$438,000 - $444,000
RENTED JAN 27, 2025

404 Presque Isle Ln Unit 404 Chapel Hill, NC 27514

2 Beds
3 Baths
1,782 Sq Ft
$247 Price per Sq Ft

Last Sold December 06, 2024

Last sale price $435,000 $244 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,876/month

About This Home

As of December 2024

Available Now! Stunning 2BR/2.5BA + Office in the desirable Presque Isle Villas. An immaculate condo with plenty of storage space. The kitchen features stainless steel appliances, quartz counter tops, gas range, under the cabinet lighting and plenty of counter space. Oversized living room with a gas fireplace and extra flex space. Large primary suite with custom closet design, double vanity, shower and separate soaking tub. Front and back covered patios. Garage offers plenty of built-in storage. Community amenities include a pool, fitness room and clubhouse. 1 garage space and 2 street parking spaces. Convenient location to Duke and UNC! *No Cats, Dogs Negotiable w/ Non-Refundable, Annual Pet Fee of $300 Per Pet*

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Dec 2, 2024
Sold by
Veety Lynn A
Bought by
Chaffee John D and Chaffee Joan W
Seller's Agent
Spencer Southern
Lisa Southern Real Estate
Buyer's Agent
Spencer Southern
Lisa Southern Real Estate
Sold Price
$2,450
Views
29
Current Estimated Value
$440,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,307
Avg. Annual Appreciation
3.52%
Original Mortgage
$391,500
Outstanding Balance
$390,633
Interest Rate
5.45%
Mortgage Type
New Conventional
Estimated Equity
$50,124

Purchase Details

Listed on
Sep 13, 2022
Closed on
Nov 14, 2022
Sold by
Moschella Ferne L and Moschella John J
Bought by
Veety Lynn A
Seller's Agent
michael Shulman
Preferred Realty Services LLC
Buyer's Agent
Thomas Wiltberger
Compass -- Chapel Hill - Durham
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Oct 27, 2014
Sold by
Moschella Ferne L and Backer Jill
Bought by
Moschella Ferne L and Moschella John J

Purchase Details

Closed on
Nov 15, 2002
Sold by
Ard Group Inc
Bought by
Mecklowitz Bernard J and Mecklowitz Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chaffee John D $435,000 None Listed On Document
Chaffee John D $435,000 None Listed On Document
Veety Lynn A $385,000 --
Moschella Ferne L -- None Available
Moschella Ferne L -- None Available
Mecklowitz Bernard J $284,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaffee John D $391,500
Closed Chaffee John D $391,500
Previous Owner John John J $100,000
Previous Owner Mecklowitz Bernard J $56,800
Previous Owner Mecklowitz Bernard J $227,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Rented $2,450 0.0% --
01/23/2025 01/23/25 Under Contract -- -- --
12/14/2024 12/14/24 For Rent $2,450 0.0% --
12/06/2024 12/06/24 Sold $435,000 -3.1% $244 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
09/29/2024 09/29/24 Price Changed $449,000 -2.2% $252 / Sq Ft
09/14/2024 09/14/24 For Sale $459,000 +20.8% $258 / Sq Ft
12/14/2023 12/14/23 Off Market $380,000 -- --
11/21/2022 11/21/22 Sold $380,000 -7.3% $221 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $410,000 -- $239 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,993 $288,700 $0 $288,700
2023 $4,859 $288,700 $0 $288,700
2022 $4,660 $288,700 $0 $288,700
2021 $4,601 $288,700 $0 $288,700
2020 $4,538 $267,300 $0 $267,300
2018 $4,432 $267,300 $0 $267,300
2017 $4,712 $267,300 $0 $267,300
2016 $4,712 $282,100 $47,500 $234,600
2015 $4,647 $278,034 $47,543 $230,491
2014 $4,587 $278,034 $47,543 $230,491
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Spencer Southern

    Lisa Southern Real Estate

    (919) 800-0880

    1 Total Sale

    Spencer Southern
    Section Image
  • Thomas Wiltberger

    Seller's Agent in 2024

    Thomas Wiltberger

    Compass -- Chapel Hill - Durham

    (919) 451-0740

    125 Total Sales

    Thomas Wiltberger
    Section Image
  • Jason Dalton

    Buyer's Agent in 2024

    Jason Dalton

    Keller Williams Preferred Realty

    (919) 520-7067

    231 Total Sales

    Jason Dalton
    Section Image
  • michael Shulman

    Seller's Agent in 2022

    michael Shulman

    Preferred Realty Services LLC

    (919) 428-3116

    14 Total Sales

    Section Image
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Map

North Carolina Orange County Chapel Hill 27514

404 Presque Isle Ln Unit 404, Chapel Hill, NC

Homes for Sale in Chapel Hill, NC

This home is located at 404 Presque Isle Ln Unit 404, Chapel Hill, NC 27514 and is currently estimated at $440,757, approximately $247 per square foot. 404 Presque Isle Ln Unit 404 is a home located in Orange County with nearby schools including Glenwood Elementary School, Phillips Middle School, and East Chapel Hill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.