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1421 Gray Bluff Trail

1421 Gray Bluff Trail, Chapel Hill, NC 27517
Sold Nov 27, 2019
$630,000
$380,000 by United Community Bank
Mortgage Due Dec 01, 2034
Sold Jul 24, 2002
$512,000
$160,000 by Central Carolina Bank
Mortgage Due Aug 01, 2017
1421 Gray Bluff Trail 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 1976 and is 48 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1421 Gray Bluff Trail has 3,729 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 41,818 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary 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 garage for those who require parking. The garage measured 572 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1421 Gray Bluff Trail sold most recently in Nov 21, 2019 for a total of $630,000. If you work out the math, that's approximately a cost of $168.95 per sqft. Before that, the property was also sold for $512,000 in Jul 5, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,217 in taxes each year. The initial year of tax delinquency occurred in 2022. 1421 Gray Bluff Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $603,700. If we break it down further, the land itself was valued at $156,000. Improvements to the property, however, were assessed at a total of $447,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Frame
  • Building Style: Contemporary
  • 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: Garage
  • Garage Square Area: 572
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 3,729
  • Gross Building Area: 5,484
  • Building Area: 3,729
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,729
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARRINGTON HILLS
  • Land Acres: 0.96
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 56 SEC 4 FARRINGTON HILLS P24/15

Ownership

  • Current Owner : CARBO JOSEPH
  • Current Owner 2: CARBO DEBORAH
  • Previous Owner : OLESON JAMES
  • Previous Owner 2: OLESON CAROL
  • Owner Before Previous Owner: RUPP WILLIAM E
  • Owner Before Previous Owner 2: RUPP ELIZABETH S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 012201

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 5978/523
  • District: 7
  • Section: 4
  • Parcel: 9787-69-4486
  • Municipality: CHAPEL HILL
  • Latitude: 35.8919
  • Longitude: -79.0453

    Address

  • Full Address: 1421 Gray Bluff Trl
  • Address - House Number: 1421
  • Address - Street Name: Gray Bluff
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R024
  • 4-Digit Zip Code: 9126
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,217
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,CHFR,

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,034,193
  • High Value: 1,220,569
  • Low Value: 847,817

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Nov 27, 2019
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Dec 01, 2034

    Market Valuation

  • Market Total Value: $603,700
  • Market Land Value: $156,000
  • Market Improvement Value: $447,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $603,700
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $447,700

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Transaction ID: 11708450918
  • Current Sale Price: $630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30011758
  • Previous Sale Recording Date: Jul 24, 2002
  • Previous Sale Contract Date: Jul 05, 2002
  • Previous Sale Amount: $512,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: Nov 27, 2019
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL CAROLINA BANK
  • Previous Mortgage Transaction Date: Jul 24, 2002
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2017

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Frequently Asked Questions

What neighborhood is 1421 Gray Bluff Trail located in?
The 1421 Gray Bluff Trail is a house located in the neighborhood of Farrington Hills in Farrington Hills, Chapel Hill.
What is the average sales price for listings in 1421 Gray Bluff Trail?
The average sales price for units in 1421 Gray Bluff Trail is $0 currently.

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