See Home Value
Chatham 27517
508 Willowbend Drive
$1,800,000
● House - Off Market

508 Willowbend Drive

Chapel Hill, NC 27517
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,145 Ft²
$10,416
Est. Monthly
1.14%
Cap Rate

About This Property

In 2019 the owners of 508 Willowbend saw their new home as a drawing board on which to create a testament to the beauty of its setting.  They hired Loyd Builders, a master of quality, avant guard design, and attention to detail to partner in creating their vision.  From the ceiling to the floors, the walls and the windows to the cabinets, tiles and lighting, everything is fresh and new.  The owners are from England and you will note the European nod to their heritage.  The wife is an artist who has cast her stroke on the layers and textures apparent in every room. With the cast established and the parameters set, all is ready for you to experience a masterpiece that is comfortable for living and bursting with refined features to savor at every casual glance.A short walk down a neighborhood trail leads to Jordan Lake and  its scenic beauty. Drift in a canoe or paddle your kayak only a few steps from your front door. If horseback riding is a

passion, there is ample pasture on this 10.64-acre lot to keep  horses,

and there is a trail to ride them by the lake. It is all about lifestyle, an exemplary lifestyle  that only a few will be fortunate enough to call their own. This oasis is only 8 miles  from Franklin St. and the heart of downtown Chapel Hill. Gated and private, Willowbend Plantation  is a well-kept secret. Renovations included:  

new screen porch with full foundation and slate floor * new windows (Weather Shield aluminum clad) and doors throughout * new flooring throughout * new cabinets and countertops in the kitchen, mud room, and all baths * new roof and gutters * new fireplace and surround including floor to ceiling stone * all interior and exterior doors replaced * Emtek hardware throughout * new HVAC with ERV 14 seer system * shiplap walls and ceilings * Wolf and SubZero appliances * tile and lighting replaced inside and out * sealed crawlspace * cedar trellis over the new Clopay Gallery steel garage doors * replaced exterior boxing and trim * cedar ceilings, beams and accents * new great room and primary bedroom built-ins * re-positioned laundry with a mud room addition and sliding iron gate * barn doors for privacy in the study * and more
Unit Size
4,145 Ft²
Days on Market
-
Land Size
10.64 acres
Price per sqft
$483
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1999

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Last updated: 2 years ago (TMLS #10003698)

Price History

Date / Event Date Event Price
May 2, 2024 Sold
Sold
Dec 29, 2023 Listed by Cooke Property $2,000,000
Listed by Cooke Property
May 5, 2017 Sold
Sold
Mar 9, 2017 Listed by Cooke Property $845,000
Listed by Cooke Property
Aug 12, 2003 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2009
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 225
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 463,478
  • Total Building Area: 4,276
  • Building Area: 4,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 4,276
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOWBEND
  • Land Acres: 0000010640
  • Standard Land Use Code: 1001
  • County Land Use Code: 37
  • Legal Description 1: O2-70WB-5 AC 10.64000034 BK 98 PG 306

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020704

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 98 MP 306
  • Account Number: 1360168
  • District: 13
  • Parcel: 0074131
  • Block: 65
  • Municipality: WILLIAMS
  • Latitude: 35.8232
  • Longitude: -79.0086

    Address

  • Full Address: 508 Willowbend Dr
  • Address - House Number: 508
  • Address - Street Name: Willowbend
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R006
  • 4-Digit Zip Code: 7432
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $728,467
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 1,334,321
  • High Value: 1,572,062
  • Low Value: 1,096,581

    Market Valuation

  • Market Total Value: $879,172
  • Market Land Value: $179,025
  • Market Improvement Value: $700,147

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $879,172
  • Assessed Land Value: $179,025
  • Assessed Improvements Value: $700,147

    Sales

  • Current Sale Contract Date: May 05, 2017
  • Current Sale Recording Date: May 05, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 04852
  • Previous Sale Recording Date: Aug 12, 2003
  • Previous Sale Contract Date: Aug 12, 2003
  • Previous Sale Amount: $732,000
  • 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 Chatham


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Frequently Asked Questions

When was property at 508 Willowbend Drive built and last sold?
The property at 508 Willowbend Drive was built in 1999 and last sold on May 5, 2017 for $842,500.
How much is this home worth?
The estimated value of the home located at 508 Willowbend Drive is $1,942,163.
What are some comparable homes to 508 Willowbend Drive?
There are currently no comparable homes to 508 Willowbend Drive.