$895,000
SOLD JUN 20, 2024
3 Beds
2 Baths
1,286 Sq Ft
$562/mo HOA Fee

Recently Sold

$696 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Smith Middle School Rated A
  • Downtown View
  • Traditional Architecture

About This Home

As of June 2024

A stunning condo located at 140 W. Franklin Street, Unit 300 boasts three bedrooms and two bathrooms and is nestled right in the heart of Franklin Street, offering the perfect blend of convenience and luxury.
The condo conveniently comes with one parking spot. Whilst two of the rooms do not have windows they both have closets and are currently being used as bedrooms.
This arrangement provides excellent flexibility, perfect as an office space and for the working from home lifestyle.
The location of this condo is truly unbeatable, as it provides easy access to everything downtown Chapel Hill has to offer. From fabulous downtown boutiques to renowned restaurants, bars and cafes, you'll have a world of amenities right at your doorstep. Whether you're a student, professional, or someone looking for a vibrant urban lifestyle, this condo is the perfect place to call home. Don't miss out on this fantastic opportunity to live in one of Chapel Hill's most sought-after locations. Schedule a viewing today and experience the best of downtown living!

Last Agent to Sell the Property

Claire Pope

Hodge&KittrellSothebysIntlRlty License #324981 Listed on: 05/14/2024

Hodge&KittrellSothebysIntlRlty

Last Buyer's Agent

Doug Yopp

The Oceanaire Realty License #282348

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,752

Year Built

  • Built in 2012

HOA Fees

  • $562 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Block Foundation
  • Tile Roof

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Courtyard

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9788278230.038L300

Community Details

Overview

  • Association fees include ground maintenance, trash
  • Cas Association, Phone Number (919) 367-7711
  • 140 West Franklin Street Condos
  • 140 West Franklin Condominium Subdivision
  • Maintained Community
  • Community Parking

Amenities

  • Concierge
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,752

Year Built

Built in 2012

Lot Details

0

HOA Fees

$562 per month

Listing Details

  • Building Name: 140 West Franklin Street Condos
  • Year Built: 2012
  • Prop. Type: Residential
  • Road Frontage Type: See Remarks
  • Horses: No
  • Road Frontage Type: Other
  • Reso Association Fee Includes: Maintenance Grounds, Trash
  • Subdivision Name: 140 West Franklin Condominium
  • Above Grade Finished Sq Ft: 1286.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 9193677711
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Monthly Association Fees2: 561.79
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1286.0
  • General Property Information Carport YN: No
  • General Property Information Building Name: 140 West Franklin Street Condos
  • Roof Tile3: Yes
  • Association Amenities Concierge: Yes
  • View Downtown: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Interior Amenities: Bathtub/Shower Combination, Breakfast Bar, Eat-in Kitchen, Elevator, Entrance Foyer, Granite Counters, Living/Dining Room Combination, Open Floorplan, Separate Shower, Smooth Ceilings
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Open Floorplan: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Roof: Tile
  • Exterior Features: Balcony, Uncovered Courtyard
  • Home Warranty: No
  • Construction Type: Unknown
  • Foundation Details: Block, Brick/Mortar
  • Exterior Features:Balcony: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Uncovered Courtyard: Yes
  • Construction Materials:Unknown: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Assigned, Off Street, Parking Lot, Underground
  • Total Parking Spaces: 1.0
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • Association Amenities:Parking: Yes
  • Parking Features:Off Street: Yes
  • General Property Information:Parking Total: 1.0
  • Parking Features:Underground: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available
  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 561.79
  • Association Fee Frequency: Monthly
  • Association Name: CAS
  • Phone: 919-367-7711
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Management: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 561.79
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel #: 9788278230.038L300

Tax Info

  • Tax Annual Amount: 8752.1
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Carrboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 17, 2024
Sold by
Schomburger Jeff and Schomburger Eileen
Bought by
Abeyounis Tony and Abeyounis Joyce
Seller's Agent
Claire Pope
Hodge&KittrellSothebysIntlRlty
Buyer's Agent
Doug Yopp
The Oceanaire Realty
List Price
$899,950
Sold Price
$895,000
Premium/Discount to List
-$4,950
-0.55%
Views
12
Current Estimated Value
$849,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,500
Avg. Annual Appreciation
-3.60%
Original Mortgage
$716,000
Outstanding Balance
$710,079
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$148,921

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 14, 2021
Sold by
Jennings Christopher C and Montgomery Jan B
Bought by
Schomburger Jeff
Seller's Agent
Phil Patterson
Hodge&KittrellSothebysIntlRlty
Buyer's Agent
Dana Cantrell
Coldwell Banker - HPW
List Price
$590,000
Sold Price
$570,000
Premium/Discount to List
-$20,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $895,000 None Listed On Document
Deed $570,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $716,000 Credit Line Revolving
Previous Owner $467,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $895,000 -0.6% $696 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $899,950 0.0% $700 / Sq Ft
05/13/2024 05/13/24 Price Changed $899,950 +0.4% $700 / Sq Ft
05/13/2024 05/13/24 Price Changed $895,950 +57.2% $697 / Sq Ft
12/14/2023 12/14/23 Off Market $570,000 -- --
10/29/2021 10/29/21 Sold $570,000 -3.4% $438 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $590,000 -- $454 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $4,943 $93,000 $93,000 $0
2015 $107 $93,000 $93,000 $0
2014 $51 $93,000 $93,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10028696

Doorify MLS

APN: 9788278230.038