2 months on rocket

401 Lakeshore Ln, Chapel Hill, NC, 27514

$1,050,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
3,573 SqFt
$294/SqFt
House

Location

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401 Lakeshore Ln, Chapel Hill$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Deck, Detached, Garage, Gravel, Parking Pad
Garage2 spaces
Year Built1974
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Dual, Ceiling Fan(s)
FireplaceKitchen, Living Room, Primary Bedroom, Wood Burning
MLS #10048767
Lot Size0.63 Acres
StatusActive

About 401 Lakeshore Ln

Classic modernist roof line on this wonderful, spacious contemporary home located in the popular Lake Forest neighborhood. Full lake privileges. Built in 1974, then added on to and renovated in 2005, it has soaring ceilings, hardwood floors, and tons of windows. The convenient circular driveway with plenty of parking makes living and entertaining a breeze. The detached two-car garage seamlessly ties into the home and landscaping. The home lives large and has 4 bedrooms and 4 bathrooms on the main level (Primary bedroom and bath included) and 1 bedroom with a wall of built-in bookshelves and bathroom upstairs. On the main level there is a mirrored room that has served mostly recently as a game room but has also been an exercise room. Beyond that room is an office with its own private entrance. The living room has walls of glass and has a small deck off to the side. Off the living room the dining room has a step down into the sunroom. The painted sunroom flooring is engineered wood(?) which had some water stains from a previous roof leak (leak has been fixed) and water stains from plants. Kitchen renovation presumably dates to 2005 and has Corian countertops. All appliances convey as-is but please note that the refrigerator water dispenser is no longer working. The fireplaces in the living room, kitchen, and primary bedroom are not functional. The primary bedroom is private and has a large walk-through closet. The primary bath has double vanities, a comfortable soaking tub, and large walk-in shower. Lovely family room with skylights and many windows offers several seating areas and opens to the screen porch and deck. The fabulous screen porch with tongue and groove wooden ceiling and ceiling fan is a perfect place to gather as we enter the fall season. The home is nestled under mature trees, and you can meander through the back yard on several gravel paths. Note: crawl space is quite damp and we are in the process of having that looked at.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Modernist
  • Year Built: 1974
  • Living Area: 3,573 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeService
  • Office Phone: (919) 383-4663
  • Listing Agent: Sally Clark

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Washer/Dryer, Water Heater
  • Basement: No
  • Flooring Type: Hardwood, Tile, Vinyl
  • Interior: Bathtub/Shower Combination, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Primary Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Solar Tube(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Kitchen, Living Room, Primary Bedroom, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Porch/Covered, Deck, Porch Front, Porch, Screened Porch, Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Circular Driveway, Deck, Detached, Garage, Gravel, Parking Pad

Lot Features

Lot Information:

  • Lot: Trees, Landscaped, Wooded
  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air, Dual, Ceiling Fan(s)

Other

Directions Information:

  • Directions: FROM DT CHAPEL HILL: Take E Franklin St toward Battle Ln. Continue to US-15N/US-501N. Right on Erwin Rd. Left on Old Oxford Rd E. Right on Booker Creek Rd. Left on Lakeshore Lane. Home is on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $294/SqFt

HOA Fees:

  • Amount: $540
  • Frequency: Annually

Tax Information:

  • Annual Amount: $11,709
  • 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

401 Lakeshore Ln vs Chapel Hill

86 DAYS ON ROCKET

+45 Days

$1,050,000

+$370.7K More

$294/SqFt

+$16 More

KEY TAKEAWAY

This property is $370.7K more than the Median Sold Price and $16/SqFt more than other homes in Chapel Hill, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10048767

Listing Office:

  • Office Name: Berkshire Hathaway HomeService
  • Office Phone: (919) 383-4663
  • Listing Agent: Sally Clark

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: 11/17/2024, 11:50:55 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

Feb 28, 2017Home Sold
$666,500
May 17, 2011Home Sold
$587,000
Jul 03, 2008Home Sold
$690,000
Jul 15, 2004Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,709$701,600
2019$11,593$701,600
2018$11,332$694,500

History based on county public records data.

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$5,353

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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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-720616
8
/10
  • Ephesus Elementary School

  • 1495 Ephesus Church Rd

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-720617
7
/10
  • Estes Hills Elementary School

  • 500 N Estes Dr

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-720618
5
/10
  • Creekside Elementary School

  • 5321 Ephesus Church Rd

  • 2.36 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,871. The most common annual income of people living in Chapel Hill, NC is between $35k-100k. Most families are 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 401 Lakeshore Ln

What is the listing price of this property?

The listing price of 401 Lakeshore Ln property is $1,050,000.

What type of property is this?

The property 401 Lakeshore Ln is a house located in Chapel Hill, North Carolina, 27514.

Is this property for sale now?

Active Listing: 401 Lakeshore 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 $11,709 (source: MLS/based on county public records data).

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

The last sale was on February 28, 2017 for $666,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 401 Lakeshore Ln has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 401 Lakeshore Ln is 3,573 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Lakeshore Ln is 1974.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27514›401 Lakeshore Ln

This home is located at 401 Lakeshore Ln in Chapel Hill, NC and zip code 27514 in the Lake Forest neighborhood. This 3,573 square foot home, which was built in 1974, sits on a 0.63 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $1,050,000.

Over 21 listings were sold over their listed price in October 2024 in Chapel Hill, NC. In the same period over 42 listings were sold below the listed price and 14 listings were sold for the listed price. The number of listings in Chapel Hill, NC increased by 4.6% between September 2024 and October 2024. In October 2024 median list price was $679,296 and the average listing age was 41 days.

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

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