Check Availability
$525,000
● House - For Sale

1702 Ferrell Road

Chapel Hill, NC 27517
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,942 Ft²
$3,130
Est. Monthly

About This Property

*Seller is willing to offer a concession toward an interest rate buydown to help reduce the buyer's mortgage payments.*   Move-in ready 5 bedroom 3 bath renovated home. Thoughtful updates, versatile living spaces, and close proximity to the UNC-Chapel Hill campus await in Chapel Hill's desirable Colony Woods neighborhood! This inviting split-level home features a bright living and dining area with beautifully refinished hardwood floors. The updated main kitchen showcases new appliances, quartz countertops, freshly painted cabinetry, and updated hardware. Upstairs, three bedrooms are complemented by two refreshed bathrooms featuring new quartz countertops, fixtures, lighting, and mirrors.  The finished lower level offers additional rooms, a masonry fireplace, a kitchenette, and a separate entrance through the screened porch, providing flexibility for guests, a home office, hobbies, or extended living arrangements. Major improvements include a roof and HVAC replaced in 2023, a former carport converted to a one-car garage with a garage door opener, and a resurfaced driveway and sidewalk. Screened porch and patio improvements, enhanced landscaping, and shed repairs add to the home's appeal.  Enjoy an established neighborhood setting with convenient access to Trader Joe's, Whole Foods Market, and the University of North Carolina at Chapel Hill! With nearby parks, shopping, dining, and everyday amenities, this location offers a wonderful balance of neighborhood charm and convenience. A welcoming home with fresh finishes, flexible living spaces, and room to make it your own!
Unit Size
1,942 Ft²
Days on Market
3 days
Land Size
0.36 acres
Price per sqft
$270
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1967

Listed By

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Last updated: 3 days ago (TMLS #10198278)

Price History

Date / Event Date Event Price
Oct 25, 2026 Relisted $525,000
Relisted
Oct 21, 2026 In contract -
In contract
Oct 14, 2026 Listed by DASH Carolina $525,000
Listed by DASH Carolina
Dec 5, 2025 Sold
Sold
Oct 31, 2025 In contract -
In contract
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Garage Spaces: 1
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Quartz Counters, Smooth Ceilings
Appliances: Dishwasher, Water Heater, Refrigerator, Self Cleaning Oven, Washer/Dryer
Flooring Type: Hardwood, Laminate
Rooms: 1
Has Fireplace
Fireplace Features: Living Room, Masonry, Wood Burning
Basement: Finished
Exterior Details
Square Footage: 1942
Architectural Style: Transitional
Year Built: 1967
Building Area Total: 1942
Levels: Two
Construction Materials: Brick, HardiPlank Type
Lot Size Area: 0.36
Lot Size Units: Acres
Lot Size Acres: 0.36
Lot Size Square Feet: 15682
Water Source: Public
Financial Details
Tax Assessed Value: $514,500
Tax Annual Amount: $6,618
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1992
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 1,904
  • Gross Building Area: 3,896
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY WOODS
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 29 SEC 2 COLONY WOODS P13/137 & STRIP

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: 3826/1
  • District: 7
  • Section: 2
  • Parcel: 9799-74-1613
  • Municipality: CHAPEL HILL
  • Latitude: 35.9338
  • Longitude: -79.0093

    Address

  • Full Address: 1702 Ferrell Rd
  • Address - House Number: 1702
  • Address - Street Name: Ferrell
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C055
  • 4-Digit Zip Code: 2316
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535,754
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 473,649
  • High Value: 564,367
  • Low Value: 382,931

    Market Valuation

  • Market Total Value: $317,700
  • Market Land Value: $135,000
  • Market Improvement Value: $182,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,700
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $182,700

    Sales

  • Current Sale Contract Date: Aug 01, 2005
  • Current Sale Recording Date: Aug 02, 2005
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Colony Woods


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Frequently Asked Questions

When was property at 1702 Ferrell Road built and last sold?
The property at 1702 Ferrell Road was built in 1967 and last sold on Aug 1, 2005 for $235,000.
How much is this home worth?
The estimated value of the home located at 1702 Ferrell Road is $530,250.
What are some comparable homes to 1702 Ferrell Road?
There are currently no comparable homes to 1702 Ferrell Road.

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