See Home Value
$885,000
● House - Off Market

317 Reade Road

Chapel Hill, NC 27516
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,737 Ft²
$4,912
Est. Monthly
2.86%
Cap Rate

About This Property

It's finally here: your dream home in Colonial Heights that's been fully remodeled with care & intention. This Belle of the Ball styled home is in a Fairytale Dream location, just a stone's throw from Franklin Street & UNC. In this whole home remodel, walls were moved, spaces reimagined and a dream kitchen has come to life. If you noticed this home in its former state back in 2022, you're going to want to take another look: you won't believe your eyes. More than the simple wave of a magic wand, the renovation plans were thoroughly considered, and the permitted & inspected work was all performed by real humans who are licensed in their trades.

With good bones and beautiful floors still intact, the sellers opened up and recreated a home that functions for the way we live today. Besides a freshly painted exterior, new doors, trim & lighting, the owners added new matching oak flooring for a cohesive look and feel throughout the entire home. The wall between the former living room and den was removed to create a combined living and dining area that spans the entire depth of the house, front to back. A stylishly functional office encloses the original dining room with a set of glass French doors; built-in cabinetry was installed to offer plenty of storage.

Light and life dance abundantly in the new heart of this home: the beautifully finished kitchen. Open to the family room and an informal dining space, this is everyone's new favorite gathering spot. Now three times its original size, the kitchen offers space to cook, to eat, to connect, and to play games & chat late into the night. New cabinetry, new larger windows, Cafe series appliances, a Bosch dishwasher, custom concrete countertops, and  Calacatta marble tile are just a few of the features found here.

The result of this thoughtful transformation is a home that lives much larger than its 2,737 sf suggests: the spaces are now big enough to throw a party for 40 of your closest friends without breaking a sweat. It's made to host dinner parties, backyard barbecues, and anyone who needs to live all on one floor.

In grand style, the owners converted the former sun room at the back of the house into the new primary suite.  This bedroom's vaulted ceiling, full windows, and back patio access creates a retreat that is sure to make ''Staycation'' your favorite verb. This suite is flanked by an enchanted wardrobe style walk-in closet & a dreamy new primary bath. The former primary bedroom is still a formidable suite: walls were moved to make way for a walk-in closet and larger bathroom, but the door to the private deck out back is still intact, leaving the house with not one but two owner-worthy suites.

A newly-added mud room with stacked washer & dryer has built-in cabinets with enough space to accommodate all the coats, shoes, sports equipment, pool toys, rain gear & pet supplies that never really have a proper place to live. Eat your heart out, Marie Kondo.

Live worry free: the roof was replaced in 2022, the water heater is tankless, and there's a whole house generator, so you can be the go-to house for a hot meal & neighborhood party when the power goes out.

Is there seriously more? Yes, there is: a detached studio with slate roof is used as a micro-commute second office. The backyard was fenced in and completely remodeled with landscaping and hardscaping as well as a new chicken coop, garden shed, and raised beds to offer an outside experience as enjoyable as the indoors. Best of all: an Exchange Club Pool Membership conveys with the house, so you can skip that years-long-wait list.

The owner's plan was to build their forever home, but their unexpected move offers a serendipitous treasure to the next lucky owners: a house where EVERYTHING has been done for you. Could you imagine another project you might want to tackle? Perhaps, but with a place this dreamy, why not just sit back and live happily ever after?
Unit Size
2,737 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$320
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1964

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Last updated: 2 years ago (TMLS #10108583)

Price History

Date / Event Date Event Price
Aug 20, 2025 Sold
Sold
Jul 23, 2025 In contract -
In contract
Jul 10, 2025 Listed by Hillsborough Real Estate Group $875,000
Listed by Hillsborough Real Estate Group
Jun 9, 2022 Sold
Sold
Apr 29, 2022 Listed by Hillsborough Real Estate Group $645,000
Listed by Hillsborough Real Estate Group
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2000
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,180
  • Total Building Area: 2,736
  • Gross Building Area: 6,000
  • Building Area: 2,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,736
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEBROOK
  • Land Acres: 0000000610
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 61 PINEBROOK ESTATES P8/57

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011800

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 250/1910
  • District: 7
  • Parcel: 9789-11-8497
  • Municipality: CHAPEL HILL
  • Latitude: 35.9247
  • Longitude: -79.061

    Address

  • Full Address: 317 Reade Rd
  • Address - House Number: 317
  • Address - Street Name: Reade
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C009
  • 4-Digit Zip Code: 1509
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $718,077
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 637,006
  • High Value: 746,638
  • Low Value: 527,375

    Market Valuation

  • Market Total Value: $425,400
  • Market Land Value: $140,000
  • Market Improvement Value: $285,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,400
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $285,400

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30073891
  • Previous Sale Recording Date: Jul 01, 1974
  • Previous Sale Contract Date: Jul 01, 1974
  • Previous Sale Amount: $22,800
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pinebrook Estates


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Frequently Asked Questions

When was property at 317 Reade Road built and last sold?
The property at 317 Reade Road was built in 1964 and last sold on Jun 7, 2022 for $620,000.
How much is this home worth?
The estimated value of the home located at 317 Reade Road is $0.
What are some comparable homes to 317 Reade Road?
There are currently no comparable homes to 317 Reade Road.

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