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