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1246 Hillsborough Road

1246 Hillsborough Road, Chapel Hill, NC 27516
Sold Jun 02, 2020
$601,000
$425,000 by Corporate Investors Mortgage G
Mortgage Due Jul 01, 2035
1246 Hillsborough 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 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1246 Hillsborough Road has 3,376 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 50,965 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 550 sqft. 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 frame 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. There is a single fireplace in the home. Perfect for those wintery 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, 1246 Hillsborough Road was last sold in May 13, 2020 for $601,000. According to our calculations, that's $178.02 per sqft. Current property owners are expected to pay $9,626 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1246 Hillsborough Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $568,100. To break that down further, the land itself was valued at $129,800. While improvements to the property were assessed at a total of $438,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2005
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 50,965
  • Total Building Area: 3,376
  • Gross Building Area: 7,153
  • Building Area: 3,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,376
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 3 NEW DIMENSIONS CONST P81/75

Ownership

  • Current Owner : REVIERE ROBERT
  • Current Owner 2: REVIERE LESA
  • Previous Owner : KENNEDY JERRE
  • Previous Owner 2: JOYCE JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 010706

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 3496/263
  • District: 7
  • Parcel: 9779-14-8579
  • Municipality: CHAPEL HILL
  • Latitude: 35.9334
  • Longitude: -79.0949

    Address

  • Full Address: 1246 Hillsborough Rd
  • Legal Unit: 3
  • Address - House Number: 1246
  • Address - Street Name: Hillsborough
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R021
  • 4-Digit Zip Code: 8712
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,626
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 897,988
  • High Value: 1,042,878
  • Low Value: 753,098

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Loan Amount: $425,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $568,100
  • Market Land Value: $129,800
  • Market Improvement Value: $438,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,100
  • Assessed Land Value: $129,800
  • Assessed Improvements Value: $438,300

    Sales

  • Current Sale Contract Date: May 13, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11764595988
  • Current Sale Price: $601,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30022197

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Jun 02, 2020
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

About Horne Hollow



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Nearby Rentals

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$2,400 /mo

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$2,400 /mo

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$2,500 /mo

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$2,500 /mo

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Frequently Asked Questions

What neighborhood is 1246 Hillsborough Road located in?
The 1246 Hillsborough Road is a house located in the neighborhood of Horne Hollow in Horne Hollow, Chapel Hill.
What is the average sales price for listings in 1246 Hillsborough Road?
The average sales price for units in 1246 Hillsborough Road is $660,000 , or $198/sqft. currently.

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