Check Availability
$473,000 - $577,000
House - In Contract

259 Tobacco Farm Way

Chapel Hill, NC 27516
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2065 Sqft
Sold Aug 23, 2021
$440,000
$352,000 by Towne Bank Mortgage
Mortgage Due Sep 01, 2051
Sold Jun 14, 2021
$402,000

About This Property

Charming Home in Briar Chapel! Built in 2013 by Saussy Burbank, the Teague Floor Plan. New LVP flooring on 1st floor, 2nd floor, and Stairs. Kitchen offers Stainless Appliances, Granite Counters, Cabinets with Crown, Recessed Lights, Center island with a Sink and Bar Seating, Pantry, and a Door to the Back Patio. Open Concept Dining Room. Family Room features a Gas Fireplace with Side Bookcases and a Ceiling Fan with Light. Office/Flex Space. 2nd Floor Loft. Owners Bedroom has a Walk-in Closet, Ceiling Fan with Light, Double Vanity, Tiled Shower, and Soaker Tub. Two Secondary Bedrooms, Hall Bath, and Laundry Closet. Covered Front Porch, Covered Back Patio, Exterior Storage Closet, and a Detached Garage. Briar Chapel Amenities include a Clubhouse/Fitness Center, Community Pool, Tennis Courts, Playground, Various Parks, Trails, and Dog Park. Close to downtown Chapel Hill, UNC-Chapel Hill University, North Chatham Village Shopping & Restaurants, Jordan Lake and easy access to US 15-501, US-64, and I-40!

The manager has listed the unit size as 2065 square feet.
Unit Size
2,065Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$254
Property Type
House
Property Taxes
$209
HOA Dues
$158
Year Built
2013

Price History

Date / Event Date Event Price
Mar 29, 2024 In contract -
In contract
Feb 16, 2024 Listed $525,000
Listed
Aug 23, 2021 Sold to Jinwook Kim, Mikyung Sung $440,000
Sold to Jinwook Kim, Mikyung Sung
Jul 25, 2021 No longer available -
No longer available
Jul 9, 2021 Price Decreased $445,000
↓ $12K (2.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIAR CHAPEL 1
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 170 AC 0.07 BK 2010 PG 151

Ownership

  • Current Owner : KIM JINWOOK
  • Current Owner 2: SUNG MIKYUNG
  • Previous Owner : OPENDOOR PROPERTY TRUST I
  • Owner Before Previous Owner: SULLIVAN KRISTEN ARLENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020105

Zoning

  • Zoning: CUD-CC

Geography

  • Assessors Map Reference: MB 2010 MP 151
  • Account Number: 1375682
  • District: 2
  • Parcel: 0086560
  • Block: 76
  • Lot: 170
  • Municipality: BALDWIN
  • Latitude: 35.8286
  • Longitude: -79.1101

    Address

  • Full Address: 259 Tobacco Farm Way
  • Address - House Number: 259
  • Address - Street Name: Tobacco Farm
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R015
  • 4-Digit Zip Code: 8420
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,506
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 527,829
  • High Value: 648,389
  • Low Value: 407,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,000
  • First Open Lien Mortgage Lender: TOWNE BANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Loan Amount: $352,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $291,360
  • Market Land Value: $48,000
  • Market Improvement Value: $243,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,360
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $243,360

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Transaction ID: 11850786254
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12951
  • Previous Sale Recording Date: Jun 14, 2021
  • Previous Sale Contract Date: Jun 11, 2021
  • Previous Sale Amount: $402,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE BANK MORTGAGE
  • First Mortgage Transaction Date: Aug 23, 2021
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,847 ft²
$244/ft²
$450,000 Jan 11, 2024
-
$377/mo
House
2 Beds
2.5 Baths
1,544 ft²
$288/ft²
$445,000 Mar 20, 2024
-
$355/mo
House
3 Beds
3.5 Baths
-
$479,900 Feb 12, 2024
-
$27,725/mo
House
3 Beds
2.5 Baths
-
$560,000 Mar 28, 2024
-
$32,756/mo

About Briar Chapel


Similar Homes for Sale

Unit for sale at 108 Owen Towne Road, Chapel Hill, NC 27516

$560,000

  • 3 Beds
  • 2.5 Baths
108 Owen Towne Road, Chapel Hill, NC 27516 Listing by Chad Lloyd

Nearby Rentals

Unit for rent at 70 Cole Place, Chapel Hill, NC, 27517

$1,795 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,355 ft²
70 Cole Place #B, Chapel Hill, NC, 27517 Listing by Philip Guin


Frequently Asked Questions

When was property at 259 Tobacco Farm Way built and last sold?
The property at 259 Tobacco Farm Way was built in 2013 and last sold on Aug 20, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 259 Tobacco Farm Way is $524,302.
What are some comparable homes to 259 Tobacco Farm Way?
Homes that are comparable to 259 Tobacco Farm Way include a house property at 108 Owen Towne Road, 799 Great Ridge Parkway, 837 Great Ridge Parkway.

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