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1607 Old Oxford Road

1607 Old Oxford Road, Chapel Hill, NC 27514
Property in Orange
Sold Sep 09, 2020
$217,000
$405,000 by Local Government Fcu
Mortgage Due Apr 01, 2051
1607 Old Oxford Road in Chapel Hill, NC was first built in 2021 and is 3 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1607 Old Oxford Road has 2,548 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. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 2,190. In total, the area measurement of the land is 15,246 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of shingle (not wood). Water for the property is sourced from a municipal system. For those who need parking, there is a carport. The garage is 308 sqft. 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 and being fueled with gas. 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. 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, 1607 Old Oxford Road sold most recently in Sep 4, 2020 for a total of $217,000. If you work out the math, that's approximately a cost of $85.16 per sqft. 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 $7,064 in taxes each year. The initial year of tax delinquency occurred in 2022. 1607 Old Oxford Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $422,500. If we break it down further, the land itself was valued at $170,000. Improvements to the property, however, were assessed at a total of $252,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 2021
  • Effective Year Built: 2021
  • Total Rooms: 10
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 308
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 2,190
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,548
  • Gross Building Area: 3,316
  • Building Area: 2,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,548
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: OLD OXFORD RD P25/169

Ownership

  • Current Owner : DIBENEDETTO THOMAS
  • Current Owner 2: DIBENEDETTO DAWN M
  • Previous Owner : ESTATE OF JOSEPH DONALD ELFORT

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011902

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 17-E-570
  • District: 7
  • Parcel: 9799-06-6065
  • Municipality: CHAPEL HILL
  • Latitude: 35.9375
  • Longitude: -79.0313

    Address

  • Full Address: 1607 Old Oxford Rd
  • Address - House Number: 1607
  • Address - Street Name: Old Oxford
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C029
  • 4-Digit Zip Code: 7518
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,064
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 583,347
  • High Value: 699,207
  • Low Value: 467,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: LOCAL GOVERNMENT FCU
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 366
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $422,500
  • Market Land Value: $170,000
  • Market Improvement Value: $252,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $422,500
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $252,500

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11787213454
  • Current Sale Price: $217,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30029142

    Last Sale Mortgage

  • First Mortgage Lender: LOCAL GOVERNMENT FCU
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 366
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Chapel Hill



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Frequently Asked Questions

What neighborhood is 1607 Old Oxford Road located in?
The 1607 Old Oxford Road is a located in the neighborhood of Orange in Chapel Hill, Chapel Hill.
What is the average sales price for listings in 1607 Old Oxford Road?
The average sales price for units in 1607 Old Oxford Road is $0 currently.

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