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270 Quarter Gate Trace

270 Quarter Gate Trace, Chapel Hill, NC 27516
Sold Nov 06, 2020
$399,000
$359,100 by Corporate Investors Mortgage G
Mortgage Due Dec 01, 2050
Sold Aug 27, 2018
$350,500
$332,557 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2048
270 Quarter Gate Trace 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 2018 and is 6 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 270 Quarter Gate Trace has 2,199 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 3,833 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 B 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, 270 Quarter Gate Trace was last sold in Nov 2, 2020 for $399,000. According to our calculations, that's $181.45 per sqft. Prior to that sales transaction, the property was sold for $350,500 in Aug 27, 2018. Current property owners are expected to pay $3,028 in taxes per year. The property on 270 Quarter Gate Trace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $355,569. To break that down further, the land itself was valued at $87,040. While improvements to the property were assessed at a total of $268,529. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 3
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,833
  • Total Building Area: 2,199
  • Building Area: 2,199
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,199
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIAR CHAPEL 3
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1745 AC 0.088 BK 2017 PG 238

Ownership

  • Current Owner : STERN JACOB P
  • Current Owner 2: STERN JILL G
  • Previous Owner : OSBORNE PRAIRIE
  • Previous Owner 2: OSBORNE SHANE
  • Owner Before Previous Owner: CAROLINA COTTAGE HOMES LLC
  • 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 2017 MP 238
  • Account Number: 1372393
  • District: 2
  • Parcel: 0092284
  • Block: 72
  • Lot: 1745
  • Municipality: BALDWIN
  • Latitude: 35.8172
  • Longitude: -79.1087

    Address

  • Full Address: 270 Quarter Gate Trce
  • Address - House Number: 270
  • Address - Street Name: Quarter Gate
  • Address - Suffix Type: Trce
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R015
  • 4-Digit Zip Code: 9833
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,028
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 573,249
  • High Value: 683,408
  • Low Value: 463,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,100
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Nov 06, 2020
  • First Open Lien Mortgage Loan Amount: $359,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $355,569
  • Market Land Value: $87,040
  • Market Improvement Value: $268,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,569
  • Assessed Land Value: $87,040
  • Assessed Improvements Value: $268,529

    Sales

  • Current Sale Contract Date: Nov 02, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Transaction ID: 11801834036
  • Current Sale Price: $399,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14119
  • Previous Sale Recording Date: Aug 27, 2018
  • Previous Sale Contract Date: Aug 27, 2018
  • Previous Sale Amount: $350,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Nov 06, 2020
  • First Mortgage Loan Amount: $359,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 27, 2018
  • Previous Mortgage Loan Amount: $332,557
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Briar Chapel



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 270 Quarter Gate Trace located in?
The 270 Quarter Gate Trace is a house located in the neighborhood of Briar Chapel in Briar Chapel, Chapel Hill.
What is the average sales price for listings in 270 Quarter Gate Trace?
The average sales price for units in 270 Quarter Gate Trace is $399,000 , or $180/sqft. currently.

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