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503 Rockgarden Road

503 Rockgarden Road, Chapel Hill, NC 27516
House in Cates Farm
Sold Dec 06, 2022
$108,500
$462,678 by Ladera Lending Inc
Mortgage Due Jul 01, 2051
Sold Mar 13, 2020
$530,000
$418,700 by First Bank
Mortgage Due Apr 01, 2050
503 Rockgarden Road in Chapel Hill, NC was first built in 1995 and is 29 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 503 Rockgarden Road has 3,076 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 21,344 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a attached garage. The garage is 420 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 6, 2022 for $108,500. That's $35.27 per sqft. Prior to that sales transaction, the property was also sold in Mar 6, 2020 for $530,000. 503 Rockgarden Road was last assessed in 2023. The total value of the property was assessed at $495,500. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $395,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,347. The initial tax year of delinquency was in 2022. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2001
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 3,076
  • Gross Building Area: 5,212
  • Building Area: 3,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CATES FARM
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 11 PH 4 CATES FARM P72/172

Ownership

  • Current Owner : ROUSE STEVEN ARTHUR
  • Previous Owner : BYRD CATHERINE
  • Owner Before Previous Owner: SONOL SUSAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 010706

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 4214/165
  • District: 7
  • Subdivision Phase Number: 4
  • Parcel: 9779-14-9869
  • Municipality: CHAPEL HILL
  • Latitude: 35.9343
  • Longitude: -79.0945

    Address

  • Full Address: 503 Rock Garden Rd
  • Legal Unit: 11
  • Address - House Number: 503
  • Address - Street Name: Rock Garden
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R021
  • 4-Digit Zip Code: 5988
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,347
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 825,829
  • High Value: 989,850
  • Low Value: 661,809

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $602,678
  • First Open Lien Mortgage Lender: LADERA LENDING INC
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $462,678
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 22, 2022
  • Second Open Lien Mortgage Loan Amount: $140,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 15, 2042

    Market Valuation

  • Market Total Value: $495,500
  • Market Land Value: $100,000
  • Market Improvement Value: $395,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,500
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $395,500

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Dec 06, 2022
  • Current Sale Transaction ID: 11899565498
  • Current Sale Price: $108,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 30082186
  • Previous Sale Recording Date: Mar 13, 2020
  • Previous Sale Contract Date: Mar 06, 2020
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Mar 13, 2020
  • Previous Mortgage Loan Amount: $418,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Cates Farm



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Nearby Rentals

Unit for rent at 139 Windsor Circle, Chapel Hill, NC, 27516

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,568 ft²
139 Windsor Circle, Chapel Hill, NC, 27516 Listing by Philip Guin

Frequently Asked Questions

What neighborhood is 503 Rockgarden Road located in?
The 503 Rockgarden Road is a house located in the neighborhood of Cates Farm in Cates Farm, Chapel Hill.
What is the average sales price for listings in 503 Rockgarden Road?
The average sales price for units in 503 Rockgarden Road is $0 currently.

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