$932,000
SOLD AUG 8, 2024
2 Beds
2.5 Baths
1,324 Sq Ft
$594/mo HOA Fee

Recently Sold

$704 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Concierge
  • Fitness Center
  • Downtown View
  • Smith Middle School Rated A
  • Rooftop Deck
  • Clubhouse

About This Home

As of August 2024

Let's set the scene: a 7th floor condo smack dab in the middle of downtown Chapel Hill. Floor to ceiling windows combined with tall ceilings provide ample sunlight and will let you maximize your vitamin D intake. A cozy terrace is perfectly situated for taking in the panoramic view and stands ready to host intimate chats with friends and your herb garden. On temperate days, leave the doors wide open to take in the breeze. To offer additional perspective, the unit features a highly functional floor plan complete with two nicely-sized bedrooms, each with its own bath, along with a convenient half bath for guests. The kitchen is tucked to the side and allows the host to easily survey their guests as they congregate in the living room or sidle up to the countertop bar. You can skip the eye mask, as blackout shades have been installed in both bedrooms for those days where you really just need to sleep in a bit, or just to ensure the ambient lighting doesn't interfere with your REM cycle. Your household is sure to become the epicenter of pre-gaming for any and all UNC events, after which you can take a casual stroll or Uber to your venue of choice. When the basketball team is back in the Final Four (or takes down a hated rival) you can take in the sight of celebrating fans without having to fight the traffic or worry about bonfire scorch. Don't fret about the prospect of diminished storage either, as this unit comes complete with an ample, locked storage area and a separate bike locker. Oh and you'll never go on the hunt for parking again, as this unit comes with the rare and elusive TWO secured parking spaces. You won't need to move the car much though, since you can pop down to the first floor gym for your workouts, or host larger events in the eighth floor clubhouse. This condo will be a sight for sore eyes for those seeking the perfect combination of location, amenities, and function.

Last Agent to Sell the Property

Nata Bozymski

Inhabit Real Estate License #227848 Listed on: 06/06/2024

Co-Listed By

Alison Domnas

Inhabit Real Estate License #274189

Last Buyer's Agent

Phil Patterson

Hodge & Kittrell Sotheby's International Realty License #174625

Hodge & Kittrell Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,054

Year Built

  • Built in 2013

HOA Fees

  • $594 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Gate
  • Secured Garage or Parking
  • Deeded Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Mixed Use
  • Flat Roof Shape

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Smart Thermostat

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 9788278230.143L714

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control, security, trash
  • 140 West Franklin Homeowners Association, Phone Number (919) 537-8109
  • 140 West Franklin Condominium Subdivision
  • Maintained Community
  • Community Parking

Amenities

  • Concierge
  • Trash Chute
  • Service Elevator

Recreation

Security

  • Security Service
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,054

Year Built

Built in 2013

Lot Details

0

HOA Fees

$594 per month

Parking

2

Listing Details

  • Year Built: 2013
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Trash
  • Co List Office Mls Id: 74510
  • Co List Office Phone: 919-808-4549
  • Subdivision Name: 140 West Franklin Condominium
  • Above Grade Finished Sq Ft: 1324.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 120.0
  • General Property Information Total Unfinished Area2: 120.0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Association Phone: 919.537.8109
  • Laundry Features Laundry Closet: Yes
  • Laundry Features In Hall: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 1324.0
  • Interior Features Dual Closets: Yes
  • Security Features Fire Sprinkler System: Yes
  • Structure Type Mixed Use: Yes
  • Association Amenities Concierge: Yes
  • View Downtown: Yes
  • View Skyline: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Dual Closets, Granite Counters, High Ceilings, Living/Dining Room Combination, Smart Thermostat, Smooth Ceilings
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Roof: Flat
  • Construction Type: Concrete
  • Foundation Details: Concrete, Other
  • Window Features:Blinds: Yes
  • Window Features:Drapes: Yes
  • Construction Materials:Concrete2: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Assigned, Covered, Deeded, Electric Gate, Garage, Secured
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Covered: Yes
  • Association Amenities:Parking: Yes
  • General Property Information:Garage Spaces: 2.0
  • Security Features:Secured GarageParking: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Deeded: Yes
  • General Property Information:Parking Total: 2.0
  • Parking Features:Secured: Yes
  • Parking Features:Electric Gate: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 593.6
  • Association Fee Frequency: Monthly
  • Association Name: 140 West Franklin Homeowners Association
  • Phone: 919-537-8109
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: 140 West Franklin Homeowners Association
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Insurance: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Management: Yes
  • Association Amenities:Security: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 593.6
  • Association Amenities:Roof Deck: Yes
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Service Elevator(s): Yes

Schools

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

Lot Info

  • Parcel #: 9788278230.143L714

Tax Info

  • Tax Annual Amount: 11054.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Carrboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 30, 2024
Sold by
Olson Bettie Wiley and Olson Steven Robert
Bought by
Briggs Beverly F
Seller's Agent
Nata Bozymski
Inhabit Real Estate
Buyer's Agent
Phil Patterson
Hodge & Kittrell Sotheby's International Realty
List Price
$915,000
Sold Price
$932,000
Premium/Discount to List
$17,000
1.86%
Views
3
Current Estimated Value
$938,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,500
Avg. Annual Appreciation
0.70%
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
Assignment Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $932,000 +1.9% $704 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $915,000 -- $691 / 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 -- $96,100 $96,100 $0
2015 $107 $96,100 $96,100 $0
2014 $51 $96,100 $96,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10033738

Doorify MLS

APN: 9788278230.143