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490 Sun Forest Way

490 Sun Forest Way, Chapel Hill, NC 27517
House in Orange
Sold Jul 31, 2020
$1,100,000
$880,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2050
Sold Apr 21, 2006
$155,000
Local assessors in Chapel Hill, NC have categorized 490 Sun Forest Way as a residential type of property. The home was built in 2009 and is 15 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 205,603 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 490 Sun Forest Way has a total of 6,668 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. The building has a hip style roof that was made of shingle (not wood). Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 490 Sun Forest Way was last sold in Jul 27, 2020 for $1,100,000. According to our calculations, that's $164.97 per sqft. Prior to that sales transaction, the property was sold for $155,000 in Apr 20, 2006. Current property owners are expected to pay $13,453 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 490 Sun Forest Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,146,200. To break that down further, the land itself was valued at $180,300. While improvements to the property were assessed at a total of $965,900. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

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

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2015
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 205,603
  • Total Building Area: 6,668
  • Gross Building Area: 8,978
  • Building Area: 6,668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,668
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUN FOREST
  • Land Acres: 4.72
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: MJ P/O 7B REC SUN FOREST

Ownership

  • Current Owner : SPARKS ANNE MILLER
  • Current Owner 2: SPARKS PATRICIA ANN
  • Previous Owner : HITO GENE
  • Previous Owner 2: HITO ANILA
  • Owner Before Previous Owner: 12 SPRINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 012201

Zoning

  • Zoning: RLD1

Geography

  • Assessors Map Reference: 4011/448
  • District: 7
  • Parcel: 9776-79-9045
  • Municipality: CHAPEL HILL
  • Latitude: 35.8638
  • Longitude: -79.0748

    Address

  • Full Address: 490 Sun Forest Way
  • Address - House Number: 490
  • Address - Street Name: Sun Forest
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R007
  • 4-Digit Zip Code: 7717
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,453
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,STFR,

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 1,687,613
  • High Value: 1,962,483
  • Low Value: 1,412,743

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $1,146,200
  • Market Land Value: $180,300
  • Market Improvement Value: $965,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,146,200
  • Assessed Land Value: $180,300
  • Assessed Improvements Value: $965,900

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11778598771
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30026433
  • Previous Sale Recording Date: Apr 21, 2006
  • Previous Sale Contract Date: Apr 20, 2006
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Orange



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Frequently Asked Questions

What neighborhood is 490 Sun Forest Way located in?
The 490 Sun Forest Way is a house located in the neighborhood of Orange in Orange, Chapel Hill.
What is the average sales price for listings in 490 Sun Forest Way?
The average sales price for units in 490 Sun Forest Way is $0 currently.

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