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401 Cambridge Court

401 Cambridge Court, Chapel Hill, NC 27516
Property in Orange
Sold Jun 07, 2021
$605,000
$343,500 by The Huntington National Bank
Mortgage Due Jul 01, 2036
401 Cambridge Court 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 2020 and is 4 years old. The building has a total of 2 stories. In addition, 401 Cambridge Court has 3,275 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 10,019 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, 401 Cambridge Court sold most recently in Jun 7, 2021 for a total of $605,000. If you work out the math, that's approximately a cost of $184.73 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 $10,105 in taxes each year. The initial year of tax delinquency occurred in 2022. 401 Cambridge Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $611,900. 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 $526,900. 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: 2020
  • Effective Year Built: 2020
  • Total Rooms: 9
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,275
  • Building Area: 3,275
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,275
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHANDLER WOODS SUBDIVISION
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: 4 PH 2 CHANDLER WOODS P121/55-58

Ownership

  • Current Owner : ZHANG JUN
  • Current Owner 2: HAN CHUNYAN
  • Previous Owner : CALATLAUTIC 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: 9870-71-3637
  • Latitude: 35.9525
  • Longitude: -79.0768

    Address

  • Full Address: 401 Cambridge Ct
  • Address - House Number: 401
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R039
  • 4-Digit Zip Code: 6259
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,105
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 883,664
  • High Value: 1,028,029
  • Low Value: 739,299

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,500
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $343,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Market Valuation

  • Market Total Value: $611,900
  • Market Land Value: $85,000
  • Market Improvement Value: $526,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,900
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $526,900

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11839386975
  • Current Sale Price: $605,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 30049409

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $343,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2036

About Orange



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Frequently Asked Questions

What neighborhood is 401 Cambridge Court located in?
The 401 Cambridge Court is a located in the neighborhood of Orange in Orange, Chapel Hill.
What is the average sales price for listings in 401 Cambridge Court?
The average sales price for units in 401 Cambridge Court is $0 currently.

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