CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
FireplaceWood Burning
ViewTrees/Woods
MLS #10058298
StatusActive
About 62 Fernwood Ln
Come and cozy up to this prime 3 bedroom 2.5 bath townhome with Multiple Skylights and Wood Burning Fireplace. 62 Fernwood is located minutes from downtown Chapel Hill with bus stops walking distance from the property. The kitchen has granite countertops, stainless steel appliances and an inviting breakfast nook! The first floor has gorgeous hardwood floors while the upstairs boast Luxury Vinyl Planks. Village West amenities include a community pool, tennis, and basketball. Umstead park is minutes from the townhome and has a playground, walking trails, basketball courts, and several beach volleyball courts! Road is private and maintained by the HOA. Please see associated documents Owner currently uses property as a rental. Buyer is to confirm with the Town of Chapel Hill any town ordinances pertaining to Short Term Rentals.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary, Traditional
Year Built: 1978
Living Area: 1,546 SqFt
Listing Office:
Office Name: Carolina Realty of Chapel Hill
Office Phone: (919) 967-6408
Listing Agent: Adam Stiffler
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Flooring Type: Luxury Vinyl, Tile, Wood
Interior: Breakfast Bar, Granite Counters
Fireplace: Wood Burning
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: Trees/Woods
Exterior: Deck, Patio, Storage
Parking Information:
Attached Garage: No
Parking: Additional Parking, Assigned, On Site
Utilities
Utilities Information:
Heating: Electric, Fireplace(s), Heat Pump
Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
Other
Directions Information:
Directions: From Downtown Chapel Hill take Martin Luther King Blvd North to Umstead Drive Dr and then turn left on Village Drive. Turn left on Bluff Trail and right onto Fernwood Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $439,900
Price Per SqFt: $285/SqFt
HOA Fees:
Amount: $300
Frequency: Monthly
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: 11/23/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,563
Per Month
Principal & Interest
$2,196
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
$1,385
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 school0.30 miles
Public District Grades KG-5
6
/10
Carrboro Elementary School
400 Shelton St
Distance between this listing and this school0.77 miles
Public District Grades KG-5
4
/10
Fpg Elementary School
101 Smith Level Rd
Distance between this listing and this school1.49 miles
Public Magnet Grades PK-5
Nearby Schools
5
/10
Guy B. Phillips Middle School
606 N Estes Dr
Distance between this listing and this school1.54 miles
Public District Grades 6-8
7
/10
Smith Middle School
9201 Seawell School Rd
Distance between this listing and this school1.63 miles
Public District Grades 6-8
7
/10
C&L McDougle Middle School
900 Old Fayetteville Rd
Distance between this listing and this school1.87 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 school1.20 miles
Public District Grades 8-12
8
/10
Chapel Hill High School
9217 Seawell School Rd
Distance between this listing and this school1.93 miles
Public District Grades 9-12
8
/10
Carrboro High School
201 Rock Haven Rd
Distance between this listing and this school2.26 miles
The neighbors living near this home have an average income of $56,720. Typical income of Chapel Hill, NC residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 62 Fernwood Ln
What is the listing price of this property?
The listing price of 62 Fernwood Ln property is $439,900.
What type of property is this?
The property 62 Fernwood Ln is a townhouse located in Chapel Hill, North Carolina, 27516.
Is this property for sale now?
Active Listing: 62 Fernwood Ln is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 62 Fernwood Ln has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 62 Fernwood Ln is 1,546 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 62 Fernwood Ln is 1978.
This home is located at 62 Fernwood Ln in Chapel Hill, NC and zip code 27516 in the Village West neighborhood. This 1,546 square foot home was built in 1978. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $439,900.
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 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.