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901 Oak Tree Drive

901 Oak Tree Drive, Chapel Hill, NC 27517
Property in The Oaks
Sold Jul 22, 2003
$118,000
$64,000 by Rbc Centura Bank
Mortgage Due Aug 01, 2033
Sold Sep 26, 2002
$110,000
901 Oak Tree Drive in Chapel Hill, NC was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 901 Oak Tree Drive has 1,236 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 43,560 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of shingle (not wood). Water for the property is sourced from a municipal system. The exterior walls of the home are made of materials we are unsure of. As for heating, the home is utilizing a forced air unit. The property was last sold in Jul 18, 2003 for $118,000. That's $95.47 per sqft. Prior to that sales transaction, the property was also sold in Sep 26, 2002 for $110,000. 901 Oak Tree Drive was last assessed in 2023. The total value of the property was assessed at $157,000. While improvements on the property were assessed at a total of $157,000. 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 $2,726. The initial tax year of delinquency was in 2022. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1984
  • Effective Year Built: 1992
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Style: Condo
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,236
  • Gross Building Area: 1,908
  • Building Area: 1,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,236
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAKS
  • Land Acres: 1
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 901 BLDG 9 SH 2 THE OAKS CONDO P38/181

Ownership

  • Current Owner : HAMMER DANIEL A
  • Current Owner 2: HAMMER SARAH NELL
  • Previous Owner : W OR D ASSOCIATES INC
  • Owner Before Previous Owner: EDGECOMBE PARK PARTNERS LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 012103

Zoning

  • Zoning: R1AR4

Geography

  • Assessors Map Reference: 3112/467
  • District: 7
  • Parcel: 9798-45-1394.052
  • Municipality: CHAPEL HILL
  • Latitude: 35.9082
  • Longitude: -79.0196

    Address

  • Full Address: 901 Oak Tree Dr
  • Address - House Number: 901
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C016
  • 4-Digit Zip Code: 4074
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,726
  • 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: 331,022
  • High Value: 396,768
  • Low Value: 265,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,000
  • First Open Lien Mortgage Lender: RBC CENTURA BANK
  • First Open Lien Mortgage Recording Date: Jul 22, 2003
  • First Open Lien Mortgage Loan Amount: $64,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2033

    Market Valuation

  • Market Total Value: $157,000
  • Market Improvement Value: $157,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,000
  • Assessed Improvements Value: $157,000

    Sales

  • Current Sale Contract Date: Jul 18, 2003
  • Current Sale Recording Date: Jul 22, 2003
  • Current Sale Transaction ID: 1000390864
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 26, 2002
  • Previous Sale Contract Date: Sep 26, 2002
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RBC CENTURA BANK
  • First Mortgage Transaction Date: Jul 22, 2003
  • First Mortgage Loan Amount: $64,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Aug 01, 2033

About The Oaks



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Frequently Asked Questions

What neighborhood is 901 Oak Tree Drive located in?
The 901 Oak Tree Drive is a located in the neighborhood of The Oaks in The Oaks, Chapel Hill.
What is the average sales price for listings in 901 Oak Tree Drive?
The average sales price for units in 901 Oak Tree Drive is $0 currently.

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