NOT LISTED FOR SALE

116 Carol St Carrboro, NC 27510

Estimated Value: $458,000 - $527,971

4 Beds
2 Baths
1,628 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $440,000 $270 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,031/month

98 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Granite Countertops
  • C and L Mcdougle Elementary School Rated A
  • Transitional Architecture
  • No HOA

About This Home

As of May 2023

Investment opportunity in a quintessential, walkable Carrboro neighborhood! Fewer than 10 minutes to UNC, with lots of room to spread out, both inside and out. Estate property needing renovation, being SOLD AS-IS. Chapel Hill Carrboro City Schools. Property is in a Flood Zone, and lowest level has had instances of water retention during local flooding events (recurrent; last known: 2019). Flood insurance is current, and will be required.

Last Agent to Sell the Property

Angie Cole

A Cole Realty LLC License #254201 Listed on: 12/21/2022

Last Buyer's Agent

Cynthia Quarantello

Real Broker LLC License #267569

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1972

Lot Details

  • 0.79 Acre Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,628 Sq Ft Home
  • Multi-Level Property
  • Smooth Ceilings
  • Skylights
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room
  • Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Attic

  • Attic Fan
  • Pull Down Stairs to Attic
  • Unfinished Attic

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Mcdougle Elementary And Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Barred Owl Creek Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,383

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Subdivision Name: Barred Owl Creek
  • Above Grade Finished Sq Ft: 1628.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Efficiency: Lighting
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Recorded Plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Attic Fan: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: L
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • Flooring Laminate: Yes
  • Levels MultiSplit: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1628.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 34412.4
  • General Property Information Lot Size Acres: 0.79
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Granite Counters, Shower Only, Smooth Ceilings
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.79
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: See Recorded Plat
  • Lot Size Sq Ft: 34412.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes

Tax Info

  • Tax Annual Amount: 4383.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - McDougle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Apr 25, 2023
Sold by
Muresen Nicolae Marius and Muresen Corina Laura
Bought by
Hoffman Solomon Jacob and Wingenroth Lauren Elizabeth
Seller's Agent
Angie Cole
A Cole Realty LLC
Buyer's Agent
Cynthia Quarantello
Real Broker LLC
List Price
$434,000
Sold Price
$440,000
Premium/Discount to List
$6,000
1.38%
Views
337
Current Estimated Value
$483,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,743
Avg. Annual Appreciation
4.15%
Original Mortgage
$352,000
Outstanding Balance
$342,639
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$141,104

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 13, 2022
Sold by
Timothy Carless
Bought by
Muresan Corina and Muresan Marius
Seller's Agent
Kathleen Jasinskas
Flex Realty
Buyer's Agent
Angie Cole
A Cole Realty LLC
List Price
$260,000
Sold Price
$305,000
Premium/Discount to List
$45,000
17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.29%
Original Mortgage
$228,750
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2012
Sold by
Ann Maggi
Bought by
Carless Timothy and Davis Carless Olivia Florence

Purchase Details

Closed on
Sep 24, 2003
Sold by
Daniel Sallie C
Bought by
Grace Maggi Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Hoffman Solomon Jacob $440,000 None Listed On Document
Muresan Corina $305,000 --
Carless Timothy $232,500 None Available
Grace Maggi Ann $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Solomon Jacob $352,000
Previous Owner Muresan Corina $228,750
Previous Owner Ann Maggi $50,000
Previous Owner Grace Maggi Ann $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $305,000 -- --
12/14/2023 12/14/23 Off Market $440,000 -- --
05/04/2023 05/04/23 Sold $440,000 +3.5% $270 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $425,000 -2.1% $261 / Sq Ft
02/07/2023 02/07/23 For Sale $434,000 0.0% $267 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $434,000 -1.4% $267 / Sq Ft
01/05/2023 01/05/23 Off Market $440,000 -- --
12/21/2022 12/21/22 For Sale $434,000 +42.3% $267 / Sq Ft
09/14/2022 09/14/22 Sold $305,000 +17.3% $180 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $260,000 -- $154 / Sq Ft
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
2024 $4,816 $274,900 $102,000 $172,900
2023 $4,734 $274,900 $102,000 $172,900
2022 $4,384 $256,500 $102,000 $154,500
2021 $4,352 $256,500 $102,000 $154,500
2020 $3,951 $222,800 $78,000 $144,800
2018 $4,873 $283,400 $130,000 $153,400
2017 $3,842 $283,400 $130,000 $153,400
2016 $3,842 $222,900 $87,500 $135,400
2015 $4,179 $243,000 $94,700 $148,300
2014 $4,139 $243,000 $94,700 $148,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2487868

Doorify MLS

APN: 9779205830