120 Ridge Trail

120 Ridge Trail in Chapel Hill, NC was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 120 Ridge Trail has 1,446 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 1,742 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of shingle (not wood). Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 120 Ridge Trail was last sold in Jul 1, 2020 for $230,000. According to our calculations, that's $159.06 per sqft. Prior to that sales transaction, the property was sold for $190,500 in Mar 20, 2020. Current property owners are expected to pay $3,690 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 120 Ridge Trail was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $216,600. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $146,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.