*PRICE IMPROVEMENT* Own a piece of Chapel Hill! Tucked amongst a beautiful natural setting of well-established trees and wildlife, this 2 BR, 1.5 BA townhouse will easily become its next owner's happy place. The interior has been freshly painted, new LVP flooring installed, fixtures updated, and 2020 HVAC. Washer/dryer (located upstairs with bedrooms for convenience) and refrigerator convey making this an easy move-in ready purchase. The open floor plan provides lots of flexible living/dining area downstairs that spills out onto the private deck with its peaceful wooded view. The spacious upstairs bedrooms share a full bath designed to provide privacy with two separate vanity areas. You'll be within sight of the pool, around the corner from the Bolin Creek greenway, in the Chapel Hill/Carrboro school system district, a short walk to Umstead Community Park, minutes from Carrboro's farmers market, 1.5 miles from UNC's Campus and Franklin St (accessible from the free bus line or drive your car parked outside your front door in your reserved parking spots), and have direct access to the Triangle's major highway thoroughfares. Whether you're a Tar Heel fan, a prudent investor, a nature lover, a college town enthusiast, a newcomer to the area searching for convenience, or simply someone who wants to take advantage of everything this townhome has to offer, come take a look for yourself. You won't want to leave the peaceful vibe, but if you must, it won't take you long to get to wherever you're going!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1974
Living Area: 1,292 SqFt
Listing Office:
Office Name: Nest Realty of the Triangle
Office Phone: (919) 948-6378
Listing Agent: Jennifer G Hayden
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Washer/Dryer, Water Heater
Basement: No
Flooring Type: Luxury Vinyl, Vinyl
Interior: Open Floorplan
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Exterior: Deck
Parking Information:
Attached Garage: No
Parking: Assigned, Tandem
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Central, Electric, Forced Air, Heat Pump
Cooling: Central Air
Other
Directions Information:
Directions: MLK Jr Blvd to Umstead Dr, turn L onto Village Dr, then R at Ridge Trail. 122 Ridge Trail will be on your R, across from pool. Assigned parking in front of townhouse.
Price Information
Listing Price Info
Price Summary:
List Price: $279,000
Price Per SqFt: $216/SqFt
HOA Fees:
Amount: $300
Frequency: Monthly
Tax Information:
Annual Amount: $2,622
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Chapel Hill, NC.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/10/2024, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 01, 2020
Apr 01, 2020Home Sold
$190,500
Jun 07, 2005
Jun 07, 2005Home Sold
$135,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,622
$148,900
2019
$2,621
$148,900
2018
$2,560
$148,900
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,760
Per Month
Principal & Interest
$1,393
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$300
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$903
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Northside Elementary School
350 Caldwell Ext
Distance between this listing and this school0.35 miles
Public District Grades KG-5
6
/10
Carrboro Elementary School
400 Shelton St
Distance between this listing and this school0.78 miles
Public District Grades KG-5
8
/10
Seawell Elementary School
9115 Seawell School Rd
Distance between this listing and this school1.46 miles
Public District Grades KG-5
Nearby Schools
5
/10
Guy B. Phillips Middle School
606 N Estes Dr
Distance between this listing and this school1.52 miles
Public District Grades 6-8
7
/10
Smith Middle School
9201 Seawell School Rd
Distance between this listing and this school1.58 miles
Public District Grades 6-8
7
/10
C&L McDougle Middle School
900 Old Fayetteville Rd
Distance between this listing and this school1.84 miles
Public District Grades 6-8
Nearby Schools
3
/10
Phoenix Academy High School
750 S Merritt Mill Rd
Distance between this listing and this school1.25 miles
Public District Grades 8-12
8
/10
Chapel Hill High School
9217 Seawell School Rd
Distance between this listing and this school1.88 miles
Public District Grades 9-12
8
/10
Carrboro High School
201 Rock Haven Rd
Distance between this listing and this school2.29 miles
The neighbors living near this home have an average income of $56,720. The most common annual income of people living in Chapel Hill, NC is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 122 Ridge Trl
What is the listing price of this property?
The listing price of 122 Ridge Trl property is $279,000.
What type of property is this?
The property 122 Ridge Trl is a townhouse located in Chapel Hill, North Carolina, 27516.
Is this property for sale now?
Active Listing: 122 Ridge Trl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,622 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 1, 2020 for $190,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 122 Ridge Trl has 2 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 122 Ridge Trl is 1,292 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 122 Ridge Trl is 1974.
This home is located at 122 Ridge Trl in Chapel Hill, NC and zip code 27516 in the Village West neighborhood. This 1,292 square foot home, which was built in 1974, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $279,000.
In October 2024, from all listings sold in Chapel Hill, NC there were more than 21 sold above asking price, over 42 sold below and more than 14 were sold right at the asked price. The number of listings in Chapel Hill, NC increased by 4.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 41 days, the median list price was $679,296.
From Rocket Homes Real Estate and based on county public records data.