NOT LISTED FOR SALE

114 Cobblestone Dr Carrboro, NC 27516

Estimated Value: $1,290,000

0.54 Acre
$2,388,889 Price per Acre
23,522 Sq Ft Lot

Last Sold September 14, 2023

Last sale price $310,000

Est. 316% increase in value since last sale

Current estimated payment $8,032/month

3 Days on Market

Highlights

  • 0.54 Acre Lot
  • Wooded Lot
  • Level Lot
  • C and L Mcdougle Elementary School Rated A
  • Brush Vegetation

About This Lot

As of September 2023

Coveted in Cobblestone! Unbelievable opportunity to build your dream home on the last lot in this popular established neighborhood. .54 acres with beautiful hardwood trees. Adjacent to Carolina North Forest- 750 acres for hiking, running, biking. Minutes to downtown Carrboro. Walk to McDougal Elementary and McDougal Middle School. Walking distance to MLK Jr. Park and the Carrboro Community Garden.

Last Agent to Sell the Property

Michele Burris

Local Market Realty, LLC License #212151 Listed on: 08/12/2023

Last Buyer's Agent

Jennifer Patterson

Keller Williams Elite Realty License #238227

Keller Williams Elite Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Brush Vegetation
  • Level Lot
  • Wooded Lot

Schools

  • Mcdougle Elementary And Middle School
  • Chapel Hill High School

Utilities

  • Cable TV Available

Community Details

  • Cobblestone Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Cobblestone
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Coveted in Cobblestone! Rare opportunity to build your dream home on the last lot in this popular established neighborhood. .54 acres with beautiful hardwood trees. Adjacent to Carolina North Forest- 750 acres for hiking, running, biking. Minutes to downtown Carrboro. Walk to McDougal Elementary and McDougal Middle School. Walking distance to MLK Jr. Park and the Carrboro Community Garden.
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Restrictions Architectural Review: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Acres: 0.54
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.54
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes
  • Lot Features:Curb Gutter: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Schools

  • Ninth Grade High School: CH/Carrboro - Chapel Hill
  • Middle Or Junior School: CH/Carrboro - McDougle

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: CH/Carrboro - McDougle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Drees Homes Company and Drees Company
Bought by
Aghajanian Amir and Aghajanian Brandy
Current Estimated Value
$1,290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Outstanding Balance
$757,966
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$465,034

Purchase Details

Closed on
Jan 24, 2024
Sold by
Aghajanian Amir and Aghajanian Brandy
Bought by
Drees Homes

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 13, 2023
Sold by
Frazier James R
Bought by
Aghajanian Brandy and Aghajanian Amir
Seller's Agent
Michele Burris
Local Market Realty, LLC
Buyer's Agent
Jennifer Patterson
Keller Williams Elite Realty
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.69%

Purchase Details

Closed on
Jul 18, 1989
Bought by
Frazier and Frazier
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aghajanian Amir $1,225,000 None Listed On Document
Drees Homes $310,000 None Listed On Document
Aghajanian Brandy $310,000 Heritage Title
Frazier $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aghajanian Amir $766,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $310,000 +5.1% --
08/15/2023 08/15/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $295,000 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $15,428 $1,123,900 $310,000 $813,900
2024 $1,665 $100,000 $100,000 $0
2023 $1,638 $100,000 $100,000 $0
2022 $1,619 $100,000 $100,000 $0
2021 $1,606 $100,000 $100,000 $0
2020 $1,669 $100,000 $100,000 $0
2018 $0 $100,000 $100,000 $0
2017 $1,599 $100,000 $100,000 $0
2016 $1,599 $95,431 $95,431 $0
2015 $1,599 $95,431 $95,431 $0
2014 -- $95,431 $95,431 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Burris

    Seller's Agent in 2023

    Michele Burris

    Local Market Realty, LLC

    (919) 619-1870

    18 in this area

    110 Total Sales

    Michele Burris
    Section Image
  • Jennifer Patterson

    Buyer's Agent in 2023

    Jennifer Patterson

    Keller Williams Elite Realty

    (919) 824-7981

    14 in this area

    121 Total Sales

    Jennifer Patterson
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2526708

Doorify MLS

APN: 9779330554

North Carolina Orange County Carrboro 27516

114 Cobblestone Dr, Carrboro, NC

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes