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$1,050,000

Beds
5
Baths
4.0
sq ft
3,536

43 New Rhododendron, Chapel Hill, NC 27517

43 New Rhododendron

Chapel Hill, NC 27517

  • 15 days on market
    • Open house Feb 23
Gorgeous custom built home with great views of the 17th hole on this Davis Love III golf course. As you enter the driveway you're treated to the great curb appeal of this stone/brick and shake exterior with a side load garage. As you enter this fine home you're greeted by a beautiful winding staircase, large foyer and rich real hardwood floors. Right ahead of you is the 2 story great room with a wall of windows treating you to the magnificent course views. The fireplace is flanked by quality built-in cabinetry. The kitchen and breakfast nook flow with the great room to create a large open plan for a group of friends and family. The butler's pantry transitions to the large dining room for your dinner parties. The first floor master bedroom suite also sports views of the course and features two large closets, a soaking tub and a large shower. Back at the entry of the home, there is a large office with large window set to make working from home a joy. Upstairs, you'll find three good sized bedroom and plenty of storage. Over the spacious 2 car garage there is a finished bonus room with a 1/2 bath. This would work well for a guest suite, fitness/workout space, home office and more. The outdoor spaces include a nice screened porch great for mosquito free summer dining, a large open patio for watching the golfers, walkers or just listening to the songs of the birds. The amenities here at The Preserve at Jordan Lake are wonderful. You'll have use of the large pool with grills, a fitness center, community room, tennis courts, basketball court, tennis courts and playground. There are a number of walking trails in the neighborhood that allow you to commune with nature. If you are a golfer, you will really enjoy this Davis Love III designed course. It is semi private so you can have a membership plan or pay a daily rate, just as your non resident friends can. It is a 7000 yard course from the black tees with a slope of 145 and the white tees measure out at 6135 at a 132 slope. And just down the road from this great community is Jordan Lake. It is a gorgeous 13,900 acre state park with multiple boat drop points, at least 8 access area with camping sites, beaches, 15 miles of hiking trails, picnic shelters. On the lake you can paddle/kayak, use power boats, jet ski's and fishing boats. There is plenty of room for everyone. Nearby shopping, dining and services are growing all the time, especially with the newer Chatham Park master planned community and shopping district.

Details

Property type

Single Family Residence

Est. home value

$1,008,499

Lot size

0.47 acres

Price per sq ft

$297

Year built

2005

Annual property taxes

$5,427.46

Monthly HOA fee

$177

Price History

02/07/2025
TriangleMLS

TriangleMLS #10075397

Listed
$1,050,000
+98.11%
05/23/2012
TriangleMLS

TriangleMLS #1819773

Sold
$530,000

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

Fairway Independent Mortgage Corp

Loan start date

March 2021

Original loan amount

$975,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 87 year

Seller

Keneth B G Parson Ii and Lyndia A Parson

Lender

State Employees Cu

Loan start date

May 2017

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Credit Line (Revolving)

Seller

Kenneth B Parson Ii and Lydia A Parson

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: 02/23/2025 at 12:00 AM

Listing updated: 02/20/2025 at 3:06 PM

Listed by: Tom Mabrey, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10075397

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