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1483 Beecham Way

1483 Beecham Way, Chapel Hill, NC 27517
Property in Downing Creek
Sold Oct 09, 2020
$517,500
$491,625 by Union Home Mortgage Corp
Mortgage Due Nov 01, 2050
Sold Jul 31, 1998
$319,500
$200,000 by Mortgage Choice Inc
Mortgage Due Aug 01, 2013
Local assessors in Chapel Hill, NC have categorized 1483 Beecham Way as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 14,810 square feet. The linear feet between the front and back of the lot was measured at 770 ft and the front of the lot was measured at 770 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1483 Beecham Way has a total of 3,276 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 648 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1483 Beecham Way sold most recently in Oct 1, 2020 for a total of $517,500. If you work out the math, that's approximately a cost of $157.97 per sqft. Before that, the property was also sold for $319,500 in Jul 20, 1998. 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 $5,867 in taxes each year. 1483 Beecham Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $447,897. If we break it down further, the land itself was valued at $80,580. Improvements to the property, however, were assessed at a total of $367,317. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 648
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 770
  • Total Building Area: 3,276
  • Building Area: 3,276
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,276
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOWNING CREEK
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOWNING CREEK/SEC:1/PH:3/ LT#14 PL000119-000136

Ownership

  • Current Owner : KNECHTEL SARA
  • Current Owner 2: ANDRADE JUAN FELIPE
  • Previous Owner : KNECHTEL W TIMOTHY W
  • Previous Owner 2: KNECHTEL DIANA F
  • Owner Before Previous Owner: RYAN MICHAEL F
  • Owner Before Previous Owner 2: RYAN ANNE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 002019

Zoning

  • Zoning: PDR 3.730

Geography

  • Assessors Map Reference: BK 119 PG 136
  • Section: 1
  • Parcel: 142897
  • Lot: 14
  • Municipality: CITY OF DURHAM
  • Latitude: 35.8953
  • Longitude: -78.9996

    Address

  • Full Address: 1483 Beecham Way
  • Address - House Number: 1483
  • Address - Street Name: Beecham
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R018
  • 4-Digit Zip Code: 9420
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,867

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 742,065
  • High Value: 866,862
  • Low Value: 617,268

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $491,625
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 09, 2020
  • First Open Lien Mortgage Loan Amount: $491,625
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $447,897
  • Market Land Value: $80,580
  • Market Improvement Value: $367,317

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,897
  • Assessed Land Value: $80,580
  • Assessed Improvements Value: $367,317

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11792223736
  • Current Sale Price: $517,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020043367
  • Previous Sale Recording Date: Jul 31, 1998
  • Previous Sale Contract Date: Jul 20, 1998
  • Previous Sale Amount: $319,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 09, 2020
  • First Mortgage Loan Amount: $491,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE CHOICE INC
  • Previous Mortgage Transaction Date: Jul 31, 1998
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Aug 01, 2013

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Frequently Asked Questions

What neighborhood is 1483 Beecham Way located in?
The 1483 Beecham Way is a located in the neighborhood of Downing Creek in Downing Creek, Chapel Hill.
What is the average sales price for listings in 1483 Beecham Way?
The average sales price for units in 1483 Beecham Way is $0 currently.

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