See Home Value
$158,000
● Land - Off Market

422 Overland Drive

Chapel Hill, NC 27517
bedrooms
Studio
bathrooms
0 Bath
$239,334
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Are you dreaming of building a home? Afraid you have to give up in-town living to do it? Check out this lot in Colony Woods! This location offers easy access to the Blue Hill District - Trader Joe's, Starbucks, shopping, and many restaurants. There is a nearby city park and easy access to public transit.  The site is cleared, graded, and ready for construction. Utilities are already on site. Site slopes slightly at the rear. Wooded border offers privacy. Bring your own builder.
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2020

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2232444)

Price History

Date / Event Date Event Price
Mar 1, 2019 Sold
Sold
Jan 18, 2019 Listed by Terra Nova Global Properties $160,000
Listed by Terra Nova Global Properties
Nov 3, 2017 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 2,760
  • Gross Building Area: 3,642
  • Building Area: 2,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY WOODS
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 147 SEC 3 PH 1 COLONY WOODS P16/111

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 012101

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 6386/444
  • District: 7
  • Section: 3
  • Subdivision Phase Number: 1
  • Parcel: 9799-74-8667
  • Municipality: CHAPEL HILL
  • Latitude: 35.9339
  • Longitude: -79.0069

    Address

  • Full Address: 422 Overland Dr
  • Address - House Number: 422
  • Address - Street Name: Overland
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C055
  • 4-Digit Zip Code: 2345
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,011,434
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.2211
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 656,289
  • High Value: 801,422
  • Low Value: 511,155

    Market Valuation

  • Market Total Value: $612,500
  • Market Land Value: $135,000
  • Market Improvement Value: $477,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,500
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $477,500

    Sales

  • Current Sale Contract Date: Feb 28, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190301000035890
  • Previous Sale Recording Date: Nov 03, 2017
  • Previous Sale Contract Date: Nov 01, 2017
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71
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 Colony Woods


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Nearby Rentals

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Unit for rent at 1102 E Franklin Street, Chapel Hill, NC, 27514

$1,450 /mo

  • 2 Beds
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1102 E Franklin Street #A, Chapel Hill, NC, 27514 Listing by Mark Heizer


Frequently Asked Questions

When was property at 422 Overland Drive built and last sold?
The property at 422 Overland Drive was built in 2020 and last sold on Feb 28, 2019 for $158,000.
How much is this home worth?
The estimated value of the home located at 422 Overland Drive is $0.
What are some comparable homes to 422 Overland Drive?
There are currently no comparable homes to 422 Overland Drive.

Nearby Counties