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Sold for $525,000
  • $525,000

    2311 Falls Dr, Chapel Hill, NC 27514

    3beds
    2,279sqft
    Single Family Residence, Residential
    Built in 1971
    1.36 Acres Lot
    $552,100 Zestimate®
    $230/sqft
    $3,406 Estimated rent

    Home value

    $552,100

    $513,000 - $596,000

    $3,406/mo

    Zestimate® history
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    What's special

    Partially finished basementDetached garage shopRocking-chair front porchHardwood floorsGranite countersGenerous circular drivewayShipping crate
    Versatile 3BR/2.5BA home, perfectly situated mere minutes from Chapel Hill, Hillsborough, and Duke. Inside, hardwood floors run throughout the main living areas and bedrooms, complemented by a cozy wood-stove in the living room/dining areas. The kitchen features stainless steel appliances, tile backsplash, granite counters, and a pantry, while the upstairs bedroom is a full private suite with it's own bathroom. Step outside to a 40 x 17 deck that flows into the screened gazebo, complete with a built-in bar and mid-sized refrigerator - ideal for entertaining. The partially finished basement (over 1000 sq ft!) can be accessed from inside or outside, and is ideal for a shop, music/art studio, home gym, or extra living space or storage. Additional perks include a true foyer, rocking-chair front porch, generous circular driveway with ample parking, detached garage shop, shipping crate for additional storage, and an extra shed with a covered parking spot. A walkable bridge connects to the adjoining 0.73-acre lot for added land buffer and opportunity, and conveys with the house parcel, for a combined 1.36 acres. All this in a prime location >> less than 2 miles to Hwy 86, 4 miles to I-40, 2.5 miles to Emerson Waldorf School, with quick access to UNC Chapel Hill, Duke University, downtown Hillsborough, and just 25 minutes to RDU.

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalie Bree 919-357-7557,

    Natalie & Co Real Estate

    Bought with:

    Katie Dinsmore, 292898

    Inhabit Real Estate

    Source: Doorify MLS,MLS#: 10120321MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Wood
    • Basement: Block, Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: Blower Fan, Wood Burning Stove
    Interior area
    • Total structure area: 2,279
    • Total interior livable area: 2,279 sqft
    • Finished area above ground: 1,687
    • Finished area below ground: 592

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Has view: Yes
    Lot
    • Size: 1.36 Acres
    Details
    • Parcel number: 9881195538
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Falls Of New Hope
    HOA
    • Has HOA: No
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $381,000
    • Annual tax amount: $2,901
    • Date on market: 10/4/2025

    Price history

    DateEventPrice
    11/20/2025Sold$525,000$230/sqft
    Source: Doorify MLS #10120321 Report a problem
    10/10/2025Pending sale$525,000$230/sqft
    Source: Doorify MLS #10120321 Report a problem
    10/4/2025Listed for sale$525,000$230/sqft
    Source: Doorify MLS #10120321 Report a problem
    9/7/2025Listing removed$525,000$230/sqft
    Source: Doorify MLS #10120321 Report a problem
    9/6/2025Listed for sale$525,000+110%$230/sqft
    Source: Doorify MLS #10120321 Report a problem
    12/2/2016Sold$250,000-2%$110/sqft
    Source: Doorify MLS #2094059 Report a problem
    10/21/2016Listed for sale$255,000-10.5%$112/sqft
    Source: Coldwell Banker Howard Perry and Walston #2094059 Report a problem
    8/26/2016Listing removed$285,000$125/sqft
    Source: Owner #24077776 Report a problem
    6/16/2016Listed for sale$285,000$125/sqft
    Source: Owner Report a problem
    11/27/2014Listing removed$285,000$125/sqft
    Source: Carolina's Choice Real Estate #1951045 Report a problem
    10/8/2014Price change$285,000-5%$125/sqft
    Source: Carolina's Choice Real Estate #1951045 Report a problem
    7/14/2014Price change$299,900-5.4%$132/sqft
    Source: Carolina's Choice Real Estate #1951045 Report a problem
    5/28/2014Listed for sale$316,900$139/sqft
    Source: Carolina's Choice Real Estate #1951045 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,902 +11.2%$381,000 +51.5%
    2024$2,609 +4.6%$251,500
    2023$2,494 +0.4%$251,500
    2022$2,483 +2.3%$251,500
    2021$2,427 -0.9%$251,500 +5.2%
    2020$2,449 $239,100
    2018$2,449 +53.3%$239,100
    2017$1,597 -32.7%$239,100 +1%
    2016$2,374 $236,674
    2015$2,374 +0.8%$236,674
    2014$2,354 $236,674
    2013-- $236,674
    2012-- $236,674
    2011-- $236,674
    2010-- $236,674
    2009-- $236,674 +33%
    2008$1,792 +4.9%$177,993
    2007$1,709 +6.7%$177,993
    2006$1,602 $177,993
    2005$1,602 +4.6%$177,993 +9.7%
    2004$1,532 +3.9%$162,254
    2003$1,475 +4%$162,254
    2002$1,418 +2.9%$162,254
    2001$1,378 +31%$162,254 +51.2%
    2000$1,051 $107,285
    Find assessor info on the county website

    Neighborhood: 27514

    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
    $552,100
    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
    $552,100