M
Seller's Agent in 2024
Mei Mei Wing Nei Ngai
Wing Nei Ngai, Broker
(510) 936-2266
22 Total Sales
107 W Poplar Ave Carrboro, NC 27510
Estimated Value: $348,000 - $461,000
2
Beds
1
Bath
905
Sq Ft
$437/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Window Unit Cooling System
- Smith Middle School Rated A
- Eat-In Kitchen
- 5-minute walk to Carrboro Farmers Market and Playground
About This Home
As of May 2024LOCATION! BIG FLAT LOT! POTENTIAL! Location! In the heart of Carrboro nestled on a spacious 11,000 sq ft+ FLAT lot, this adorable 905 sq ft, 2 bed 1 bath ranch house offers endless possibilities. Walking distance to downtown and the much-anticipated 203 Project, the future home of Carrboro Recreation, Parks and Cultural Resources & Orange County Southern Branch Library. UNC Chapel Hill / Franklin St is only 7 mins drive/12 mins bike away. NO HOA!
** With AMPLE LOT SIZE IN ZONE R75, you can build addition to the existing structure, or a brand-new single family or an ADU (city's set back and sq ft requirements apply), opportunities abound for self-occupancy, rental income, redevelopment, or all of the above, making this property a versatile asset for any buyer. And with neighboring properties fetching prices at ~$700k to $900K (according to Zestimate), investing in this prime location is not just a home, it's a savvy financial move.
** UPGRADES: Brand new in 2024 - roof, sump pump, vapor barrier, water heater. Brand new in 2023 - heat pump, refrigerator. Storage shed in the backyard provides extra storage.
** GREAT TALENT IN PLACE who keep the property in excellent condition, you can enjoy passive income while exploring your options for the future. Currently renting below market value at $1600. Lease expires 5/31/2024.
** Please do not disturb tenants.
** Property has central heat with a brand new heat pump. Each room has a ceiling fan. Living room has a window AC unit. There is no central cooling in the property. Crack was observed in the foundation wall near the rear corner. Structural engineer inspected and considered the crack a normal range for a house of this age in the Carrboro and did not feel that repairs are currently required other than re-pointing of the crack. Structural engineer report provided in the MLS doc.
Last Agent to Sell the Property
Wing Nei Ngai, Broker License #323475 Listed on: 04/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,713
Year Built
- Built in 1942
Lot Details
- 0.26 Acre Lot
- Few Trees
Home Design
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 905 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Washer
Kitchen
- Eat-In Kitchen
- Free-Standing Electric Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Primary bathroom on main floor
Attic
- Pull Down Stairs to Attic
- Unfinished Attic
Parking
- 4 Parking Spaces
- No Garage
- Unpaved Parking
- 4 Open Parking Spaces
Outdoor Features
- Outdoor Storage
Schools
- Carrboro Elementary School
- Mcdougle Middle School
- Chapel Hill High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Natural Gas Connected
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 9778671003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
May 24, 2024
Sold by
Poplar Assets Llc
Bought by
Rubish Kathryn
Seller's Agent
Mei Mei Wing Nei Ngai
Wing Nei Ngai, Broker
Buyer's Agent
Giselle Feiger
Hodge&KittrellSothebysIntlRlty
List Price
$375,000
Sold Price
$440,000
Premium/Discount to List
$65,000
17.33%
Views
31
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
-$44,243
Avg. Annual Appreciation
-8.19%
Original Mortgage
$200,000
Outstanding Balance
$197,560
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$198,197
Purchase Details
Closed on
Apr 19, 2023
Sold by
Cmg Nc Assets Llc
Bought by
Poplar Assets Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,500
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2019
Sold by
Hensley Steven W and Hensley Steven W
Bought by
Riggsbee Jeffrey Adam and Cress Ashley Riggsbee
Purchase Details
Closed on
Nov 7, 2019
Sold by
Roberson A Derek and Bobbie Poe Riggsbee Revocable
Bought by
Cress Ashley Riggsbee
Purchase Details
Closed on
Jul 12, 2012
Sold by
Riggsbee Ernest L and Riggsbee Mabel C
Bought by
Riggsbee Ernest L and Riggsbee Mabel C
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rubish Kathryn | $440,000 | None Listed On Document | |
| Poplar Assets Llc | $1,950,000 | None Listed On Document | |
| Riggsbee Jeffrey Adam | $130,000 | -- | |
| Cress Ashley Riggsbee | -- | None Available | |
| Riggsbee Ernest L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rubish Kathryn | $200,000 | |
| Previous Owner | Poplar Assets Llc | $1,620,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $440,000 | +17.3% | $486 / Sq Ft |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $375,000 | -- | $414 / 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 | $4,794 | $273,600 | $200,000 | $73,600 |
| 2023 | $4,713 | $273,600 | $200,000 | $73,600 |
| 2022 | $4,660 | $273,600 | $200,000 | $73,600 |
| 2021 | $4,626 | $273,600 | $200,000 | $73,600 |
| 2020 | $3,036 | $168,000 | $100,000 | $68,000 |
| 2018 | $2,973 | $168,000 | $100,000 | $68,000 |
| 2017 | $2,891 | $168,000 | $100,000 | $68,000 |
| 2016 | $2,891 | $166,115 | $91,838 | $74,277 |
| 2015 | $2,891 | $166,115 | $91,838 | $74,277 |
| 2014 | $2,851 | $166,115 | $91,838 | $74,277 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Giselle Feiger
Hodge&KittrellSothebysIntlRlty
(323) 635-4759
169 Total Sales
Map
Source: Doorify MLS
MLS Number: 10024552
APN: 9778671003
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