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1412 Great Ridge Parkway

1412 Great Ridge Parkway, Chapel Hill, NC 27516
Sold Oct 31, 2019
$416,500
$392,844 by Better Mortgage Corporation
Mortgage Due Nov 01, 2040
Sold Apr 17, 2014
$356,000
$25,000 by Marius Van Zyl Etux
Mortgage Due Apr 17, 2017
1412 Great Ridge Parkway 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 2008 and is 16 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 1 stories. In addition, 1412 Great Ridge Parkway has 2,912 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 9,148 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 440 sqft. 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. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1412 Great Ridge Parkway was last sold in Oct 31, 2019 for $416,500. According to our calculations, that's $143.03 per sqft. Prior to that sales transaction, the property was sold for $356,000 in Apr 11, 2014. Current property owners are expected to pay $4,043 in taxes per year. The property on 1412 Great Ridge Parkway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $480,450. To break that down further, the land itself was valued at $127,050. While improvements to the property were assessed at a total of $353,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,912
  • Building Area: 2,912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIAR CHAPEL 4
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 66 AC 0.20999999 BK 2007 PG 435

Ownership

  • Current Owner : PETRUCELLI LEONARD J
  • Current Owner 2: PETRUCELLI JOSEPHINE B
  • Previous Owner : LUNSFORD JOHN WESLEY
  • Previous Owner 2: LUNSFORD CYNTHIA KIVETT
  • Owner Before Previous Owner: VANZYL MARIUS
  • Owner Before Previous Owner 2: VANZYL VAN ZYL
  • 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: 020105

Zoning

  • Zoning: CUD-CC

Geography

  • Assessors Map Reference: MB 2007 MP 435
  • Account Number: 1375570
  • District: 2
  • Parcel: 0086460
  • Block: 85
  • Lot: 66
  • Municipality: BALDWIN
  • Latitude: 35.827
  • Longitude: -79.1066

    Address

  • Full Address: 1412 Great Ridge Pkwy
  • Address - House Number: 1412
  • Address - Street Name: Great Ridge
  • Address - Suffix Type: Pkwy
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R038
  • 4-Digit Zip Code: 0350
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,043
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.2508
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 64
  • Final Value: 748,910
  • High Value: 936,748
  • Low Value: 561,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,844
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Oct 07, 2020
  • First Open Lien Mortgage Loan Amount: $392,844
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2040

    Market Valuation

  • Market Total Value: $480,450
  • Market Land Value: $127,050
  • Market Improvement Value: $353,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $480,450
  • Assessed Land Value: $127,050
  • Assessed Improvements Value: $353,400

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Transaction ID: 11676663712
  • Current Sale Price: $416,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11172
  • Previous Sale Recording Date: Apr 17, 2014
  • Previous Sale Contract Date: Apr 11, 2014
  • Previous Sale Amount: $356,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 31, 2019
  • First Mortgage Loan Amount: $395,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MARIUS VAN ZYL ETUX
  • Previous Mortgage Transaction Date: Apr 17, 2014
  • Previous Mortgage Loan Amount: $25,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 17, 2017

About Briar Chapel



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Frequently Asked Questions

What neighborhood is 1412 Great Ridge Parkway located in?
The 1412 Great Ridge Parkway is a house located in the neighborhood of Briar Chapel in Briar Chapel, Chapel Hill.
What is the average sales price for listings in 1412 Great Ridge Parkway?
The average sales price for units in 1412 Great Ridge Parkway is $0 currently.

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