$617,000
SOLD DEC 12, 2024

623 Martin Luther King jr Blvd Chapel Hill, NC 27514

0.63 Acre
$979,365 Price per Acre
27,443 Sq Ft Lot

Recently Sold

$279 Per Sq Ft

5% Above List Price

2 Days on Market

Highlights

  • Wooded Lot
  • Phillips Middle School Rated A
  • No HOA

About This Lot

As of December 2024

This is a no-brainer. Potential for whatever you can envision. 0.63 acre lot located approximately half mile from Franklin Street. Lot close to all downtown has to offer. The three structures on lot convey as-is, where-is. This is the investment opportunity you don't want to miss. Lot can be cleared for any number of new configurations.

Last Agent to Sell the Property

Noelle Osika

Inhabit Real Estate License #348626

Co-Listed By

Liz Dean

Inhabit Real Estate License #240288

Last Buyer's Agent

Eric White

Coldwell Banker Advantage License #256781

Coldwell Banker Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,684

Year Built

  • 1942

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 161x131x149x201
  • Property fronts a state road
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Lead Paint Disclosure

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9788391873

Property Details

Property Type

Land

Est. Annual Taxes

$6,684

Year Built

1942

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 74510
  • Co List Office Phone: 919-808-4549
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 161x131x149x201
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Vegetation Wooded2: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Road Frontage Type State Road: Yes
  • Disclosures Lead Based Paint: Yes
  • Lot Features Driveway2: Yes
  • General Property Information Lot Size Square Feet2: 27442.8
  • General Property Information Lot Size Acres: 0.63
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1942

Exterior Features

  • Acres: 0.63
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Lot Features:City Lot: Yes

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public

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 Dimensions: 161x131x149x201
  • Lot Size Sq Ft: 27442.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 9788391873
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6683.87
  • Tax Year: 2024

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $617,000 +5.5% $279 / Sq Ft
11/03/2024 11/03/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $585,000 -- $264 / Sq Ft
Source: Doorify MLS

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 $6,684 $362,400 $175,600 $186,800
2023 $6,523 $362,400 $175,600 $186,800
2022 $6,333 $366,300 $179,500 $186,800
2021 $6,258 $366,300 $179,500 $186,800
2020 $6,355 $350,100 $179,500 $170,600
2018 $6,185 $350,100 $179,500 $170,600
2017 $8,404 $350,100 $179,500 $170,600
2016 $8,404 $488,914 $387,764 $101,150
2015 $8,404 $488,914 $387,764 $101,150
2014 $8,272 $488,914 $387,764 $101,150
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $617,000 None Listed On Document
Special Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Doorify MLS

MLS Number: 10061226

Doorify MLS

APN: 9788391873