13 days on rocket

12723 Morehead, Chapel Hill, NC, 27517

$1,800,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
5,171 SqFt
$348/SqFt
House
Schools Nearby

Location

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12723 Morehead, Chapel Hill$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1990
HeatingForced Air
CoolingCentral Air
Private PoolYes
MLS #10023270
Lot Size1.70 Acres
StatusActive

About 12723 Morehead

Indulge in the epitome of luxury living with this exquisite estate nestled on a sprawling 1.7-acre lot w/gentle upslope driveway, offering unparalleled privacy and tranquility. Step inside and be greeted by the grandeur of VIEWS from walls of windows seamlessly merging the serene outdoors with the elegant interior. Marvel at the craftsmanship evident in every detail, from the built-in bookcases, numerous floor to ceiling windows to the rich 5'' hardwood floors that grace most of the main level. The living room, adorned with natural stained trim and walls of windows, exudes warmth and sophistication. The heart of the home lies in the spacious kitchen, where a stone fireplace sets the mood for gatherings and culinary delights. Equipped with top-of-the-line Sub Zero and Dacor appliances, granite and quartz countertops, and dual dishwashers, this kitchen is a chef's dream. With PRIMARY BEDROOM on MAIN, and option for a SECOND BEDROOM on MAIN as well, this estate offers comfort and practicality. The primary bedroom has spectacular grooming room/closets for owners privacy. The DR, office,sunroom on Main offer versatility to owners. Upstairs, 4 additional bedrooms and 2 full baths await. Outside, the resort-like backyard beckons with its pool and natural stone waterfall, creating an idyllic retreat. The pergola adds architectural flair and provides an oasis for outdoor dining and relaxation. Fire up the built-in grill and kitchenette for effortless alfresco entertaining. With its sealed crawl space and meticulous construction, this home epitomizes quality and has been lovingly maintained. Ideally situated near Duke, UNC, RDU, Jordan Lake, and renowned medical facilities, it offers the perfect blend of luxury and convenience for the discerning buyer.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Transitional
  • Year Built: 1990
  • Living Area: 5,171 SqFt

Listing Office:

  • Office Name: Governors Club Realty
  • Office Phone: (919) 968-8500
  • Listing Agent: Jill Ehrenfeld

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Slate
  • Interior: Bookcases, Built-in Features, Ceiling Fan(s), Dual Closets, Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Primary Downstairs, Quartz Counters, Walk-In Closet(s), Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Patio, Porch, Fence, Outdoor Grill, Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 12723 Morehead

3D Tour

Lot Features

Lot Information:

  • Lot Size: 1.70 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Located on Mt. Carmel Church Road. Turn onto Governors Club entrance. From the gate house, stay son Governors Drive, left on (2nd ) Morehead at top of hill. Home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $348/SqFt

HOA Fees:

  • Amount: $3820
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,305
  • Tax Year: 2020
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Housing Market Comparison

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

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Chapel Hill, NC

City

Med. Sold Price

$659.6K

Med. Price/SqFt

$268

Avg. Days On Market

58

# of Sold Homes

91

12723 Morehead vs Chapel Hill

13 DAYS ON ROCKET

-45 Days

$1,800,000

+$1.1M More

$348/SqFt

+$80 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $80/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: #10023270

Listing Office:

  • Office Name: Governors Club Realty
  • Office Phone: (919) 968-8500
  • Listing Agent: Jill Ehrenfeld

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: 4/29/2024, 10:20:22 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

Jul 08, 2009Home Sold
$1,200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,305$1,051,409
2019$7,777$1,051,409
2018$7,778$1,051,409
2017$8,590$1,051,409

History based on county public records data.

Payment Calculator

$9,369

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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.

Elementary School

school-card-donut-3373443
6
/10

  • North Chatham Elementary School

  • 3380 Lystra Rd

  • 1.49 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3373444
5
/10

  • Margaret B. Pollard Middle School

  • 185 Granite Mill Blvd

  • 4.02 miles

  • Public District Grades 6-8

High School

school-card-donut-3373445
5
/10

  • Northwood High School

  • 310 Northwood High School Rd

  • 9.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,435. Most Chapel Hill, NC residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12723 Morehead

What is the listing price of this property?

The listing price of 12723 Morehead property is $1,800,000.

What type of property is this?

The property 12723 Morehead is a house located in Chapel Hill, North Carolina, 27517.

Is this property for sale now?

Active Listing: 12723 Morehead is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12723 Morehead are:
North Chatham Elementary School: GreatSchools Rating 6/10
Margaret B. Pollard Middle School: GreatSchools Rating 5/10
Northwood High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,305 (source: MLS/based on county public records data).

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

The last sale was on July 8, 2009 for $1,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12723 Morehead has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 12723 Morehead is 5,171 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12723 Morehead is 1990.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27517›12723 Morehead

This home is located at 12723 Morehead in Chapel Hill, NC and zip code 27517 in the Governor's Club neighborhood. This 5,171 square foot home, which was built in 1990, sits on a 1.70 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,800,000.

In March 2024, from all listings sold in Chapel Hill, NC there were more than 50 sold above asking price, over 30 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Chapel Hill, NC between February 2024 and March 2024 increased by 12.3%. The median list price of listings available in March 2024 was $659,600, while the average time on the real estate market was 58 days.

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

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