1 Cobb Terrace Chapel Hill, NC 27514
Franklin-Rosemary Neighborhood
3
Beds
3
Baths
1,874
Sq Ft
7,405
Sq Ft Lot
Highlights
- Deck
- Recreation Room
- Wood Flooring
- Phillips Middle School Rated A
- Arts and Crafts Architecture
- Granite Countertops
About This Home
As of December 2024''Here is your opportunity to own a beautiful home in the Franklin-Rosemary Historic District. Only 3 blocks from Franklin street and 4 blocks from the Morehead Planetarium but tucked away on a quiet lane, the location is unbeatable for access to UNC and surrounding amenities.
The spacious 3 bedroom and 3 full-bath Craftsman Style bungalow, nestled in a mature wooded garden, has been updated throughout including heartwood pine floors (new and refinished) upstairs and has a screened-in porch off the kitchen leading to a huge deck overlooking a natural ravine.
This home has a spacious living room with fireplace and a lovely updated kitchen and dining area. Energy efficient windows recently installed, new water heater and a brand new electric HVAC system are just a few of the upgrades.
Last Agent to Sell the Property
NorthGroup Real Estate, Inc. License #283722 Listed on: 05/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,184
Year Built
- Built in 1922 | Remodeled
Lot Details
- 7,405 Sq Ft Lot
- Fenced
- Many Trees
- Historic Home
Home Design
- Arts and Crafts Architecture
- Brick Foundation
- Architectural Shingle Roof
- Wood Siding
- Lead Paint Disclosure
Interior Spaces
- 1-Story Property
- Ceiling Fan
- ENERGY STAR Qualified Windows
- Mud Room
- Living Room
- Dining Room
- Home Office
- Recreation Room
- Screened Porch
- Utility Room
Kitchen
- Oven
- Electric Cooktop
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Flooring
- Wood
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
- Primary bathroom on main floor
Basement
- Heated Basement
- Walk-Out Basement
Parking
- 3 Parking Spaces
- 3 Open Parking Spaces
Outdoor Features
- Deck
Schools
- Carrboro Elementary School
- Smith Middle School
- East Chapel Hill High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Community Details
- No Home Owners Association
- Cobb Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 9788-38-9559-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
Dec 12, 2024
Sold by
Unlimited Reload Llc
Bought by
Harrison Keith and Harrison Sandi Keith
Seller's Agent
Chad Meredith
NorthGroup Real Estate, Inc.
Buyer's Agent
Javad Neakta
NC Real Estate Group
List Price
$875,000
Sold Price
$750,000
Premium/Discount to List
-$125,000
-14.29%
Total Days on Market
167
Views
271
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,051
Avg. Annual Appreciation
7.50%
Purchase Details
Closed on
Jul 27, 2023
Sold by
Trustee Services Of Carolina Llc
Bought by
Unlimited Reload Llc and Swinea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,100
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 12, 2021
Sold by
Swinea John David
Bought by
Swinea Regina Wheeler
Purchase Details
Closed on
Jul 6, 2017
Sold by
Holmquist Lennart and Holmquist Jill Ann
Bought by
Wheeler Swinea John David and Wheeler Swinea Regina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2005
Sold by
Young Jane E and Tabor David
Bought by
Holmquist Lennart and Holmquist Jill Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,100
Interest Rate
5.86%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Aug 5, 2003
Sold by
Bell Helen Elizabeth
Bought by
Young Jane E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,105
Interest Rate
5.52%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Chapel Hill, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | None Listed On Document | |
| Trustee Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $575,000 | None Available | |
| Warranty Deed | $443,000 | -- | |
| Warranty Deed | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $136,760 | New Conventional | |
| Previous Owner | $432,100 | New Conventional | |
| Previous Owner | $424,100 | New Conventional | |
| Previous Owner | $93,300 | Credit Line Revolving | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $346,750 | Unknown | |
| Previous Owner | $310,100 | Stand Alone First | |
| Previous Owner | $273,105 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $750,000 | -3.2% | $400 / Sq Ft |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 10/26/2024 10/26/24 | Price Changed | $775,000 | -1.8% | $414 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $789,000 | -1.3% | $421 / Sq Ft |
| 07/23/2024 07/23/24 | Price Changed | $799,000 | -3.1% | $426 / Sq Ft |
| 07/09/2024 07/09/24 | Price Changed | $824,900 | -2.9% | $440 / Sq Ft |
| 06/25/2024 06/25/24 | Price Changed | $849,500 | -2.9% | $453 / Sq Ft |
| 05/16/2024 05/16/24 | For Sale | $875,000 | -- | $467 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,664 | $572,100 | $380,000 | $192,100 |
| 2023 | $9,396 | $572,100 | $380,000 | $192,100 |
| 2022 | $9,001 | $572,100 | $380,000 | $192,100 |
| 2021 | $8,883 | $572,100 | $380,000 | $192,100 |
| 2020 | $7,382 | $444,300 | $266,000 | $178,300 |
| 2018 | $7,170 | $441,300 | $266,000 | $175,300 |
| 2017 | $7,204 | $441,300 | $266,000 | $175,300 |
| 2016 | $7,204 | $437,435 | $216,671 | $220,764 |
| 2015 | $7,204 | $437,435 | $216,671 | $220,764 |
| 2014 | $7,161 | $437,435 | $216,671 | $220,764 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2024
Chad Meredith
NorthGroup Real Estate, Inc.
-
J
Buyer's Agent in 2024
Javad Neakta
NC Real Estate Group
Map
Source: Doorify MLS
MLS Number: 10029377
APN: 9788389559
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