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Sold for $318,000
  • $318,000

    1421 New Hope Trce, Chapel Hill, NC 27516

    2beds
    1,188sqft
    Single Family Residence, Residential
    Built in 1996
    2.8 Acres Lot
    $316,700 Zestimate®
    $268/sqft
    $1,935 Estimated rent

    Home value

    $316,700

    $288,000 - $348,000

    $1,935/mo

    Zestimate® history
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    $1,946/mo

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    What's special

    Private roadBright open layout
    A rare find in one of Chapel Hill's most desirable areas, this 2-bedroom, 2-bath home offers a bright, open layout that blends living, dining, and kitchen spaces with ease for both comfort and connection. The primary suite is privately positioned, while the secondary bedroom and full bath offer ideal flexibility for guests or a home office. Set on a private road and offered in as is condition through an estate sale, this property presents an excellent opportunity to personalize a home with strong potential. Minutes from UNC-Chapel Hill, Duke University, and Research Triangle Park, with nearby access to parks, greenways, shopping, dining, and cultural venues, this location delivers both convenience and lasting appeal.

    Zillow last checked:

    Listing updated:

    Listed by:

    Naomi Richardson 919-398-8357,

    Mark Spain Real Estate

    Bought with:

    Johnny Chappell, 267248

    Compass -- Raleigh

    Matt Lunceford Blivin, 325555

    Compass -- Raleigh

    Source: Doorify MLS,MLS#: 10131107MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Electric
    Features
    • Flooring: Carpet, Linoleum
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,188
    • Total interior livable area: 1,188 sqft
    • Finished area above ground: 1,188
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Open
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 2.8 Acres
    Details
    • Parcel number: 9872636575
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame
    • Foundation: Combination
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $268/sqft
    • Tax assessed value: $386,000
    • Annual tax amount: $2,226
    • Date on market: 11/3/2025

    Price history

    DateEventPrice
    11/20/2025Sold$318,000+11.6%$268/sqft
    Source: Doorify MLS #10131107 Report a problem
    11/6/2025Pending sale$285,000$240/sqft
    Source: Doorify MLS #10131107 Report a problem
    11/3/2025Listed for sale$285,000$240/sqft
    Source: Doorify MLS #10131107 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,084 +101.4%$386,000 +73.6%
    2024$1,531 +3.5%$222,400
    2023$1,479 +1.4%$222,400
    2022$1,460 +2.6%$222,400
    2021$1,422 -7.8%$222,400 -0.7%
    2020$1,543 +10.1%$223,900
    2018$1,401 -38%$223,900
    2017$2,259 +7.3%$223,900 +10.1%
    2016$2,105 $203,393
    2015$2,105 +1.5%$203,393
    2014$2,075 $203,393
    2013-- $203,393
    2012-- $203,393
    2011-- $203,393
    2010-- $203,393
    2009-- $203,393 +26%
    2008$1,642 +4.8%$161,401
    2007$1,566 $161,401
    2006-- $161,401
    2005$1,461 +6.1%$161,401 +10.8%
    2004$1,377 +2.4%$145,700
    2003$1,345 +3.2%$145,700
    2002$1,303 +4.6%$145,700
    2001$1,246 +3.7%$145,700 +19.4%
    2000$1,201 $122,031
    Find assessor info on the county website

    Neighborhood: 27516

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orange - New Hope
    • Middle: Orange - A L Stanback
    • High: Orange - Cedar Ridge

    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
    $316,700
    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
    $316,700