When was property at 305 Old School Road built and last sold?

The property at 305 Old School Road was built in 2017 and last sold on Aug 3, 2021 for $411,000.

How much is this home worth?

The estimated value of the home located at 305 Old School Road is $454,904.

What are some comparable homes to 305 Old School Road?

There are currently no comparable homes to 305 Old School Road.

Orange

27516

305 Old School Road

$440,000

● House - Off Market

305 Old School Road

Chapel Hill, NC 27516

3 Beds

2 Baths

1,337 Ft²

$2,538

Est. Monthly

4.75%

Cap Rate

About This Property

Escape to this charming one-story home nestled on 2 acres of quiet, quaint land. Enjoy evenings around the fire pit or relax on the large deck overlooking the beautifully landscaped yard. This home features 3 bedrooms, 2 full baths, and a separate shed with electricity and A/C perfect for a creative escape. The kitchen boasts granite countertops and stainless steel appliances. The property is located in the highly sought-after Chapel Hill/Carrboro city school district. Don't miss out on this peaceful retreat!

Unit Size

1,337 Ft²

Days on Market

Land Size

2.00 acres

Price per sqft

$344

Property Type

House

Property Taxes

$279

HOA Dues

Year Built

2017

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #10099603)

Price History

Date / Event	Date	Event
Jul 28, 2025	Sold	Premium
Sold
Jul 12, 2025	In contract	-
In contract
Jun 28, 2025	Price Decreased	$460,000 ↓ $25K (5.2%)
Price Decreased
May 27, 2025	Listed by Long & Foster Real Estate INC	$485,000
Listed by Long & Foster Real Estate INC
Aug 23, 2021	Sold	Premium
Sold
Jun 29, 2021	Listed by Long & Foster Real Estate INC	$349,000
Listed by Long & Foster Real Estate INC
Aug 31, 2016	Sold	Premium
Sold

Property Highlights

Parking Available

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2017

Effective Year Built: 2017
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 15
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 100
Living Units: 1
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: 87,120

Total Building Area: 1,326
Gross Building Area: 3,490
Building Area: 1,326
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 1,326
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000002000
Standard Land Use Code: 1001
County Land Use Code: 1001
Legal Description 1: 1 REC BILL NEWNAM & JOHN COFFEY P111/18

Neighborhood

School District Name: Chapel Hill-Carrboro Schools

School Tax School District: CH-CARR SCHOOL
Census Tract: 010710

Geography

Assessors Map Reference: 6182/220

District: 7
Parcel: 9767-68-0432
Municipality: CHAPEL HILL
Latitude: 35.8887
Longitude: -79.1144

Address

Full Address: 305 Old School Rd

Address - House Number: 305
Address - Street Name: Old School
Address - Suffix Type: Rd
State: NC
City Name: Chapel Hill
Carrier Code: R005
4-Digit Zip Code: 9387
Zip Code: 27516

Valuation

Tax

Tax Year: 2023

Tax Amount: $341,342
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: CHSC,SOFR,

Appraisal Valuation

Standard Deviation: 0.1646

Valuation Date: Oct 11, 2023
Confidence Score: 79
Final Value: 483,253
High Value: 562,829
Low Value: 403,676

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $291,000

Market Land Value: $79,700
Market Improvement Value: $211,300

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $291,000
Assessed Land Value: $79,700
Assessed Improvements Value: $211,300

Sales

Current Sale Contract Date: Aug 03, 2021

Current Sale Recording Date: Aug 23, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 30055311
Previous Sale Recording Date: Aug 31, 2016
Previous Sale Contract Date: Aug 29, 2016
Previous Sale Amount: $44,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Orange

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$264

Below Asking

0.03%

Average Days on Market

Average Home Size

2320 ft²

Average Home Age

30.1 years

Currently For Sale

519 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 400 Davie Road, Carrboro, NC, 27510

$1,495 /mo

2 Beds
1 Bath
1,050 ft²

400 Davie Road #8, Carrboro, NC, 27510 Listing by Andrew Bennett

Unit for rent at 337 Rose Walk Lane, Carrboro, NC, 27510

$2,550 /mo

3 Beds
2 Baths
2,285 ft²

337 Rose Walk Lane, Carrboro, NC, 27510 Listing by Andrew Bennett

Unit for rent at 342 Rose Walk Lane, Carrboro, NC, 27510

$2,800 /mo

4 Beds
4 Baths
3,230 ft²

342 Rose Walk Lane, Carrboro, NC, 27510 Listing by Ryan Fitzgerald

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Chondra Mason, Long & Foster Real Estate INC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10099603

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

305 Old School Road

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Orange

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions