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81117 Alexander, Chapel Hill, NC, 27517

5beds
4baths
3,610sqft
$835,000
$231price/sqft
$5,234/moest. monthly cost
$209,360/yrincome needed

About This Home

''Just the right-size'' home in the Morehead Forest neighborhood of gated Governors Club. Level lot, easy access to walking trails. Amazing primary suite on the main with sitting area and huge ensuite bath with step in shower, soaking tub and separate vanities. Great room with 20' vaulted ceiling, plus a gorgeous window that brings in natural light. Central fireplace with mantle and surround (electric, can be converted back to gas). Beautiful formal dining room, with views to the landscaped from yard. Kitchen with abundant maple cabinets, granite counters and breakfast bar. Appliances include four burner gas cooktop, wall oven and built-in microwave. Separate casual dining area with access to significant screened porch. An additional bedroom on the main is adjacent to full bath and currently used as an office. Second floor consists of three more bedrooms, two full baths, generous bonus room and separate family/media room. Walk-up to the unfinished attic. Time to live your best life in Governors Club, a sought-after lifestyle community with 27-hole Jack Nicklaus signature golf course. Chapel Hill address, located in Chatham county, lowest taxes in the Triangle! Easy access to world class medical care, UNC and Duke universities, Research Triangle Park, many restaurants, shopping and entertainment. Golf and fitness memberships are extra fees.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
17
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2007

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Full bathrooms: 4

Property

Lot

  • Lot size: 9,147 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Hail
Hurricane
Heat Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Chatham County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,222$50,664
Home Insurance *$245$2,940
Property Taxes $431$5,172
Electricity $336$4,034
Total$5,234$62,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$179,451/yr
40% on housing$157,020/yr
45% on housing$139,573/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.4%
3.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 27517$265
Chatham County$289

vs Homes Sold Last Month

Median $/sqft

ZIP 27517$250
Chatham County$256

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentGretchen Castorina
BrokerageCompass -- Chapel Hill - Durham

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