When was property at 1540 Ferrell Road built and last sold?

The property at 1540 Ferrell Road was built in 1970 and last sold on Mar 12, 2019 for $275,000.

How much is this home worth?

The estimated value of the home located at 1540 Ferrell Road is $0.

What are some comparable homes to 1540 Ferrell Road?

There are currently no comparable homes to 1540 Ferrell Road.

Chapel Hill

27517

Colony Woods

1540 Ferrell Road

Sold on May 29, 2026

Map

$424,000

● House - Off Market

1540 Ferrell Road

Chapel Hill, NC 27517

3 Beds

2 Baths

1,287 Ft²

$2,713

Est. Monthly

About This Property

Have you ever wanted to live in a park? How about a home that not only feels like your own secret garden but actually neighbors Chapel Hill's beloved Ephesus Park.

Leave the car behind and embrace an active, connected lifestyle--jog scenic nature trails, meet friends for pickleball or tennis, or make walking the family to and from school a part of your daily commute.

This hard-to-find brick ranch offers single-level living with wall-to-wall hardwood floors, set on nearly half an acre. A true gardener's dream, the property features custom fenced garden beds, along with the perfect garden shed to support your outdoor passions.

Nestled among the trees, yet still splashed with natural light throughout thanks to multiple skylights.

A cozy fireplace anchors the open flow between the spacious dining area and well-equipped kitchen, complete with granite countertops and a center island.

Unwind outside to a large rear deck--perfect for entertaining or simply relaxing while overlooking shaded backyard and garden.

Home is located in flood plain; please refer to agent documents for additional information.

Unit Size

1,287 Ft²

Days on Market

Land Size

0.44 acres

Price per sqft

$349

Property Type

House

Property Taxes

$508

HOA Dues

Year Built

1970

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Last updated: 6 months ago (TMLS #10154129)

Price History

Date / Event	Date	Event
May 29, 2026	Sold	Premium
Sold
Apr 25, 2026	In contract	-
In contract
Mar 20, 2026	Listed by Corcoran DeRonja Real Estate	$449,000
Listed by Corcoran DeRonja Real Estate
Mar 12, 2019	Sold	Premium
Sold
Feb 20, 2019	Listed by Corcoran DeRonja Real Estate	$269,900
Listed by Corcoran DeRonja Real Estate
Dec 1, 2014	Sold	Premium
Sold

Property Highlights

Parking Available

Air Conditioning

Fireplace

With View

Building Info

Overview

General

Year Built: 1970

Effective Year Built: 1993
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 3
Building Condition: 0
Building Quality: 0
Construction Type: 12
Building Style: 0
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 2
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 19,166

Lot Size Depth Feet: 1,560
Lot Size Frontage Feet: 1,210
Total Building Area: 1,300
Gross Building Area: 2,940
Building Area: 1,300
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 1,300
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: COLONY WOODS
Land Acres: 0000000440
Standard Land Use Code: 1001
County Land Use Code: 1001
Legal Description 1: 1B SEC 2 COLONY WOODS P17/134

Neighborhood

School District Name: Chapel Hill-Carrboro Schools

School Tax School District: CH-CARR SCHOOL
Census Tract: 012101

Zoning

Zoning: R2

Geography

Assessors Map Reference: 5876/1

District: 7
Section: 2
Parcel: 9799-64-1560
Municipality: CHAPEL HILL
Latitude: 35.9334
Longitude: -79.0125

Address

Full Address: 1540 Ferrell Rd

Address - House Number: 1540
Address - Street Name: Ferrell
Address - Suffix Type: Rd
State: NC
City Name: Chapel Hill
Carrier Code: C055
4-Digit Zip Code: 2314
Zip Code: 27517

Valuation

Tax

Tax Year: 2023

Tax Amount: $482,167
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: CHSC,ORAG,

Appraisal Valuation

Standard Deviation: 0.1924

Valuation Date: Oct 11, 2023
Confidence Score: 74
Final Value: 446,408
High Value: 532,306
Low Value: 360,510

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $282,800

Market Land Value: $135,000
Market Improvement Value: $147,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $282,800
Assessed Land Value: $135,000
Assessed Improvements Value: $147,800

Sales

Current Sale Contract Date: Mar 12, 2019

Current Sale Recording Date: Mar 12, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20190312000042020
Previous Sale Recording Date: Dec 01, 2014
Previous Sale Contract Date: Nov 24, 2014
Previous Sale Amount: $198,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Colony Woods

Stats & Trends

Median Asking:

$512,000

Sale Price/ft²

$283

Above Asking

0.00%

Average Days on Market

Average Home Size

1920 ft²

Average Home Age

56.3 years

Currently For Sale

6 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 220 Elizabeth Street, Chapel Hill, NC, 27514

$1,800 /mo

2 Beds
2 Baths
1,083 ft²

220 Elizabeth Street #APTA18, Chapel Hill, NC, 27514 Listing by Javad Neakta

Unit for rent at 904 E Franklin Street, Chapel Hill, NC, 27514

$1,595 /mo

1 Bed
1 Bath
500 ft²

904 E Franklin Street, Chapel Hill, NC, 27514 Listing by Andrew Bennett

Unit for rent at 1102 E Franklin Street, Chapel Hill, NC, 27514

$1,450 /mo

2 Beds
1 Bath
800 ft²

1102 E Franklin Street #A, Chapel Hill, NC, 27514 Listing by Mark Heizer

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Greyson Sargent, Corcoran DeRonja Real Estate
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10154129

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