When was property at 505 Red Bud Road built and last sold?

The property at 505 Red Bud Road was built in 1967 and last sold on Jun 11, 2021 for $836,000.

How much is this home worth?

The estimated value of the home located at 505 Red Bud Road is $1,389,322.

What are some comparable homes to 505 Red Bud Road?

There are currently no comparable homes to 505 Red Bud Road.

Chapel Hill

27514

Lake Forest

505 Red Bud Road

$1,400,000

● House - Off Market

505 Red Bud Road

Chapel Hill, NC 27514

4 Beds

3 Baths, 1 Half Bath

3,600 Ft²

$7,937

Est. Monthly

$63

HOA / Fees

1.23%

Cap Rate

About This Property

For Comp Purposes Only

Unit Size

3,600 Ft²

Days on Market

Land Size

0.96 acres

Price per sqft

$389

Property Type

House

Property Taxes

$1,000

HOA Dues

$63

Year Built

1967

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #10088987)

Price History

Date / Event	Date	Event
Apr 11, 2025	Listed by Nest Realty of the Triangle	$1,400,000
Listed by Nest Realty of the Triangle
Jun 21, 2021	Sold	Premium
Sold
May 15, 2021	Listed by Nest Realty of the Triangle	$650,000
Listed by Nest Realty of the Triangle
Mar 25, 2013	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1967

Effective Year Built: 2000
Total Rooms: 9
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 9
Building Condition: 0
Building Quality: 0
Construction Type: 12
Building Style: 15
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 125
Living Units: 1
Floor Cover: 0
Basement Type: 2
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 41,818

Lot Size Depth Feet: 2,650
Lot Size Frontage Feet: 1,560
Total Building Area: 3,544
Gross Building Area: 8,108
Building Area: 3,544
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 3,544
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: LAKE FOREST
Land Acres: 0000000960
Standard Land Use Code: 1001
County Land Use Code: 1001
Legal Description 1: 9 BL K SEC 6 LAKE FOREST ESTATES P13/96

Neighborhood

School District Name: Chapel Hill-Carrboro Schools

School Tax School District: CH-CARR SCHOOL
Census Tract: 011902

Zoning

Zoning: R1

Geography

Assessors Map Reference: 5571/393

District: 7
Section: 6
Parcel: 9890-10-1918
Municipality: CHAPEL HILL
Latitude: 35.9509
Longitude: -79.0299

Address

Full Address: 505 Red Bud Rd

Address - House Number: 505
Address - Street Name: Red Bud
Address - Suffix Type: Rd
State: NC
City Name: Chapel Hill
Carrier Code: C034
4-Digit Zip Code: 1710
Zip Code: 27514

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,166,402
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: CHSC,ORAG,

Appraisal Valuation

Standard Deviation: 0.1823

Valuation Date: Oct 11, 2023
Confidence Score: 76
Final Value: 1,000,209
High Value: 1,182,639
Low Value: 817,780

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $702,500

Market Land Value: $170,000
Market Improvement Value: $532,500

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $702,500
Assessed Land Value: $170,000
Assessed Improvements Value: $532,500

Sales

Current Sale Contract Date: Jun 11, 2021

Current Sale Recording Date: Jun 21, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 30050415
Previous Sale Recording Date: Mar 25, 2013
Previous Sale Contract Date: Mar 18, 2013
Previous Sale Amount: $525,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lake Forest

Stats & Trends

Median Asking:

$850,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

Average Home Size

5453 ft²

Average Home Age

56.5 years

Currently For Sale

2 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1920 White Plains Road, Chapel Hill, NC, 27517

$2,495 /mo

4 Beds
3 Baths
2,020 ft²

1920 White Plains Road, Chapel Hill, NC, 27517 Listing by Andrew Bennett

Unit for rent at 1547 Ephesus Church Road, Chapel Hill, NC, 27517

$2,750 /mo

3 Beds
2 Baths
1,402 ft²

1547 Ephesus Church Road, Chapel Hill, NC, 27517 Listing by Deb Lovig

Unit for rent at 305 Presque Isle Lane, Chapel Hill, NC, 27514

$2,400 /mo

2 Beds
2 Baths
1,709 ft²

305 Presque Isle Lane #BLDG300, Chapel Hill, NC, 27514 Listing by Yolanda Liu

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jeanie Stasko, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10088987

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

505 Red Bud Road

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Lake Forest

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions