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118 Barclay Road

118 Barclay Road, Chapel Hill, NC 27516
Property in Elkin Hills
Sold May 27, 2022
$480,000
Sold Mar 21, 2017
$235,000
$188,000 by Sun Trust Mortgage Inc
Mortgage Due Apr 01, 2032
118 Barclay Road has been categorized by the local assessors in Chapel Hill, NC as a residential type of property. The building on the property was first built in 1979 and is 45 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 118 Barclay Road has 1,318 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,050 ft and across the front of the lot is 1,370 ft. The area measurement of the land has been determined as 15,682 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of materials we are unsure of. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 118 Barclay Road was last sold in May 25, 2022 for $480,000. According to our calculations, that's $364.19 per sqft. Prior to that sales transaction, the property was sold for $235,000 in Mar 8, 2017. Current property owners are expected to pay $4,697 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 118 Barclay Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $277,200. To break that down further, the land itself was valued at $140,000. While improvements to the property were assessed at a total of $137,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Masonry
  • 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: 15,682
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 1,370
  • Total Building Area: 1,318
  • Gross Building Area: 2,812
  • Building Area: 1,318
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,318
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ELKIN HILL
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 1-2 & TRIANGULAR LOT BL B ELKIN HILL P4/122

Ownership

  • Current Owner : LEUNG HING
  • Current Owner 2: HON MIU BAR
  • Previous Owner : DANIEL MOORE SCOTT
  • Previous Owner 2: CROWELL JEAN
  • Owner Before Previous Owner: KRUMPER JENNIFER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011800

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 6278/72
  • District: 7
  • Parcel: 9789-33-1338
  • Municipality: CHAPEL HILL
  • Latitude: 35.9301
  • Longitude: -79.0569

    Address

  • Full Address: 118 Barclay Rd
  • Address - House Number: 118
  • Address - Street Name: Barclay
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C009
  • 4-Digit Zip Code: 1403
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,697
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 474,802
  • High Value: 567,145
  • Low Value: 382,459

    Market Valuation

  • Market Total Value: $277,200
  • Market Land Value: $140,000
  • Market Improvement Value: $137,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,200
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $137,200

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Transaction ID: 11890846712
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30073163
  • Previous Sale Recording Date: Mar 21, 2017
  • Previous Sale Contract Date: Mar 08, 2017
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 27, 2022
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SUN TRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 21, 2017
  • Previous Mortgage Loan Amount: $188,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2032

About Elkin Hills



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Frequently Asked Questions

What neighborhood is 118 Barclay Road located in?
The 118 Barclay Road is a located in the neighborhood of Elkin Hills in Elkin Hills, Chapel Hill.
What is the average sales price for listings in 118 Barclay Road?
The average sales price for units in 118 Barclay Road is $0 currently.

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