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221 Schultz Street

221 Schultz Street, Chapel Hill, NC 27514
Property in Kensington Trace
Sold May 10, 2006
$105,000
$75,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2036
Local assessors in Chapel Hill, NC have categorized 221 Schultz Street as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 43,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 221 Schultz Street has a total of 1,152 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. The home sources its water from a municipal system. The building has a gable style roof that was made of shingle (not wood). Lots of materials we are unsure of 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. The property was last sold in May 9, 2006 for $105,000. That's $91.15 per sqft. 221 Schultz Street was last assessed in 2023. The total value of the property was assessed at $117,400. While improvements on the property were assessed at a total of $117,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,084. The initial tax year of delinquency was in 2022. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1990
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Condo
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,152
  • Gross Building Area: 1,824
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON TRACE CONDOMINIUMS
  • Land Acres: 1
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: #30A KENSINGTON TRACE P40/116

Ownership

  • Current Owner : WENG VICTOR
  • Previous Owner : PRUETT KENNETH
  • Previous Owner 2: PRUETT CINDY

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011207

Zoning

  • Zoning: OI2

Geography

  • Assessors Map Reference: 4025/75
  • District: 7
  • Parcel: 9880-56-7003.088
  • Municipality: CHAPEL HILL
  • Latitude: 35.9657
  • Longitude: -79.0484

    Address

  • Full Address: 221 Schultz St
  • Legal Unit: 30
  • Address - House Number: 221
  • Address - Street Name: Schultz
  • Address - Suffix Type: St
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C024
  • 4-Digit Zip Code: 1507
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,084
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 70
  • Final Value: 226,026
  • High Value: 274,497
  • Low Value: 177,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 10, 2006
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $117,400
  • Market Improvement Value: $117,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,400
  • Assessed Improvements Value: $117,400

    Sales

  • Current Sale Contract Date: May 09, 2006
  • Current Sale Recording Date: May 10, 2006
  • Current Sale Transaction ID: 1000659820
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 10, 2006
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jun 01, 2036

About Kensington Trace



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Frequently Asked Questions

What neighborhood is 221 Schultz Street located in?
The 221 Schultz Street is a located in the neighborhood of Kensington Trace in Kensington Trace, Chapel Hill.
What is the average sales price for listings in 221 Schultz Street?
The average sales price for units in 221 Schultz Street is $0 currently.

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