Orange  »  27516

7018 Old NC 86, Chapel Hill, NC 27516

Orange
Building in 27516
1 Stories
Built in 1962
7018 Old Nc 86 - Photo 1
$1,595
|
2 Bed
|
1 Bath
By Philip Guin
Welcome to 7018 Old NC 86, a building located in Orange in Chapel Hill, NC. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1962. This is a single story building. Finally, 7018 Old NC 86 was most recently sold on Jun 25, 2020 for $154,000. The market value for the land that the building sits on has been listed at $49,000. In addition, improvements upon the building have an added value of $108,600. In total, the total market value of the property as a whole is $157,600. According to local assessors, the total value of the building is currently valued at $157,600. Specifically, the value of the land that the property sits on has been assessed at $49,000. The building was last assessed in 2023. There is another building on the same land that 7018 Old NC 86 was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1962
Effective Year Built
1962
Building Count
2
Total Rooms
6
Bedroom Count
3
Bathroom Count
1
Full Bathrooms
1
Partial Bathrooms
1
Building Condition
unknown
Building Quality
unknown
Construction Type
Masonry
Building Style
Conventional
Exterior Walls Type
Masonry
Interior Walls Type
unknown
Roof Shape Type
Gable
Roof Cover Type
Shingle (not wood)
Floor Count
1
Living Units
1
Floor Cover
unknown
Basement Type
Full basement
Basement Area
0
Garage Type
Carport
Garage Square Area
500
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
1
Standard Land Use Code
Single family residential
County Land Use Code
Single family residential
Legal Description 1
E/S OLD HWY 86
Ownership
Current Owner
REED ADAM
Current Owner's Name
REED ADAM
Current Owner 2
REED EMILY
Current Owner 2's Name
REED EMILY
Previous Owner
WELLS FARGO BANK NA
Previous Owner's Name
WELLS FAROG BANK NA
Previous Owner 2's Name
BEAR STEARNS ASSET BACKED SECURITIES I T
Owner Address - City
CHAPEL HILL
Owner Address - State
NC
Owner Address - ZIP Code
27516
Owner First Name
ADAM
Owner Last Name
REED
Second Owner First Name
EMILY
Second Owner Last Name
REED
Owner Before Previous Owner
BATTLE JAMES E
Owner Before Previous Owner 2
WILKINS JEREMY B
Neighborhood
School District Name
Chapel Hill-Carrboro Schools
School Tax School District
CH-CARR SCHOOL
Census Tract
011208
Zoning
Zoning
RR
Geography
Assessors Map Reference
16-E-572
District
7
Parcel
9860-89-8480
Lot Code
unknown
Municipality
CHAPEL HILL
Latitude
35.9741
Longitude
-79.1045
FIPS
37135
Mailing Carrier Code
R004
Mailing Full Street Address
7312 UNION GROVE CHURCH RD
Mailing House Number
7312
Mailing Street Mode
RD
Mailing Street
UNION GROVE CHURCH
Mailing 4-Digit Zip Code
5270
Geo Status Code
unknown
Valuation
Timestamp
2023-10-18 00:58:53
UCID Flag
C
More About The Building
In total, the building area is listed as 1,563 square feet. The building itself has 3,698 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 7018 Old NC 86 is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 27516 area have a median price of $2,600. Those in the 25th percentile, have a price around $1,800. While those in the 75th percentile, have a price around $3,200. Typically, the buildings in this area have a median sqft of 1,542. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There is currently one advertised studio listing.
  • There are currently a total of 4 one bedroom listings. The median price for these types of listings is $1,056. That's $2.40 price per sqft.

  • There are currently a total of 6 two bedroom listings. The median price for these types of listings is $1,888. That's $1.79 price per sqft.

  • There are currently a total of 8 three bedroom listings. The median price for these types of listings is $2,600. That's $1.59 price per sqft.

  • There are currently a total of 10 four bedroom listings. The median price for these types of listings is $3,150. That's $1.31 price per sqft.
About The Area
7018 Old NC 86 is located in 27516. There are 40,515 people living here. There are 14,535 households. Most of these households have an average family size of 3.05 people. According to the census, 34% are currently renting while 66% own their homes. The median age of this population is around 33.1 years old. On average, most folks in the zipcode are married. About 16% of folks speak a language other than English in this area. The area's employment rate is currently around 63.2%. Speaking of employment, the median income is $77,336. Most folks will commute by car for around 23.0 minutes. Finally, we know that 10% of residents in the area have graduated with their high school degree. Additionally, 29% and 39% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Orange County, North Carolina has a population of 139,807 people. Based on census records, there are 51,728 registered households. Families in this area are on average made up of 3.06 people per household. Most folks are unmarried. They are also typically around 33.6 years old. Does diversity matter to you? Right now, 17% of folks speak a language other than English here. About 39% rent while 61% purchased their homes. Right now, the community is made up of 15% of residents who have graduated with at least a high school degree. On top of that, 26% have a Bachelor's degree and 32% have a Master's degree. The employment rate is currently around 62%. Those employed, have a median income of $61,130.

-
Studio Median Rent
$1,056
1BR Median Rent
$1,888
2BR Median Rent
$2,600
3BR Median Rent
PUBLIC TRANSIT
HS
Morris Grove Elementary (0.55 mi - 13 min walk)
Chapel Hill Transit

Nearby Schools

(within attendance boundary)
Morris Grove Elementary  •  0.5 mi
215 Eubanks Rd, Chapel Hill, NC 27516
Public  •  Elementary  •  Grades PK to 5
Chapel Hill-carrboro Schools
McDougle Middle  •  3.17 mi
900 Old Fayetteville Rd, Chapel Hill, NC 27516
Public  •  Middle School  •  Grades 6 to 8
Chapel Hill-carrboro Schools
Chapel Hill High  •  2.32 mi
1709 High School Rd, Chapel Hill, NC 27516
Public  •  High School  •  Grades 9 to 12
Chapel Hill-carrboro Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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