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506 South Camellia Street

506 South Camellia Street, Chapel Hill, NC 27516
Property in Claremont
Sold Feb 24, 2021
$615,000
$548,250 by Corporate Investors Mortgage G
Mortgage Due Mar 01, 2051
Sold Jun 21, 2012
$470,000
$470,000 by Suntrust Mortgage Inc
Mortgage Due Jul 01, 2042
Local assessors in Chapel Hill, NC have categorized 506 South Camellia Street as a residential type of property. The home was built in 2008 and is 16 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 8,276 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 3 full bathrooms. There are also 4 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 506 South Camellia Street has a total of 3,463 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 488 sqft. The building has a gable style roof that was made of shingle (not wood). Lots of materials we are unsure of 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. The property was last sold in Feb 23, 2021 for $615,000. That's $177.59 per sqft. Prior to that sales transaction, the property was also sold in Jun 11, 2012 for $470,000. 506 South Camellia Street was last assessed in 2023. The total value of the property was assessed at $604,800. Specifically, the land the property is located on was valued at $135,000. While improvements on the property were assessed at a total of $469,800. 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 $10,137. The initial tax year of delinquency was in 2022. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 2008
  • Effective Year Built: 2012
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 488
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,463
  • Gross Building Area: 6,304
  • Building Area: 3,463
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLAREMONT
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 3 CLAREMONT P102/46

Ownership

  • Current Owner : GILMORE RYAN HUNTER
  • Current Owner 2: GILMORE KAREN RANKIN
  • Previous Owner : ABEDI SCOTT SINA
  • Previous Owner 2: ABEDI CHRISTA CARTER
  • Owner Before Previous Owner: HESS SCOTT ALDEN
  • Owner Before Previous Owner 2: HESS JULIE LYNNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011208

Zoning

  • Zoning: R20VMU

Geography

  • Assessors Map Reference: 5388/185
  • District: 7
  • Parcel: 9779-37-1712
  • Municipality: CHAPEL HILL
  • Latitude: 35.9418
  • Longitude: -79.0908

    Address

  • Full Address: 506 S Camellia St
  • Address - House Number: 506
  • Street Direction: S
  • Address - Street Name: Camellia
  • Address - Suffix Type: St
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R039
  • 4-Digit Zip Code: 8418
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,137
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 912,649
  • High Value: 1,074,397
  • Low Value: 750,901

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $948,250
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Dec 16, 2022
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 16, 2052
  • Third Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Feb 02, 2024
  • Third Open Lien Mortgage Loan Amount: $250,000
  • Third Open Lien Mortgage Term: 240
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Feb 25, 2044

    Market Valuation

  • Market Total Value: $604,800
  • Market Land Value: $135,000
  • Market Improvement Value: $469,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,800
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $469,800

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11822777424
  • Current Sale Price: $615,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30041409
  • Previous Sale Recording Date: Jun 21, 2012
  • Previous Sale Contract Date: Jun 11, 2012
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 21, 2012
  • Previous Mortgage Loan Amount: $470,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Claremont



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Frequently Asked Questions

What neighborhood is 506 South Camellia Street located in?
The 506 South Camellia Street is a located in the neighborhood of Claremont in Claremont, Chapel Hill.
What is the average sales price for listings in 506 South Camellia Street?
The average sales price for units in 506 South Camellia Street is $0 currently.

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