This duplex is convenient to multiple retail centers, U.N.C. Chapel Hill Medical Center, and U.N.C. Chapel Hill. Both units feature identical, one-story, two-bedroom and one-bathroom floor plans with fireplaces and large rear patios. The property has been well-maintained, but offers the opportunity to increase revenue through strategic improvements. The property is on a community water system and has a private septic system. All utilities are paid by tenants. Unit A rent =$1,000/mo & expires 7/31/24. Unit B rent =$985/mo & expires 7/31/24. SEE AGENT REMARKS FOR SHOWINGS.
Sold for $335,000
$335,000
118 Cedar Ter, Chapel Hill, NC 27516
--beds
--baths
--sqft
Duplex, Multi Family
Built in 1979
-- sqft lot
$380,400 Zestimate®
$--/sqft
$1,584 Estimated rent
Home value
$380,400
$346,000 - $422,000
$1,584/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Thomas Furlow 919-412-3913,
Deaton Investment Real Estate,
Daniel Pogue,
Deaton Investment Real Estate
Bought with:
Bethany Noelle Allred, 330896
DASH Carolina
Source: Doorify MLS,MLS#: 2523859
Facts & features
Interior
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet, Vinyl
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Off Street
Features
- Has view: Yes
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Engineered Wood
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Cedar Terrace
Location
- Region: Chapel Hill
Financial & listing details
- Annual tax amount: $1,914
- Date on market: 7/27/2023
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2023 | Sold | $335,000-4% |
Source:  Doorify MLS #2523859 Report a problem | ||
| 8/16/2023 | Pending sale | $349,000 |
Source: Doorify MLS #2523859 Report a problem | ||
| 7/31/2023 | Listed for sale | $349,000 |
Source: Doorify MLS #2523859 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 27516
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- $186,2002 bd1 ba895 sqft152 A&b Cedar Ter #B, Chapel Hill, NC 27516Off Market
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Nearby schools
GreatSchools rating
- 5/10Chatham Grove ElementaryGrades: PK-5Distance: 2.7 mi
- 6/10Margaret B. Pollard Middle SchoolGrades: 6-8Distance: 2.5 mi
- 6/10Seaforth HighGrades: 9-12Distance: 8.1 mi
Schools provided by the listing agent
- Elementary: Chatham - Chatham Grove
- Middle: Chatham - Margaret B Pollard
- High: Chatham - Seaforth
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$380,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$380,400
- North Carolina
- Chatham County
- Chapel Hill
- 27516
- 118 Cedar Ter
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