1 year on rocket

LOT5 Array Dr, Chapel Hill, NC, 27516

$1,085,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,834 SqFt
$383/SqFt
House
Schools Nearby

Location

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LOT5 Array Dr, Chapel Hill$1,085,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Gravel
Garage2 spaces
Year BuiltNew Const., 2023
HeatingActive Solar, Electric, Heat Pump, Passive Solar, Zoned
CoolingHeat Pump, Zoned
FireplaceElectric, Great Room
MLS #2486108
Lot Size1.50 Acres
StatusActive

About LOT5 Array Dr

Construction has begun in Array! Build this modernist home or any design you want in Array, NC’s first net-zero energy neighborhood. This home and all of the homes in Array will be very energy efficient and have active solar. . An Array home was just finished and achieved a HERS score of 8! No utility bills other than the small cost of being connected to the grid. Enjoy beautiful details in a home designed for comfort w/a reduced carbon footprint. Array has a beautiful pond. There will be 3 miles of walking trails, a community garden & a gathering place. 56% of the neighborhood is being kept in open space. This lot and all other lots perk for 5 bedrooms. The septic is in the rear of the lot. Accessory Dwelling Units (ADUs) are allowed as are chickens. High speed internet is coming to Orange County SOON and Array is on the list. Neighbor currently uses Starlink.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Modernist, Transitional
  • Year Built: 2023
  • Living Area: 2,834 SqFt

Listing Office:

  • Office Name: Real Estate Experts
  • Office Phone: (919) 928-5131
  • Listing Agent: Jodi Sharon Bakst, Lynn Nilssen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, ENERGY STAR Qualified Appliances, Microwave, Self Cleaning Oven, Tankless Water Heater, Oven
  • Flooring Type: Hardwood
  • Interior: Entrance Foyer, High Ceilings, Primary Downstairs, Quartz Counters, Shower Only, Smooth Ceilings, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Fireplace: Electric, Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Porch, Screened Porch, Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Gravel

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 1.50 Acres

Utilities

Utilities Information:

  • Heating: Active Solar, Electric, Heat Pump, Passive Solar, Zoned
  • Cooling: Heat Pump, Zoned

School Info

Assigned Schools Information:

  • Cedar Ridge High School, Public District Grades 9-12
  • A L Stanback Middle School, Public District Grades 6-8
  • Grady Brown Elementary School, Public District Grades PK-5
  • Hillsborough Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Hwy 54 go West of Carrboro Plaza. Turn right onto Orange Grove Road. Right on Array Drive. Lot 5 is on the right in the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,085,000
  • Price Per SqFt: $383/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Annually
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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

$653.2K

Med. Price/SqFt

$271

Avg. Days On Market

18

# of Sold Homes

100

LOT5 Array Dr vs Chapel Hill

526 DAYS ON ROCKET

+508 Days

$1,085,000

+$431.7K More

$383/SqFt

+$112 More

KEY TAKEAWAY

This property is $431.7K more than the Median Sold Price and $112/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: #2486108

Listing Office:

  • Office Name: Real Estate Experts
  • Office Phone: (919) 928-5131
  • Listing Agent: Jodi Sharon Bakst, Lynn Nilssen

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: 5/15/2024, 12:50:39 AM 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.

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$5,533

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,319

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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-1109774
6
/10

  • Grady Brown Elementary School

  • 1100 New Grady Brown Rd

  • 7.36 miles

  • Public District Grades PK-5

school-card-donut-1109775
9
/10

  • Hillsborough Elementary School

  • 402 N Nash St

  • 9.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1109776
6
/10

  • A L Stanback Middle School

  • 3700 Nc 86 South

  • 7.78 miles

  • Public District Grades 6-8

High School

school-card-donut-1109777
8
/10

  • Cedar Ridge High School

  • 1125 New Grady Brown School Rd

  • 7.47 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 $69,929. Typical income of Chapel Hill, NC residents is between $35k-100k annually. Residents typically live in married, no kids family. 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 LOT5 Array Dr

What is the listing price of this property?

The listing price of LOT5 Array Dr property is $1,085,000.

What type of property is this?

The property LOT5 Array Dr is a house located in Chapel Hill, North Carolina, 27516.

Is this property for sale now?

Active Listing: LOT5 Array 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 LOT5 Array Dr are:
Grady Brown Elementary School: GreatSchools Rating 6/10
Hillsborough Elementary School: GreatSchools Rating 9/10
A L Stanback Middle School: GreatSchools Rating 6/10
Cedar Ridge High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at LOT5 Array Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property LOT5 Array Dr is 2,834 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for LOT5 Array Dr is 2023.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27516›LOT5 Array Dr

This home is located at LOT5 Array Dr in Chapel Hill, NC and zip code 27516. This 2,834 square foot home, which was built in 2023, sits on a 1.50 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 05, 2022 and is currently priced at $1,085,000.

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. In April 2024 median list price was $653,219 and the average listing age was 18 days.

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

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