See Home Value
Chatham 27517 Govs Club
97604 Franklin Ridge
$1,704,004*
House - Off Market

97604 Franklin Ridge

Chapel Hill, NC 27517
bedrooms
4 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
5955 Sqft
$1,049,000 - $1,281,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
Sold Mar 06, 2020
$1,100,000
$510,401 by Bank Of America Na
Mortgage Due Apr 01, 2050
Sold Jan 27, 2006
$215,000

About This Property

Call Susan Richter .Old World inspired French Country estate home filled with craftsman details. Vaulted ceilings, reclaimed antique heart pine floors, stained glass, 2X6 construction.GORGEOUS kitchen: leathered granite counters, cherry counter top, generous windows, all custom cabinetry with fabulous drawers, 1st floor AWESOME master suite, sun room, covered patio and AMAZING OUTDOOR UPSCALE KITCHEN with Phantom screens, pizza oven. Office w/ beautiful cabinetry.Lower lev. bonus. 3 car garage

The manager has listed the unit size as 5955 square feet.
Unit Size
5,955Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

Price History

Date / Event Date Event Price
Mar 6, 2020 Sold to Phalu P Cornwell, Stephen E... $1,100,000
Sold to Phalu P Cornwell, Stephen E...
Dec 15, 2019 No longer available -
No longer available
Dec 6, 2019 Listed $1,165,000
Listed
Oct 18, 2019 No longer available -
No longer available
Jun 6, 2019 Price Decreased $1,215,000
↓ $35K (2.8%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: A+
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 2,421
  • Garage Type: Attached
  • Garage Square Area: 792
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 6,067
  • Building Area: 6,067
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,067
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOVERNORS CLUB
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N2-81-594 AC 0.73000002 BK 92 PG 102

Ownership

  • Current Owner : CORNWELL STEPHEN E
  • Current Owner 2: CORNWELL PHALU P
  • Previous Owner : BISHOP STEVEN G
  • Previous Owner 2: BISHOP RUTH S
  • Owner Before Previous Owner: DURHAM ACADEMY INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020103

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 92 MP 102
  • Account Number: 1369872
  • District: 13
  • Parcel: 0068190
  • Municipality: WILLIAMS
  • Latitude: 35.8478
  • Longitude: -79.0534

    Address

  • Full Address: 97604 Franklin Rdg
  • Address - House Number: 97604
  • Address - Street Name: Franklin
  • Address - Suffix Type: Rdg
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R035
  • 4-Digit Zip Code: 8357
  • Zip Code: 27517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,348
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 1,511,873
  • High Value: 1,875,605
  • Low Value: 1,148,140

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $860,401
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 06, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $510,401
  • 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: Apr 01, 2050
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 23, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $350,000
  • 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: Nov 15, 2051

    Market Valuation

  • Market Total Value: $886,951
  • Market Land Value: $204,356
  • Market Improvement Value: $682,595

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $886,951
  • Assessed Land Value: $204,356
  • Assessed Improvements Value: $682,595

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Transaction ID: 11747461986
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2488
  • Previous Sale Recording Date: Jan 27, 2006
  • Previous Sale Contract Date: Jan 27, 2006
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 06, 2020
  • First Mortgage Loan Amount: $510,401
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
4 Beds
4.5 Baths
5,264 ft²
$252/ft²
$1,325,000 May 16, 2024
-
$4,328/mo
House
4 Beds
3.5 Baths
4,246 ft²
$318/ft²
$1,350,000 Oct 4, 2022
-
$4,877/mo
House
4 Beds
4 Baths
3,669 ft²
$351/ft²
$1,288,000 Mar 14, 2024
-
$416/mo
In Contract
House
5 Beds
4.5 Baths
5,029 ft²
$239/ft²
$1,200,000 Apr 2, 2024
-
$4,286/mo
House
5 Beds
3.5 Baths
4,482 ft²
$257/ft²
$1,150,000 Feb 22, 2024
-
$4,245/mo

About Govs Club


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Frequently Asked Questions

When was property at 97604 Franklin Ridge built and last sold?
The property at 97604 Franklin Ridge was built in 2007 and last sold on Feb 28, 2020 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 97604 Franklin Ridge is $1,207,638.
What are some comparable homes to 97604 Franklin Ridge?
There are currently no comparable homes to 97604 Franklin Ridge.

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