Custom built home by Horizon Custom Builders. Hard to find ranch home with 4 bedrooms on main level with a bonus room with full bath on 2nd level. Home its situated on 1.65 acre lot. Act now and still be available to make your own selections. More information coming soon.
Sold for $1,072,722 on 03/03/23
$1,072,722
56 Morgan Ridge Way, Chapel Hill, NC 27516
4beds
3,382sqft
Single Family Residence, Residential
Built in 2023
1.65 Acres Lot
$1,174,300 Zestimate®
$317/sqft
$4,289 Estimated rent
Home value
$1,174,300
$1.07M - $1.28M
$4,289/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 09:24pm
Listed by:
Stan Partin,
Coldwell Banker HPW New Homes
Bought with:
Susan Crawford, 219941
Triangle Home Crew Realty, LLC
Source: Doorify MLS,MLS#: 2422210
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Main Level
Features
- Entrance Foyer, Master Downstairs
- Flooring: Carpet, Hardwood
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 3,382
- Total interior livable area: 3,382 sqft
- Finished area above ground: 3,382
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch, Screened
- Has view: Yes
Lot
- Size: 1.65 Acres
- Features: Hardwood Trees
Details
- Parcel number: 0094338
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch, Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement
Condition
- New construction: Yes
- Year built: 2023
Details
- Builder name: Horizon Custom Builders
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Chapel Hill
- Subdivision: Morgan Ridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $260 quarterly
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2023 | Sold | $1,072,722+20.6%$317/sqft |
Source:  Doorify MLS #2422210 Report a problem | ||
| 2/18/2022 | Pending sale | $889,320$263/sqft |
Source: Doorify MLS #2422210 Report a problem | ||
| 12/7/2021 | Listed for sale | $889,320+1.1%$263/sqft |
Source: Doorify MLS #2422210 Report a problem | ||
| 1/14/2021 | Sold | $880,000$260/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,108 +42.2% | $699,941 +32.5% |
| 2023 | $4,295 +761.4% | $528,283 +729.7% |
| 2022 | $499 +1.3% | $63,675 |
Find assessor info on the county website
Neighborhood: 27516
Nearby schools
GreatSchools rating
- 7/10Perry W Harrison ElementaryGrades: PK-5Distance: 4 mi
- 4/10Margaret B. Pollard Middle SchoolGrades: 6-8Distance: 4.2 mi
- 8/10Northwood HighGrades: 9-12Distance: 7.7 mi
Schools provided by the listing agent
- Elementary: Chatham - Perry Harrison
- Middle: Chatham - Margaret B Pollard
- High: Chatham - Northwood
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,174,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,174,300