11 months on rocket

115 Araya Ln, Chapel Hill, NC, 27516

$350,000

4.97 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #2514759
Lot Size4.97 Acres
StatusActive

About 115 Araya Ln

Beautiful almost 5 acre lot in the Glen Ridge neighborhood in North Chatham county, near the Orange county line, 10 minutes to Chapel Hill. Gorgeous hardwoods with a small, clear running creek on the back line of the lot. Several potential building sites including one overlooking the creek. Gorgeous hardwoods, must walk it to really appreciate its full beauty! This lot was being held by the developer to build his next home but is now available. Close to UNC with low Chatham County taxes. Paved private road with road maintenance agreement. See photos for aerial view and plat. There is a 5 bedroom septic permit. Red tape on lot are the approximate lot lines designated by seller not from the official survey. The blue and white survey ribbons mark the proposed driveway starting at the real estate sign. HOA fee is for the private roads and is 150/year and not applicable on vacant lots. Part of sellers driveway is on the lot, the seller will have an attorney draft an easement for this.

Property Details

Property Features

Listing Office:

  • Office Name: Fathom Realty NC, LLC
  • Office Phone: (888) 455-6040
  • Listing Agent: Susie Shachtman

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Wooded
  • Lot Size: 4.97 Acres

School Info

Assigned Schools Information:

  • Northwood High School, Public District Grades 9-12
  • Margaret B. Pollard Middle School, Public District Grades 6-8
  • Perry W Harrison Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Chapel Hill. Smith Level to slight right on Damascus Church to left on Meecham and left on Glen Ridge. Rt on Araya Lane look for the for sale sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

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

Med. Sold Price

$653.2K

Med. Price/SqFt

$271

Avg. Days On Market

18

# of Sold Homes

100

115 Araya Ln vs Chapel Hill

332 DAYS ON ROCKET

+314 Days

$350,000

-$303.2K Less

KEY TAKEAWAY

This property is $303.2K 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: #2514759

Listing Office:

  • Office Name: Fathom Realty NC, LLC
  • Office Phone: (888) 455-6040
  • Listing Agent: Susie Shachtman

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. 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: 5/3/2024, 9:20:39 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

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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.

Elementary School

school-card-donut-5593480
6
/10
  • Perry W Harrison Elementary School

  • 2655 Hamlets Chapel Rd

  • 4.32 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5593481
5
/10
  • Margaret B. Pollard Middle School

  • 185 Granite Mill Blvd

  • 3.01 miles

  • Public District Grades 6-8

High School

school-card-donut-5593482
5
/10
  • Northwood High School

  • 310 Northwood High School Rd

  • 7.86 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,537. Residents of Chapel Hill, NC typically earn between $100k-200k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 115 Araya Ln

What is the listing price of this property?

The listing price of 115 Araya Ln property is $350,000.

What type of property is this?

The property 115 Araya Ln is land located in Chapel Hill, North Carolina, 27516.

Is this property for sale now?

Active Listing: 115 Araya Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 115 Araya Ln are:
Perry W Harrison Elementary School: GreatSchools Rating 6/10
Margaret B. Pollard Middle School: GreatSchools Rating 5/10
Northwood High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 115 Araya Ln is 4.97 acres.
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Rocket HomesNorth CarolinaOrange CountyChapel Hill27516115 Araya Ln

This home is located at 115 Araya Ln in Chapel Hill, NC and zip code 27516. This home sits on a 4.97 acre lot. It has been listed on Rocket Homes since June 06, 2023 and is currently priced at $350,000.

Chapel Hill, NC housing market in April 2024 saw over 46 listings sold above listed price, more than 25 sold at listed price and over 29 sold below. The number of homes for sale in Chapel Hill, NC increased by 2.2% between March 2024 and April 2024. While the average time on the market in April 2024 was 18 days, the median list price was $653,219.

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

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