Check Availability

351 Abbot Place

351 Abbot Place, Chapel Hill, NC 27516
Property in Orange
Sold Oct 05, 2021
$758,000
$530,408 by Lennar Mortgage Llc
Mortgage Due Nov 01, 2051
351 Abbot Place has been categorized by the local assessors in Chapel Hill, NC as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 351 Abbot Place has 3,518 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,375 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 351 Abbot Place sold most recently in Oct 5, 2021 for a total of $758,000. If you work out the math, that's approximately a cost of $215.46 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 $10,512 in taxes each year. The initial year of tax delinquency occurred in 2022. 351 Abbot Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $646,000. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $561,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,518
  • Building Area: 3,518
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,518
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHANDLER WOODS SUBDIVISION
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 14 PH 2 CHANDLER WOODS P121/55-58

Ownership

  • Current Owner : MANCHERIL BENJAMIN GEORGE
  • Current Owner 2: CHEN WENJUN
  • Previous Owner : CALATLANTIC GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011208

Geography

  • Subdivision Phase Number: 2
  • Parcel: 9870-61-8533
  • Latitude: 35.953
  • Longitude: -79.0773

    Address

  • Full Address: 351 Abbot Pl
  • Address - House Number: 351
  • Address - Street Name: Abbot
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R039
  • 4-Digit Zip Code: 6258
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,512
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 80
  • Final Value: 970,091
  • High Value: 1,121,497
  • Low Value: 818,684

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $530,408
  • First Open Lien Mortgage Lender: LENNAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $530,408
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $646,000
  • Market Land Value: $85,000
  • Market Improvement Value: $561,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $646,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $561,000

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11870334014
  • Current Sale Price: $758,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 30058484

    Last Sale Mortgage

  • First Mortgage Lender: LENNAR MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $530,408
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Orange



Similar Buildings

Property at 351 Abbot Place,

113 Atterbury Street

  • 1 Unit for Sale
  • 2 Stories
113 Atterbury Street, Chapel Hill, NC 27516
Property at 351 Abbot Place,

300 Della Street

  • 1 Unit for Sale
  • 2 Stories
300 Della Street, Chapel Hill, NC 27516
Property at 351 Abbot Place,

411 South Camellia Street

  • 1 Unit for Sale
  • 2 Stories
411 South Camellia Street, Chapel Hill, NC 27516

Nearby Rentals

Unit for rent at 3002 Staffield Lane, Chapel Hill, NC, 27516

$3,065 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,596 ft²
3002 Staffield Lane, Chapel Hill, NC, 27516 Listing by Philip Guin

Frequently Asked Questions

What neighborhood is 351 Abbot Place located in?
The 351 Abbot Place is a located in the neighborhood of Orange in Orange, Chapel Hill.
What is the average sales price for listings in 351 Abbot Place?
The average sales price for units in 351 Abbot Place is $0 currently.

Quantcast