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Backup Offers

405 Old Larkspur Way, Chapel Hill, NC, 27516

$1,450,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
5,350 SqFt
$271/SqFt
House
Schools Nearby

Location

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405 Old Larkspur Way, Chapel Hill$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Attached Garage2 spaces
Year Built2006
HeatingCentral, Forced Air, Zoned
CoolingCentral Air, Multi Unit(s)
BasementYes
FireplaceGas, Great Room, Primary Bedroom
MLS #10021189
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 405 Old Larkspur Way

When you drive down the cheerful streets lined with cherry trees, a magical spirit lifts the soul. In the spring, it is like floating through fluffy pink clouds. Your arrival is greeted by a full, brick front porch with room for a welcoming swing and rockers. There are ceiling fans above to provide a breeze on warm summer nights. The open floor plan inside features spacious rooms with good natural light. On the main level, there is a charming library/study with custom built-in smart desks and shelves with integrated LED lighting; a dining room with a built-in buffet (currently a music room); and an open family room/kitchen/ breakfast combination that opens to a spacious, deck and screen porch. Behind the public areas is a bedroom or work area with a full bath. Items to note on the main level include a Wolf range, stainless steel appliances, newly installed composite decking with a Sun Setter retractable awning, smart shades, 4 built-in bookcases, 2 desks, and integrated LED lighting in the library/study, as well as refinished hardwood floors. The Upper Level hosts 4 bedrooms, 3 full baths, a laundry room, and a vaulted media/game room. Newly renovated, the primary bath has a spa shower, walk-in closet, and smart shades. The primary suite features a gas fireplace. Added in 2019 was York A/C with 3 separate climate zones controlled with electronic dampers. York Furnace (2022). The award-winning Lower Level is a source of pride and ultimate pleasure. The renovation was completed with 1600 sq ft, including rock-wool sound/fire insulation, and won the 2020 Remodelers Outstanding Construction Awards for Best Major Renovation in the $100K - $250K price range. Here you will find double wall ovens, an enormous island, stainless steel appliances that include a Bosch induction cooktop, and upscale cabinetry sure to please the most discriminating chef. Additional recent additions include York A/C and Furnace (2019); Central dehumidifier; Screened-in lower level deck with galvanized steel dry-below system (recessed LEDs/fans) for the ceiling; Hard-wired for outdoor speakers; bonus room (currently used as a gym) with full bath; and an Accessible Suite with personal laundry. With views of protected green space, this is an outside living dream come true. There are temperature-sensitive attic fans for summer heat venting. A deep green space behind ups the outdoor enjoyment in this exquisite home. Seeing is believing!

Property Details

Property Features

Property Information:

  • Architectural Style: Arts & Crafts, Traditional, Transitional
  • Year Built: 2006
  • Living Area: 5,350 SqFt

Listing Office:

  • Office Name: Cooke Property
  • Office Phone: (919) 818-5641
  • Listing Agent: Lucia Cooke, Allison Zimmerman

Interior Features

Interior Information:

  • Appliances: Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Oven, Washer/Dryer Stacked, Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Simulated Wood
  • Interior: Apartment/Suite, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Smooth Ceilings, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Fireplace: Gas, Great Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: None, Awnings, Deck, Porch, Screened Porch, See Remarks, Fire Pit, Garden

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Close to Clubhouse, Garden, Gentle Sloping, Landscaped
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Zoned
  • Cooling: Central Air, Multi Unit(s)

School Info

Assigned Schools Information:

  • Chapel Hill High School, Public District Grades 9-12
  • Smith Middle School, Public District Grades 6-8
  • Northside Elementary School, Public District Grades PK-5
  • Carrboro Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $271/SqFt

HOA Fees:

  • Amount: $240
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $11,195
  • 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

405 Old Larkspur Way vs Chapel Hill

24 DAYS ON ROCKET

-34 Days

$1,450,000

+$790.4K More

$271/SqFt

+$3 More

KEY TAKEAWAY

This property is $790.4K more than the Median Sold Price and $3/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: #10021189

Listing Office:

  • Office Name: Cooke Property
  • Office Phone: (919) 818-5641
  • Listing Agent: Lucia Cooke, Allison Zimmerman

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, 2:20:27 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 03, 2013Home Sold
$695,000
Mar 15, 2007Home Sold
$789,000
Aug 23, 2006Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,195$676,300
2019$11,195$676,300
2018$10,947$676,300

History based on county public records data.

Payment Calculator

$7,384

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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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-3147118
5
/10

  • Northside Elementary School

  • 350 Caldwell Ext

  • 3.40 miles

  • Public District Grades PK-5

school-card-donut-3147119
8
/10

  • Carrboro Elementary School

  • 400 Shelton St

  • 3.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3147120
6
/10

  • Smith Middle School

  • 9201 Seawell School Rd

  • 1.70 miles

  • Public District Grades 6-8

High School

school-card-donut-3147121
8
/10

  • Chapel Hill High School

  • 1709 High School Rd

  • 1.53 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 $99,460. Most Chapel Hill, NC residents have annual incomes between $35k-100k. Most families are married, with 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 405 Old Larkspur Way

What is the listing price of this property?

The listing price of 405 Old Larkspur Way property is $1,450,000.

What type of property is this?

The property 405 Old Larkspur Way is a house located in Chapel Hill, North Carolina, 27516.

Is this property for sale now?

Accepting Backup Offers: 405 Old Larkspur Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 405 Old Larkspur Way are:
Northside Elementary School: GreatSchools Rating 5/10
Carrboro Elementary School: GreatSchools Rating 8/10
Smith Middle School: GreatSchools Rating 6/10
Chapel Hill High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,195 (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 3, 2013 for $695,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 405 Old Larkspur Way has 6 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 405 Old Larkspur Way is 5,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 405 Old Larkspur Way is 2006.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27516›405 Old Larkspur Way

This home is located at 405 Old Larkspur Way in Chapel Hill, NC and zip code 27516 in the Larkspur neighborhood. This 5,350 square foot home, which was built in 2006, sits on a 0.19 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $1,450,000.

Over 50 listings were sold over their listed price in March 2024 in Chapel Hill, NC. In the same period over 30 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Chapel Hill, NC increased by 12.3% between February 2024 and March 2024. In March 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $659,600.

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

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