This is truly 'Gold Dirt,' a developer's dream or a sterling investment for the future. Five bedroom home on 27 sprawling acres, 5 minutes from the new Apple Campus, adjacent to Old Chatham Golf Club. Immediate access to the American Tobacco Trail, this gem of parcels are conveniently located near everything. Minutes from Jordan Lake and RTP, just off of O'Kelley Chapel Rd. A Durham address, but in Chatham County with lower taxes! Within several hundred yards of Cary City Limits. Currently zoned residential.
Property Details
Property Features
Property Information:
Architectural Style: Transitional
Year Built: 1973
Living Area: 3,511 SqFt
Listing Office:
Office Name: DASH Carolina
Office Phone: (984) 205-2279
Listing Agent: Karl E Stromberg
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
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: Get on I-540 W from Six Forks Rd. Continue on I-540W to NC-55 W. Take exit 66B from NC-540 W. Take O'Kelly Chapel Rd to Chatham Glen Dr in Chatham County.
Price Information
Listing Price Info
Price Summary:
List Price: $6,500,000
Price Per SqFt: $1,851/SqFt
Tax Information:
Annual Amount: $2,693
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 Durham, NC.
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: 4/28/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,693
$329,291
2019
$2,468
$329,291
2018
$2,469
$329,291
2017
$2,539
$329,291
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.
$32.5K
Per Month
Principal & Interest
$32.4K
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)
$0
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
$19.5K
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.
Elementary School
6
/10
North Chatham Elementary School
3380 Lystra Rd
Distance between this listing and this school6.51 miles
Public District Grades PK-5
Middle School
5
/10
Margaret B. Pollard Middle School
185 Granite Mill Blvd
Distance between this listing and this school10.70 miles
Public District Grades 6-8
High School
5
/10
Northwood High School
310 Northwood High School Rd
Distance between this listing and this school15.32 miles
Public District Grades 9-12
Assigned Schools
6
/10
North Chatham Elementary School
3380 Lystra Rd
Distance between this listing and this school6.51 miles
Public District Grades PK-5
Nearby Schools
8
/10
Alston Ridge Elementary School
11555 Green Level Church Rd
Distance between this listing and this school1.75 miles
Public District Grades KG-5
8
/10
Mills Park Elementary School
509 Mills Park Dr
Distance between this listing and this school2.83 miles
Public District Grades KG-5
Assigned Schools
5
/10
Margaret B. Pollard Middle School
185 Granite Mill Blvd
Distance between this listing and this school10.70 miles
Public District Grades 6-8
Nearby Schools
10
/10
Mills Park Middle School
441 Mills Park Dr
Distance between this listing and this school2.73 miles
Public District Grades 6-8
4
/10
Lowe's Grove Middle School
4418 S Alston Ave
Distance between this listing and this school4.61 miles
Public District Grades 6-8
Assigned Schools
5
/10
Northwood High School
310 Northwood High School Rd
Distance between this listing and this school15.32 miles
Public District Grades 9-12
Nearby Schools
8
/10
Panther Creek High School
6770 Mccrimmon Pkwy
Distance between this listing and this school1.52 miles
Public District Grades 9-12
3
/10
Kestrel Heights School
4700 S Alston Ave
Distance between this listing and this school4.17 miles
The neighbors living near this home have an average income of $82,985. Residents of Durham, NC typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 38 Chatham Glen Dr
What is the listing price of this property?
The listing price of 38 Chatham Glen Dr property is $6,500,000.
What type of property is this?
The property 38 Chatham Glen Dr is a house located in Durham, North Carolina, 27713.
Is this property for sale now?
Active Listing: 38 Chatham Glen Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 38 Chatham Glen Dr are: North Chatham Elementary School: GreatSchools Rating 6/10Margaret B. Pollard Middle School: GreatSchools Rating 5/10Northwood 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 $2,693 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 38 Chatham Glen Dr has 5 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 38 Chatham Glen Dr is 3,511 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 38 Chatham Glen Dr is 1973.
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 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 38 Chatham Glen Dr in Durham, NC and zip code 27713. This 3,511 square foot home, which was built in 1973, sits on a 27.88 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 06, 2022 and is currently priced at $6,500,000.
Durham, NC housing market in March 2024 saw over 100 listings sold above listed price, more than 62 sold at listed price and over 125 sold below. The number of homes for sale in Durham, NC increased by 4.1% between February 2024 and March 2024. Listings spent 70 days on the market in March 2024, and had a median list price of $414,880 during the same period.
From Rocket Homes Real Estate and based on county public records data.