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408 Old Piedmont Circle

408 Old Piedmont Circle, Chapel Hill, NC 27516
Sold Feb 18, 2020
$509,000
Sold Dec 06, 2016
$483,000
$386,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2047
408 Old Piedmont Circle 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 2016 and is 8 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 408 Old Piedmont Circle has 2,682 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 7,579 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 408 Old Piedmont Circle was last sold in Feb 17, 2020 for $509,000. According to our calculations, that's $189.78 per sqft. Prior to that sales transaction, the property was sold for $483,000 in Nov 29, 2016. Current property owners are expected to pay $3,632 in taxes per year. The property on 408 Old Piedmont Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $446,686. To break that down further, the land itself was valued at $93,920. While improvements to the property were assessed at a total of $352,766. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,579
  • Total Building Area: 2,682
  • Building Area: 2,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,682
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIAR CHAPEL 3
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1072 AC 0.17399999 BK 2014 PG 202

Ownership

  • Current Owner : LAMBERT FRANK L
  • Current Owner 2: LAMBERT LINDA C
  • Previous Owner : MCVICKER JOHN
  • Previous Owner 2: MCVICKER MYRA
  • Owner Before Previous Owner: HOMES BY DICKERSON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020105

Zoning

  • Zoning: CUD-CC

Geography

  • Assessors Map Reference: MB 2014 MP 202
  • Account Number: 1369831
  • District: 2
  • Parcel: 0090141
  • Block: 64
  • Lot: 1072
  • Municipality: BALDWIN
  • Latitude: 35.8223
  • Longitude: -79.1122

    Address

  • Full Address: 408 Old Piedmont Cir
  • Address - House Number: 408
  • Address - Street Name: Old Piedmont
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R041
  • 4-Digit Zip Code: 8491
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,632
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 722,034
  • High Value: 865,126
  • Low Value: 578,942

    Market Valuation

  • Market Total Value: $446,686
  • Market Land Value: $93,920
  • Market Improvement Value: $352,766

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,686
  • Assessed Land Value: $93,920
  • Assessed Improvements Value: $352,766

    Sales

  • Current Sale Contract Date: Feb 17, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Transaction ID: 11738644441
  • Current Sale Price: $509,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1771
  • Previous Sale Recording Date: Dec 06, 2016
  • Previous Sale Contract Date: Nov 29, 2016
  • Previous Sale Amount: $483,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 06, 2016
  • Previous Mortgage Loan Amount: $386,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Briar Chapel



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Frequently Asked Questions

What neighborhood is 408 Old Piedmont Circle located in?
The 408 Old Piedmont Circle is a house located in the neighborhood of Briar Chapel in Briar Chapel, Chapel Hill.
What is the average sales price for listings in 408 Old Piedmont Circle?
The average sales price for units in 408 Old Piedmont Circle is $0 currently.

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