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18 Mountain Laurel

18 Mountain Laurel, Chapel Hill, NC 27517
Sold Sep 15, 2020
$158,000
$475,000 by First National Bank Of Pennsyl
Mortgage Due Apr 01, 2052
Sold Dec 13, 2002
$5,500
18 Mountain Laurel 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 2021 and is 3 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 18 Mountain Laurel has 3,333 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 19,079 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 18 Mountain Laurel was last sold in Sep 11, 2020 for $158,000. According to our calculations, that's $47.40 per sqft. Prior to that sales transaction, the property was sold for $5,500 in Dec 13, 2002. Current property owners are expected to pay $5,156 in taxes per year. The property on 18 Mountain Laurel was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $617,363. To break that down further, the land itself was valued at $161,775. While improvements to the property were assessed at a total of $455,588. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction

Parking

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

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,079
  • Total Building Area: 3,333
  • Building Area: 3,333
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,333
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESERVE AT JORDAN LAKE
  • Land Acres: 0.438
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N3-20-316F AC 0.43799999 BK 2001 PG 300

Ownership

  • Current Owner : BROWN JEFFREY D
  • Current Owner 2: BROWN ELLEN A
  • Previous Owner : BRYANT JOHNNIE J
  • Owner Before Previous Owner: BRYANT JOHNNIE J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020104

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 2001 MP 300
  • Account Number: 1371944
  • District: 13
  • Parcel: 0077469
  • Block: 39
  • Municipality: WILLIAMS
  • Latitude: 35.7812
  • Longitude: -79.0575

    Address

  • Full Address: 18 Mountain Laurel
  • Address - House Number: 18
  • Address - Street Name: Mountain Laurel
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R009
  • 4-Digit Zip Code: 9390
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,156
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 920,171
  • High Value: 1,147,220
  • Low Value: 693,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $475,000
  • First Open Lien Mortgage Term: 372
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $617,363
  • Market Land Value: $161,775
  • Market Improvement Value: $455,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,363
  • Assessed Land Value: $161,775
  • Assessed Improvements Value: $455,588

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Transaction ID: 11789203189
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11323
  • Previous Sale Recording Date: Dec 13, 2002
  • Previous Sale Contract Date: Dec 13, 2002
  • Previous Sale Amount: $5,500
  • Previous Sale Document Type: Warranty Deed

About The Preserve



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Nearby Rentals

Unit for rent at

$1,650 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 18 Mountain Laurel located in?
The 18 Mountain Laurel is a house located in the neighborhood of The Preserve in The Preserve, Chapel Hill.
What is the average sales price for listings in 18 Mountain Laurel?
The average sales price for units in 18 Mountain Laurel is $0 currently.

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