Check Availability

787 Covered Bridge Trail

787 Covered Bridge Trail, Chapel Hill, NC 27517
Sold Oct 22, 2014
$406,000
$200,000 by Suntrust Mortgage Inc
Mortgage Due Nov 01, 2044
787 Covered Bridge Trail has been categorized by the local assessors in Chapel Hill, NC as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 787 Covered Bridge Trail has 3,490 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 24,916 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 787 Covered Bridge Trail sold most recently in Oct 22, 2014 for a total of $406,000. If you work out the math, that's approximately a cost of $116.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 787 Covered Bridge Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $492,446. If we break it down further, the land itself was valued at $117,900. Improvements to the property, however, were assessed at a total of $374,546. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B+
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,916
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,490
  • Building Area: 3,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.572
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AC

Ownership

  • Current Owner : KANG YUEWEI
  • Current Owner 2: CAO CHUN
  • Previous Owner : MERITAGE HOMES OF THE CAROLINAS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020104

Geography

  • Assessors Map Reference: MB 2013 MP 194
  • Account Number: 1352083
  • District: 11
  • Parcel: 0140441
  • Block: 15
  • Lot: 152
  • Municipality: NEW HOPE
  • Latitude: 35.7716
  • Longitude: -79.0641

    Address

  • Full Address: 787 Covered Bridge Trl
  • Address - House Number: 787
  • Address - Street Name: Covered Bridge
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R042
  • 4-Digit Zip Code: 6914
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 107

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 22, 2014
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Nov 01, 2044

    Market Valuation

  • Market Total Value: $492,446
  • Market Land Value: $117,900
  • Market Improvement Value: $374,546

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,446
  • Assessed Land Value: $117,900
  • Assessed Improvements Value: $374,546

    Sales

  • Current Sale Contract Date: Oct 22, 2014
  • Current Sale Recording Date: Oct 22, 2014
  • Current Sale Transaction ID: 1196717573
  • Current Sale Price: $406,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 10335

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Oct 22, 2014
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2044

About Homestead - Legacy



Similar Buildings

Property at 787 Covered Bridge Trail,

252 County Rd 2eeks Loop

  • 1 Unit for Sale
252 County Rd 2eeks Loop, Chapel Hill, NC 27517 House in Homestead - Legacy
Property at 787 Covered Bridge Trail,

678 Bear Tree Creek

  • 1 Unit for Sale
  • 1 Story
678 Bear Tree Creek, Chapel Hill, NC 27517 House in Homestead - Legacy
Property at 787 Covered Bridge Trail,

80 Bridgewater Court

  • 1 Unit for Sale
  • 1 Story
80 Bridgewater Court, Chapel Hill, NC 27517 House in Homestead - Legacy
Property at 787 Covered Bridge Trail,

151 Swan Lake

  • 2 Units for Sale
151 Swan Lake, Chapel Hill, NC 27517 House in Homestead - Legacy
Property at 787 Covered Bridge Trail,

450 Stoney Creek Way

  • 1 Unit for Sale
  • 2 Stories
450 Stoney Creek Way, Chapel Hill, NC 27517 House in Homestead - Legacy
Property at 787 Covered Bridge Trail,

97 Mountain Heather

  • 1 Unit for Sale
  • 1 Story
97 Mountain Heather, Chapel Hill, NC 27517 House in Homestead - Legacy
Property at 787 Covered Bridge Trail,

285 Legacy Falls Drive North

  • 2 Units for Sale
285 Legacy Falls Drive North, Chapel Hill, NC 27517 Land in Homestead - Legacy
Property at 787 Covered Bridge Trail,

1396 Bradford Place

  • 1 Unit for Sale
1396 Bradford Place, Pittsboro, NC 27312 House in Homestead - Legacy

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 787 Covered Bridge Trail located in?
The 787 Covered Bridge Trail is a located in the neighborhood of Homestead - Legacy in Homestead - Legacy, Chapel Hill.
What is the average sales price for listings in 787 Covered Bridge Trail?
The average sales price for units in 787 Covered Bridge Trail is $0 currently.

Quantcast