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297 Legend Oaks Drive

297 Legend Oaks Drive, Chapel Hill, NC 27517
Property in Legend Oaks
Sold Dec 29, 2021
$711,000
$497,535 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2052
297 Legend Oaks Drive in Chapel Hill, NC was first built in 2021 and is 3 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 297 Legend Oaks Drive has 4,500 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 101,582 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 297 Legend Oaks Drive sold most recently in Dec 29, 2021 for a total of $711,000. If you work out the math, that's approximately a cost of $158.00 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,709 in taxes each year. 297 Legend Oaks Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $685,345. If we break it down further, the land itself was valued at $128,383. Improvements to the property, however, were assessed at a total of $556,962. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 101,582
  • Total Building Area: 4,500
  • Building Area: 4,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEGEND OAKS
  • Land Acres: 2.332
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 AC 2.33200002 BK 2008 PG 106

Ownership

  • Current Owner : WEITZEL SLOAN
  • Current Owner 2: WEITZEL GRACE
  • Previous Owner : LEGEND OAKS PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020103

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 2008 MP 106
  • Account Number: 1377394
  • District: 13
  • Parcel: 0087029
  • Block: 40
  • Lot: 5
  • Municipality: WILLIAMS
  • Latitude: 35.8395
  • Longitude: -79.0848

    Address

  • Full Address: 297 Legend Oaks Dr
  • Address - House Number: 297
  • Address - Street Name: Legend Oaks
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R007
  • 4-Digit Zip Code: 6153
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,709
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 71
  • Final Value: 1,107,299
  • High Value: 1,339,137
  • Low Value: 875,462

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $497,535
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $497,535
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $685,345
  • Market Land Value: $128,383
  • Market Improvement Value: $556,962

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $685,345
  • Assessed Land Value: $128,383
  • Assessed Improvements Value: $556,962

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Transaction ID: 11876334438
  • Current Sale Price: $711,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19843

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 29, 2021
  • First Mortgage Loan Amount: $497,535
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Legend Oaks



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Frequently Asked Questions

What neighborhood is 297 Legend Oaks Drive located in?
The 297 Legend Oaks Drive is a located in the neighborhood of Legend Oaks in Legend Oaks, Chapel Hill.
What is the average sales price for listings in 297 Legend Oaks Drive?
The average sales price for units in 297 Legend Oaks Drive is $0 currently.

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