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303 Quarter Gate Trace

303 Quarter Gate Trace, Chapel Hill, NC 27516
Sold Jun 29, 2023
$585,000
$526,500 by Tidewater Mortgage Services In
Mortgage Due Jul 01, 2053
Sold Dec 12, 2019
$395,000
$387,845 by Homeside Financial Llc
Mortgage Due Jan 01, 2050
Local assessors in Chapel Hill, NC have categorized 303 Quarter Gate Trace as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 5,053 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 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 303 Quarter Gate Trace has a total of 2,261 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. 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, 303 Quarter Gate Trace was last sold in Jun 26, 2023 for $585,000. According to our calculations, that's $258.74 per sqft. Prior to that sales transaction, the property was sold for $395,000 in Nov 14, 2019. Current property owners are expected to pay $3,044 in taxes per year. The property on 303 Quarter Gate Trace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $357,559. To break that down further, the land itself was valued at $89,280. While improvements to the property were assessed at a total of $268,279. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 5,053
  • Total Building Area: 2,261
  • Building Area: 2,261
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,261
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIAR CHAPEL 3
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1648 AC 0.116 BK 2017 PG 104

Ownership

  • Current Owner : BASNET BHOJA RAJ
  • Current Owner 2: POUDEL ASHIMA
  • Previous Owner : WILSON DYLAN GARNER DAVID
  • Previous Owner 2: WILSON SAVANNAH LYN
  • Owner Before Previous Owner: MALIKOWSKI RANDY
  • Owner Before Previous Owner 2: MALIKOWSKI MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

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 104
  • Account Number: 1369296
  • District: 2
  • Parcel: 0091893
  • Block: 72
  • Lot: 1648
  • Municipality: BALDWIN
  • Latitude: 35.8175
  • Longitude: -79.1081

    Address

  • Full Address: 303 Quarter Gate Trce
  • Address - House Number: 303
  • Address - Street Name: Quarter Gate
  • Address - Suffix Type: Trce
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R015
  • 4-Digit Zip Code: 9841
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,044
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 607,617
  • High Value: 742,552
  • Low Value: 472,682

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $526,500
  • First Open Lien Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Open Lien Mortgage Recording Date: Jun 29, 2023
  • First Open Lien Mortgage Loan Amount: $526,500
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $357,559
  • Market Land Value: $89,280
  • Market Improvement Value: $268,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,559
  • Assessed Land Value: $89,280
  • Assessed Improvements Value: $268,279

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Transaction ID: 11908696933
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5737
  • Previous Sale Recording Date: Dec 12, 2019
  • Previous Sale Contract Date: Nov 14, 2019
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Mortgage Transaction Date: Jun 29, 2023
  • First Mortgage Loan Amount: $526,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HOMESIDE FINANCIAL LLC
  • Previous Mortgage Transaction Date: Dec 12, 2019
  • Previous Mortgage Loan Amount: $387,845
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Briar Chapel



Similar Buildings

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Nearby Rentals

Unit for rent at 348 Burkes Farm Drive, Pittsboro, NC, 27312

$2,048 /mo

  • 5 Beds
  • 3 Baths
  • 2,400 ft²
348 Burkes Farm Drive, Pittsboro, NC, 27312 Listing by Philip Guin

Frequently Asked Questions

What neighborhood is 303 Quarter Gate Trace located in?
The 303 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 303 Quarter Gate Trace?
The average sales price for units in 303 Quarter Gate Trace is $0 currently.

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