NOT LISTED FOR SALE

502 Belmont St Chapel Hill, NC 27517

Estimated Value: $615,337 - $658,000

5 Beds
3 Baths
2,595 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $643,000 $248 Per Sq Ft

Current estimated payment $4,068/month

5 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Granite Countertops
  • Ephesus Elementary School Rated A
  • 1 Fireplace
  • Mud Room

About This Home

As of December 2024

Charming house in a perfect location. Classic Chapel Hill split level home. Only one owner, this house has been well maintained. Three bedrooms up, the master BR has a private attached office or walk-in closet, two bedrooms below as well as large living area below and on main floor. Private, fenced back yard with screened porch, large front porch for sitting and sipping. Right in the middle of great neighborhood with wide streets and some sledding hills. Walk to elementary school, the renovated University Mall with movie theater, restaurants, groceries. Trader Joes and Whole Foods within walking or biking distance. One block from the coolest neighborhood pool in Chapel Hill, with sand volleyball, a diving board and fun community events like barbecues and Oktoberfest. Tankless water heater installed. Downstairs has separate entrance in rear and full bath. Great living space, guest or party space downstairs, large living area on main floor. Roomy shed in back yard. This is a once in long time house.

Last Listed By

Robert Ratcliffe

Fathom Realty NC, LLC License #261469 Listed on: 10/31/2024

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,950

Year Built

  • Built in 1965 | Remodeled in 1966

Lot Details

  • 0.45 Acre Lot
  • Back Yard Fenced

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Veneer
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • Multi-Level Property
  • Built-In Features
  • Bookcases
  • 1 Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Closets
  • 3 Full Bathrooms
  • Bathtub with Shower

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Outdoor Features

  • Outdoor Gas Grill

Schools

  • Ephesus Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ridgefield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,950

Year Built

Built in 1965 | Remodeled in 1966

Lot Details

0

Listing Details

  • Year Built: 1965
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Ridgefield
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Effective Year Built: 1966
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Attic Fan: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: Upper
  • Room Types Bedroom 3 Level: Upper
  • Room Types Bedroom 4 Level: Lower
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Upper
  • Room Types Bedroom 5 Level: Lower
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Laminate: Yes
  • Levels MultiSplit: Yes
  • Basement Heated3: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • Room Types Mud Room: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 1680.0
  • General Property Information Below Grade Finished Area: 915.0
  • General Property Information Carport YN: No
  • Room Types Primary Bathroom Level: Upper
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Fencing Back Yard: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Cable Connected: Yes
  • Disclosures Lead Based Paint: Yes
  • Interior Features Dual Closets: Yes
  • General Property Information Lot Size Square Feet2: 19602.0
  • General Property Information Lot Size Acres: 0.45
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1966

Interior Features

  • Flooring: Hardwood, Laminate, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Built-in Features, Dual Closets, Granite Counters
  • Basement: Crawl Space, Finished, Heated, Walk-Out Access
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 915.0
  • Entry Location: Front, Side
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Bookcases: Yes
  • Basement Finished: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes
  • Interior Features:Built-in Features: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Gas Grill
  • Fencing: Back Yard
  • Acres: 0.45
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Brick Veneer, Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick Veneer: Yes
  • Exterior Features:Gas Grill: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Fireplace(s), Natural Gas
  • Cooling: Attic Fan, Central Air, Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Lot Info

  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5950.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: CH/Carrboro - Ephesus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Dec 3, 2024
Sold by
Campbell Bobby Jack
Bought by
Gras-Najjar Julie and Khan Nabil Salih
Seller's Agent
Robert Ratcliffe
Fathom Realty NC, LLC
Buyer's Agent
Kelly Alexander
Flex Realty
List Price
$635,000
Sold Price
$643,000
Premium/Discount to List
$8,000
1.26%
Total Days on Market
5
Views
35
Current Estimated Value
$641,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,666
Avg. Annual Appreciation
-1.97%
Original Mortgage
$578,700
Outstanding Balance
$578,700
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$59,332

Purchase Details

Closed on
Aug 1, 1966
Bought by
Campbell and Campbell

Range of Values:

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Average Value
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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
Gras-Najjar Julie $643,000 None Listed On Document
Gras-Najjar Julie $643,000 None Listed On Document
Campbell $17,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gras-Najjar Julie $578,700
Closed Gras-Najjar Julie $578,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $643,000 +1.3% $248 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $635,000 -- $245 / Sq Ft
Source: Doorify MLS

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 $5,951 $341,100 $105,000 $236,100
2023 $5,793 $341,100 $105,000 $236,100
2022 $5,557 $341,100 $105,000 $236,100
2021 $5,487 $341,100 $105,000 $236,100
2020 $5,805 $340,100 $100,000 $240,100
2018 $0 $340,100 $100,000 $240,100
2017 -- $340,100 $100,000 $240,100
2016 $5,454 $323,911 $112,303 $211,608
2015 $5,454 $323,911 $112,303 $211,608
2014 -- $323,911 $112,303 $211,608
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 10060368

Doorify MLS

APN: 9799415910