See Home Value
Orange 27514
3424 Forest Oaks Drive
$1,058,000 - $1,292,000
House - Off Market

3424 Forest Oaks Drive

Chapel Hill, NC 27514
bedrooms
5 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
4862 Sqft
Sold Aug 27, 2021
$950,000
$700,000 by Flagstar Bank Fsb
Mortgage Due Sep 01, 2051
Sold May 19, 2000
$240,800
Buyer

About This Property

This luxurious home is situated on over 3+ acres of pristine woodland with a serene landscaped yard.  As you approach this lovely home in the prestigious North Hill subdivision, you are welcomed by a circular driveway that provides a grand entrance, while the meticulously landscaped grounds offer a haven for the home.  The inviting front porch with a surround of French doors is the perfect place to relax and admire the beauty of blossoming trees and lush landscaping.  This home boasts 5 bedrooms, 5 bathrooms, an office, a bonus room, a sunroom with jacuzzi, and a fully heated and cooled workshop or garden shed.  The Owner's Suite closet is every person's desire for a closet - a huge walk-in closet and so spacious.  The Dining Room and Living Room have French Doors that open out to the front porch.  The Family Room is spacious and has a great view of the Sunroom and yard.  The third floor hosts the 5th bedroom, full bathroom, office, and bonus room - a total of 1167 sq. ft. It is the perfect place if you are working from home, pursuing hobbies, seeking a quiet retreat, or need Multi-generational living.  The home is located in the desirable East Chapel Hill High School zone.  Its convenient proximity to the area's finest shopping, dining, and cultural attractions is an extra plus.  It is minutes from UNC Chapel Hill, Duke University, RTP, and RDU.  The roof was replaced in 2018.  All new fuel-efficient Trane HVACs were installed in 2022 that serve the first and second floors.  A new water softener system was installed in 2022. The cooking range and the HVAC on the first floor are serviced by natural gas. The fireplace, outdoor grill, and workshop are serviced by propane (leased).  The yard has an Invisible fence and sprinkler system. The house is fully wired for the local area network.

The manager has listed the unit size as 4862 square feet.
Unit Size
4,862Ft²
Days on Market
-
Land Size
3.12 acres
Price per sqft
$242
Property Type
House
Property Taxes
$799
HOA Dues
$695
Year Built
1999

Price History

Date / Event Date Event Price
Apr 20, 2024 No longer available -
No longer available
Mar 26, 2024 In contract -
In contract
Mar 21, 2024 Listed $1,175,000
Listed
Oct 6, 2021 No longer available -
No longer available
Aug 27, 2021 Sold to Joohee Ahn, Joon Young Kang $950,000
Sold to Joohee Ahn, Joon Young Kang
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2010
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 675
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 135,907
  • Total Building Area: 4,893
  • Gross Building Area: 8,900
  • Building Area: 4,893
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,893
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH HILL
  • Land Acres: 3.12
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 3 NORTH HILL P78/95

Ownership

  • Current Owner : KANG JOON YOUNG
  • Current Owner 2: AHN JOOHEE
  • Previous Owner : HOLLIS KENNETH P
  • Previous Owner 2: HOLLIS DEBORAH D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011204

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: 2079/332
  • District: 7
  • Parcel: 9880-88-1869
  • Municipality: CHAPEL HILL
  • Latitude: 35.973
  • Longitude: -79.0394

    Address

  • Full Address: 3424 Forest Oaks Dr
  • Legal Unit: 3
  • Address - House Number: 3424
  • Address - Street Name: Forest Oaks
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R008
  • 4-Digit Zip Code: 7420
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,586
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,NHFR,

    Appraisal Valuation

  • Standard Deviation: 0.1514
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 1,210,650
  • High Value: 1,394,034
  • Low Value: 1,027,265

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $932,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Jul 27, 2022
  • Second Open Lien Mortgage Loan Amount: $232,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 27, 2052

    Market Valuation

  • Market Total Value: $814,800
  • Market Land Value: $210,000
  • Market Improvement Value: $604,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $814,800
  • Assessed Land Value: $210,000
  • Assessed Improvements Value: $604,800

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11855734897
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30055753
  • Previous Sale Recording Date: May 19, 2000
  • Previous Sale Contract Date: May 19, 2000
  • Previous Sale Amount: $240,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
4,048 ft²
$295/ft²
$1,195,000 Mar 8, 2024
-
$654/mo

About Orange


Similar Homes for Sale


Nearby Rentals

Unit for rent at 107 Essex Drive, Chapel Hill, NC, 27514

$2,400 /mo

  • 3 Beds
  • 3 Baths
  • 1,850 ft²
107 Essex Drive #107 Essex Drive, Chapel Hill, NC, 27514 Listing by Manager


Frequently Asked Questions

When was property at 3424 Forest Oaks Drive built and last sold?
The property at 3424 Forest Oaks Drive was built in 1999 and last sold on Aug 27, 2021 for $950,000.
How much is this home worth?
The estimated value of the home located at 3424 Forest Oaks Drive is $1,170,038.
What are some comparable homes to 3424 Forest Oaks Drive?
Homes that are comparable to 3424 Forest Oaks Drive include a house property at 204 Longwood Drive, located in Chapel Hill, NC.

Quantcast