NOT LISTED FOR SALE

116 Elm St Carrboro, NC 27510

Estimated Value: $530,352 - $555,000

4 Beds
2 Baths
1,360 Sq Ft
$395/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $520,000 $382 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,301/month

96 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Front Porch
  • Smith Middle School Rated A
  • Cottage
  • 4-minute walk to Carrboro Farmers Market and Playground

About This Home

As of September 2024

Cute cottage on corner lot within walking distance to everything downtown Carrboro. Walk to Weaver Street Market, the Farmer's Market, Southern States and all the lovely restaurants, coffee shops and venues that Carrboro has to offer. A short bike ride to campus and near bus line. This home has been a rental for many years, but it has the potential to be someone's forever home. If you love to walk and bike around Carrboro and Chapel Hill this can be your new nest.

Last Agent to Sell the Property

Adam Jones

Mill House Properties License #199827 Listed on: 05/22/2024

Mill House Properties

Last Buyer's Agent

Jay Jackson

Coldwell Banker HPW License #321279

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence
  • Level Lot
  • Grass Covered Lot
  • Back and Front Yard

Home Design

  • Cottage
  • Brick Foundation
  • Metal Roof
  • Asbestos
  • Lead Paint Disclosure

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Private Driveway
  • 2 Open Parking Spaces

Schools

  • Carrboro Elementary School
  • Smith Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Front Porch
  • Grass Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9778773132

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,063

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1360.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One and One Half: Yes
  • Fencing Privacy: Yes
  • Foundation Details BrickMortar: Yes
  • Architectural Style Cottage: Yes
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1360.0
  • Cooling Ceiling Fan(s): Yes
  • Vegetation Grassed: Yes
  • Fencing Partial2: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 6534.0
  • Roof:Metal2: Yes
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 1360.0
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Refrigerator, Washer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Front door
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Kitchen: Yes
  • Appliances:Exhaust Fan: Yes

Exterior Features

  • Roof: Metal
  • Fencing: Partial, Privacy
  • Acres: 0.15
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Asbestos, Other
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Front Porch
  • Construction Materials:Asbestos: Yes
  • Lot Features:Level: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Front Yard2: Yes
  • Construction Materials:Other8: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.0
  • Parking Features:Driveway: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Central, Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes
  • Water Heater: 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 - Smith

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9778773132

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 5063.22
  • Tax Year: 2024

MLS Schools

  • Elementary School: CH/Carrboro - Carrboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Williams Anna and Williams Jonathan
Bought by
Williams Living Trust and Williams
Current Estimated Value
$537,838

Purchase Details

Listed on
May 22, 2024
Closed on
Sep 16, 2024
Sold by
Mansfield Elizabeth and Mansfield Larry
Bought by
Williams Anna and Williams Jonathan
Seller's Agent
Adam Jones
Mill House Properties
Buyer's Agent
Jay Jackson
Coldwell Banker HPW
List Price
$625,000
Sold Price
$520,000
Premium/Discount to List
-$105,000
-16.8%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$500,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2004
Sold by
Wend Christine C
Bought by
Mansfield Larry and Mansfield Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Living Trust -- None Listed On Document
Williams Living Trust -- None Listed On Document
Williams Anna $520,000 None Listed On Document
Mansfield Larry $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Anna $500,000
Previous Owner Mansfield Larry $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $520,000 -9.5% $382 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $574,900 -4.2% $423 / Sq Ft
06/28/2024 06/28/24 Price Changed $599,900 -1.6% $441 / Sq Ft
06/06/2024 06/06/24 Price Changed $609,900 -2.4% $448 / Sq Ft
05/22/2024 05/22/24 For Sale $625,000 -- $460 / 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
2025 $5,909 $528,900 $400,000 $128,900
2024 $5,151 $295,000 $220,000 $75,000
2023 $5,063 $295,000 $220,000 $75,000
2022 $5,007 $295,000 $220,000 $75,000
2021 $4,970 $295,000 $220,000 $75,000
2020 $4,482 $254,600 $185,300 $69,300
2018 $4,399 $254,600 $185,300 $69,300
2017 $3,932 $254,600 $185,300 $69,300
2016 $3,932 $228,227 $101,193 $127,034
2015 $3,932 $228,227 $101,193 $127,034
2014 -- $228,227 $101,193 $127,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10030987

Doorify MLS

APN: 9778773132