NOT LISTED FOR SALE

140 W Franklin St, Unit 331 Chapel Hill, NC 27516

Downtown Chapel Hill Neighborhood

Estimated Value: $881,016 - $1,033,000

2 Beds
2.5 Baths
1,336 Sq Ft
$534/mo HOA Fee

Last Sold November 13, 2023

Last sale price $830,000 $621 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,505/month

2 Days on Market

Highlights

  • Wood Flooring
  • Modernist Architecture
  • Forced Air Heating and Cooling System
  • Smith Middle School Rated A
  • Main Floor Primary Bedroom

About This Home

As of November 2023

Whether in search of your next home or your own Chapel Hill-style urban retreat, 140 West offers the perfect blend of comfort, style, and convenience. Step in and your gaze is drawn to the natural light streaming through the windows and doors framing a fabulous view of the western skyline with a balcony overlooking Church Street all designed to enjoy amazing sunsets and a cocktail. The spacious family room and dining area, complimented by a partially open, galley kitchen create an inviting place for entertaining or snuggling up on the couch for family movie night. Both bedrooms are accompanied by generously sized bathrooms and an unexpected surplus of closet space. Notably and a rare find in 140, this condo has a powder room for the comfort of your guests. The ease of downtown living extends beyond your doorstep. 140 West provides an 8th-floor sky lounge, rooftop terraces, and a fully loaded fitness center, as well as 24/7 concierge service. Situated in the heart of downtown, you’ll enjoy easy access and walkability to local restaurants, coffee shops, boutiques, and of course, Kenan Stadium & The Dean Dome!

Last Agent to Sell the Property

Erin Daniel

Compass -- Chapel Hill - Durham License #221294 Listed on: 11/02/2023

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Katherine Kopp

Compass -- Chapel Hill - Durham License #53508

Compass -- Chapel Hill - Durham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,753

Year Built

  • Built in 2012

HOA Fees

  • $534 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Modernist Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,336 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

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

Community Details

  • Association fees include maintenance structure, trash
  • Association Phone (919) 537-8247
  • 140 West Franklin Condominium Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,753

Year Built

Built in 2012

Lot Details

0

HOA Fees

$534 per month

Listing Details

  • Year Built: 2012
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure, Trash
  • Subdivision Name: 140 West Franklin Condominium
  • Above Grade Finished Sq Ft: 1336.0
  • Architectural Style: Modern
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • General Property Information Association Phone: 919-537-8247
  • Levels MultiSplit: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Above Grade Finished Area: 1336.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 8
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 533.63
  • Association Fee Frequency: Monthly
  • Phone: 919-537-8247
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 533.63
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Tax Info

  • Tax Annual Amount: 8753.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Carrboro

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $830,000 -- --
12/15/2023 12/15/23 Off Market $795,000 -- --
11/13/2023 11/13/23 Sold $830,000 +3.1% $621 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $805,000 +1.3% $603 / Sq Ft
05/02/2023 05/02/23 Sold $795,000 0.0% $592 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $795,000 -- $592 / 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 $9,160 $524,400 $0 $524,400
2023 $8,772 $524,400 $0 $524,400
2022 $8,552 $524,400 $0 $524,400
2021 $8,444 $524,400 $0 $524,400
2020 $7,926 $462,300 $0 $462,300
2018 $7,778 $462,300 $0 $462,300
Source: Public Records

Agents Affiliated with this Home

  • Erin Daniel

    Seller's Agent in 2023

    Erin Daniel

    Compass -- Chapel Hill - Durham

    (919) 260-0700

    6 in this area

    79 Total Sales

    Erin Daniel
    Section Image

  • P

    Seller's Agent in 2023

    Phil Patterson

    Hodge&KittrellSothebysIntlRlty

  • K

    Buyer's Agent in 2023

    Katherine Kopp

    Compass -- Chapel Hill - Durham

    (919) 741-9444

    2 in this area

    30 Total Sales

    Katherine Kopp
    Section Image
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About This Building

Map

Source: Doorify MLS

MLS Number: 2540334

Doorify MLS

APN: 9788278230069L.331

North Carolina Orange County Chapel Hill 27516 Downtown Chapel Hill

140 W Franklin St Unit 331, Chapel Hill, NC

This home is located at 140 W Franklin St Unit 331, Chapel Hill, NC 27516 since 02 November 2023 and is currently estimated at $955,754, approximately $715 per square foot. This property was built in 2012. 140 W Franklin St Unit 331 is a home located in Orange County with nearby schools including Smith Middle School, East Chapel Hill High School, and St. Thomas More Catholic School.

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.

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