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$2,900,000

Beds
5
Baths
5.0
sq ft
7,389

12044 Iredell, Chapel Hill, NC 27517

12044 Iredell

Chapel Hill, NC 27517

  • 27 days on market
An architectural masterpiece situated perfectly on an extensive ''Level'' estate lot which neighbors over 38,000 acres of a nature reserve and located in the beautiful, gated community of the Governors Club, A 27 hole Jack Nicklaus signature golf course. This secluded gem was based on the Frank Lloyd Wright style and built by the renowned, award winning architectural firm, Torke Wirth Pujara who is also recognized by the US Modernist. Each room offers an enjoyable experience some having both vaulted and floating ceilings as well as a floating staircase but all major rooms lend amazing views with the noteworthy windows allowing nature inside throughout the home. Positioned on a cul-de-sac, kitty cornered across to the 6th hole out front and having the 7th hole off the back but just far enough away to allow for your private enjoyment at the firepit with outdoor tv, swimming pool with swim up bar, spa, putting green and 4-season garden. It has been extensively renovated both inside and out (see features list) to obtain a full living experience that embraces serene relaxation with a lot of elbow room. Being just minutes away from UNC, Duke, RDU Airport, RTP, restaurants and shopping - what more could you ask for in a home!!!

Details

Property type

Single Family Residence

Est. home value

$1,929,783

Property condition

Updated/Remodeled

Lot size

1.2 acres

Price per sq ft

$393

Year built

1997

Annual property taxes

$11,490

Monthly HOA fee

$318.33

Price History

10/27/2024
TriangleMLS

TriangleMLS #10060431

Listed
$2,900,000
+249.4%
11/15/2017
TriangleMLS

TriangleMLS #2124543

Sold
$830,000

Schools & Community

Elementary school: 

Chatham - N Chatham

Middle school: 

Chatham - Margaret B Pollard

High school: 

Chatham - Seaforth

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Movement Mortgage

Loan start date

June 2023

Original loan amount

$800,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

New Conventional, 30 year

Seller

Kimberly June Lovegrove and Richard Mark Lovegrove

Lender

Zillow Home Loans Llc

Loan start date

September 2020

Original loan amount

$510,400

Est. remaining balance

$387,298

Interest rate

2.51%

Loan type

New Conventional, 15 year

Seller

Kimberly June Lovegrove and Richard Mark Lovegrove

Lender

First Citizens Bank & Trust Co

Loan start date

July 2020

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Credit Line (Revolving)

Seller

Richard Mark Lovegrove and Kimberly June Lovegrove

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 12:40 PM

Listing updated: 11/04/2024 at 11:00 AM

Listed by: Kimberly Lovegrove, Governors Club Realty Phone #: (919) 968-8500

MLS: TriangleMLS #10060431

TriangleMLS logo

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