9 months on rocket

197 Swansea Ln, Chapel Hill, NC, 27516

$520,000

10.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewPanoramic, Trees/Woods
MLS #10009275
Lot Size10.08 Acres
StatusActive

About 197 Swansea Ln

Your dream home and tranquil oasis awaits! 10+ acres, within the coveted Chapel Hill/Carrboro school district. Been dreaming of a modern home with wooded vistas, or a gorgeous estate home close town? Build a home perfectly tailored to your wants and needs within this bucolic, established neighborhood. Property has cleared driveway and has been partially cleared for homesite. Gorgeous older hardwoods and pines with a quiet offshoot of Morgan Creek running through. Incredibly peaceful, at the end of a private road, and just minutes to downtown Chapel Hill! Soil + site evaluation + architect meetings reveal this property is ready for new life! Lot has active permits for well and septic. Sellers have worked with Chapel Hill based architect, Calico Studio to design a stunning modern home and workshop. Adapt this plan or create a new design to your needs. Freedom to bring your own builder/team. An extraordinary opportunity in the heart of Chapel Hill. Stop your search and build your dream!

Property Details

Property Features

Listing Office:

  • Office Name: Inhabit Real Estate
  • Office Phone: (919) 808-4549
  • Listing Agent: Marie K Brockenbrough

Exterior Features

Exterior Information:

  • View: Panoramic, Trees/Woods

Lot Features

Lot Information:

  • Lot: Cleared, Trees, Level, Native Plants, Private, Secluded, Views, Wooded, Driveway
  • Lot Size: 10.08 Acres

Other

Directions Information:

  • Directions: From 54, head south on Old Fayetteville Rd and turn onto Swansea Ln (private road). The property is located at end of the cul-de-sac, on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,302
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chapel Hill, NC.

Med. Sold Price

$679.2K

Med. Price/SqFt

$278

Avg. Days On Market

41

# of Sold Homes

77

197 Swansea Ln vs Chapel Hill

290 DAYS ON ROCKET

+249 Days

$520,000

-$159.2K Less

KEY TAKEAWAY

This property is $159.2K less than the Median Sold Price in Chapel Hill, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10009275

Listing Office:

  • Office Name: Inhabit Real Estate
  • Office Phone: (919) 808-4549
  • Listing Agent: Marie K Brockenbrough

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

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: 11/18/2024, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2021Home Sold
$300,000
May 05, 2020Home Sold
$247,000
Mar 16, 2006Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,302$283,100
2019$3,302$283,100
2018$3,253$283,100

History based on county public records data.

Payment Calculator

$2,683

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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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.

Nearby Schools

school-card-donut-697795
7
/10
  • McDougle Elementary School

  • 890 Old Fayetteville Rd

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-697796
6
/10
  • Carrboro Elementary School

  • 400 Shelton St

  • 1.44 miles

  • Public District Grades KG-5

school-card-donut-697797
8
/10
  • Seawell Elementary School

  • 9115 Seawell School Rd

  • 2.05 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,835. Typical income of Chapel Hill, NC residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 197 Swansea Ln

What is the listing price of this property?

The listing price of 197 Swansea Ln property is $520,000.

What type of property is this?

The property 197 Swansea Ln is land located in Chapel Hill, North Carolina, 27516.

Is this property for sale now?

Active Listing: 197 Swansea Ln 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 $3,302 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2021 for $300,000. (source: MLS/tax record).

How much acreage is this property?

The property 197 Swansea Ln is 10.08 acres.
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Rocket HomesNorth CarolinaOrange CountyChapel Hill27516197 Swansea Ln

This home is located at 197 Swansea Ln in Chapel Hill, NC and zip code 27516 in the Morgan Glen neighborhood. This home sits on a 10.08 acre lot. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $520,000.

In October 2024 more than 21 listings in Chapel Hill, NC were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 42 were sold below. The number of homes for sale in Chapel Hill, NC increased by 4.6% between September 2024 and October 2024. In October 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $679,296.

From Rocket Homes Real Estate and based on county public records data.

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