The Best of life in Chapel Hill waits for you here in Governors Club! You'll fall in love with this nationally recognized community located in Chapel Hill built around an award-winning 27-hole Jack Nicklaus Signature golf course. Minutes from ''The Triangle'', enjoy an easy commute to the Research Triangle Park & RDU International airport,great public and private elementary and secondary schools, biking trails, nearby boating at our 13,940 acre Jordan Lake,and the benefits of living near renowned universities, teaching hospitals and healthcare. There is so much to explore: parks & gathering areas, a fabulous private club, pool, tennis and pickleball courts, world-class dining in the private club, golf, community wine and art clubs, charming neighborhoods, and even the community dog park! Design your home to meet all your needs! Homesites are set along the way up Governors Club's Edwards Mountain- a beautiful park life setting to more than 900 families of all ages. These homesites range in acreage from .72 to .78 and are each being offered for $99,000. The lots have some slope to them so this would be perfect for a hilltop view or a home with a finished lower level! We are happy to connect you with some of the area's finest home builders to explore the possibilities of designing a home curated to meet your dreams & support the needs of your family.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Elite Realty
Office Phone: (984) 244-5830
Listing Agent: Masha Halpern
Lot Features
Lot Information:
Lot: Trees, Interior Lot, Rolling/Hilly, Sloped
Lot Size: 0.78 Acres
Other
Directions Information:
Directions: From Chapel Hill Take 15501S to Mount Carmel Church Rd. Right into community on Governors Club Dr. Through Gate, Left on Morehead. The homesite will be on the right ( see # marker near base of homesite. ) on the right side of the hill just passed the Morehead Forest/ Wilkinson Park Access.
Price Information
Listing Price Info
Price Summary:
List Price: $99,000
HOA Fees:
Amount: $2865
Frequency: Annually
Tax Information:
Annual Amount: $450
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: 12/18/2024, 11:21:11 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
DATE
EVENT
PRICE
Jun 08, 2020
Jun 08, 2020Home Sold
$45,000
Dec 22, 2017
Dec 22, 2017Home Sold
$37,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$450
$57,834
2019
$422
$57,834
2018
$423
$57,834
2017
$507
$57,834
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.
$800
Per Month
Principal & Interest
$495
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)
$238
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
$363
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
7
/10
North Chatham Elementary School
3380 Lystra Rd
Distance between this listing and this school1.12 miles
Public District Grades PK-5
7
/10
Scroggs Elementary School
501 Kildaire Rd
Distance between this listing and this school3.19 miles
Public District Grades KG-5
4
/10
Fpg Elementary School
101 Smith Level Rd
Distance between this listing and this school4.60 miles
Public Magnet Grades PK-5
Nearby Schools
7
/10
Culbreth Middle School
225 Culbreth Rd
Distance between this listing and this school3.87 miles
Public District Grades 6-8
7
/10
Margaret B. Pollard Middle School
185 Granite Mill Blvd
Distance between this listing and this school3.94 miles
Public District Grades 6-8
4
/10
Willow Oak Montessori
1476 Andrews Store Rd
Distance between this listing and this school4.17 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Woods Charter
160 Woodland Grove Ln
Distance between this listing and this school3.80 miles
Public Charter Grades KG-12
8
/10
Carrboro High School
201 Rock Haven Rd
Distance between this listing and this school4.39 miles
Public District Grades 9-12
3
/10
Phoenix Academy High School
750 S Merritt Mill Rd
Distance between this listing and this school4.78 miles
The neighbors living near this home have an average income of $105,435. Most Chapel Hill, NC residents have annual incomes between $35k-100k. The most common type of family is 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 70005 Morehead
What is the listing price of this property?
The listing price of 70005 Morehead property is $99,000.
What type of property is this?
The property 70005 Morehead is land located in Chapel Hill, North Carolina, 27517.
Is this property for sale now?
Active Listing: 70005 Morehead 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 $450 (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 8, 2020 for $45,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 70005 Morehead in Chapel Hill, NC and zip code 27517 in the Governor's Club neighborhood. This home sits on a 0.78 acre lot. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $99,000.
Chapel Hill, NC housing market in November 2024 saw over 21 listings sold above listed price, more than 12 sold at listed price and over 35 sold below. In November 2024 in Chapel Hill, NC there were 8.6% less homes for sale than in October 2024. Listings spent 31 days on the market in November 2024, and had a median list price of $685,380 during the same period.
From Rocket Homes Real Estate and based on county public records data.