See Home Value
Orange 27516
248 Abbot Place
$1,025,000
● House - Off Market

248 Abbot Place

Chapel Hill, NC 27516
bedrooms
7 Beds
bathrooms
5 Baths
square feet
4,729 Ft²
$6,139
Est. Monthly
$80
HOA / Fees

About This Property

Welcome to your dream home in northern Chapel Hill, minutes from downtown and Carrboro! This solar-powered sanctuary boasts 7 bedrooms, 5 bathrooms, and a host of desirable features that make it the perfect blend of luxury and sustainability.

As you step inside, you'll be greeted by an abundance of natural light pouring through the large windows, highlighting the beautiful hardwood floors and creating a warm, inviting atmosphere. The spacious design offers multiple living areas, providing ample space for both relaxation and entertainment.

A well-appointed kitchen is a chef's delight, equipped with top-of-the-line appliances, large pantry, and a layout that seamlessly combines style and functionality. Whether it's a casual family meal or a grand dinner party, this open concept is primed to meet all your needs.

The 7 bedrooms provide flexibility for families of all sizes and their guests. Envision yourself retreating each evening to the owner's suite, complete with a large soaking tub, 2 generous walk-in closets, and private sitting area.  An additional suite, located in the light filled walk out basement, also offers the opportunity for multi-generational living.

Step outside to the well-manicured backyard, where you'll find a tranquil oasis perfect for enjoying the Carolina sunshine or hosting gatherings with loved ones. The screened porch offers a bug-free space to enjoy the outdoors, adding to the home's allure.

This home is not only impeccably kept but also environmentally conscious, featuring solar panels and a Tesla Powerwall that significantly reduces the home's carbon footprint and energy costs, as well as providing backup power during outages. Embrace sustainable living without compromise.

Located within the highly sought-after Chapel Hill Carrboro City Schools district, this home offers access to top-rated educational opportunities, making it an ideal choice for those prioritizing education.

For outdoor enthusiasts, the Greene Tract and Carolina North are just minutes from your front door, providing hiking and mountain biking opportunities.

This home truly encapsulates the best of Chapel Hill living, with its seamless blend of modern comforts, sustainability, and timeless elegance. Don't miss the opportunity to make this your new home sweet home.
Unit Size
4,729 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$211
Property Type
House
Property Taxes
$1,148
HOA Dues
$80
Year Built
2019

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (TMLS #10046949)

Price History

Date / Event Date Event Price
Sep 17, 2024 Sold
Sold
Aug 27, 2024 In contract -
In contract
Aug 22, 2024 Price Decreased $1,000,000
↓ $200K (16.7%)
Price Decreased
Aug 15, 2024 Listed by Compass -- Chapel Hill - Durham $1,200,000
Listed by Compass -- Chapel Hill - Durham
Oct 6, 2021 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,856
  • Building Area: 4,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,856
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHANDLER WOODS SUBDIVISION
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 33 PH 1 CHANDLER WOODS P119/105-108

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011208

Geography

  • Subdivision Phase Number: 1
  • Parcel: 9870-71-7707
  • Municipality: CHAPEL HILL TWP
  • Latitude: 35.9529
  • Longitude: -79.0741

    Address

  • Full Address: 248 Abbot Pl
  • Address - House Number: 248
  • Address - Street Name: Abbot
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R039
  • 4-Digit Zip Code: 6257
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,402,520
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 80
  • Final Value: 1,206,280
  • High Value: 1,394,550
  • Low Value: 1,018,010

    Market Valuation

  • Market Total Value: $858,300
  • Market Land Value: $85,000
  • Market Improvement Value: $773,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $858,300
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $773,300

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 30058552
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 Orange


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 216 Greene Street, Chapel Hill, NC, 27516

$2,800 /mo

  • 4 Beds
  • 2 Baths
216 Greene Street #A, Chapel Hill, NC, 27516 Listing by Bennett Robinson
Unit for rent at 311 Columbia Place E, Chapel Hill, NC, 27516

$5,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,512 ft²
311 Columbia Place E, Chapel Hill, NC, 27516 Listing by Wendy Thompson
Unit for rent at 500 Umstead Drive, Chapel Hill, NC, 27516

$1,250 /mo

  • 2 Beds
  • 2 Baths
500 Umstead Drive, Chapel Hill, NC, 27516 Listing by Casey Ifedi


Frequently Asked Questions

When was property at 248 Abbot Place built and last sold?
The property at 248 Abbot Place was built in 2019 and last sold on Oct 6, 2021 for $900,000.
How much is this home worth?
The estimated value of the home located at 248 Abbot Place is $1,010,000.
What are some comparable homes to 248 Abbot Place?
There are currently no comparable homes to 248 Abbot Place.