NOT LISTED FOR SALE

2139 E Old Oxford Rd Chapel Hill, NC 27514

Estimated Value: $574,000 - $721,000

-- Bed
4 Baths
2,900 Sq Ft
$222/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $599,900 $207 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,970/month

113 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Gas
  • Ephesus Elementary School Rated A

About This Home

As of October 2022

Great investment opportunity, price reflects repairs needed . This quadplex is on a beautiful lot featuring mature trees with each unit having its own backyard. Each unit has 2 bedroom, one bath, kitchen, and living room. Located near a bus line and close to UNC and I-40. Unit A is on a month-to- month lease rented at $825 monthly. Unit B is on a month-to-month lease rented at $850 monthly. Unit C is on annual lease and is rented for $1050 monthly. Unit D is on a month-to-month lease rented at $950 monthly. Inspection report available upon request.

Last Agent to Sell the Property

Pamela Zeman

Dunlap Lilley Properties License #203349 Listed on: 06/13/2022

Co-Listed By

Jim Lilley

Dunlap Lilley Properties License #110654

Last Buyer's Agent

Deborah England

Triangle Midtown Realty License #194393

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,655

Year Built

  • Built in 1974

Parking

  • Off-Street Parking

Flooring

  • Wood
  • Tile

Basement

  • Crawl Space

Schools

  • Ephesus Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Booker Creek Subdivision

Listing and Financial Details

  • 3 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,655

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 1694
  • Co List Office Phone: 919-967-9992
  • Subdivision Name: Booker Creek
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Heating Gas Pack2: Yes
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

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

Schools

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

Rental Info

  • Lease Term: 3 To 6 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 5655.0
  • Tax Year: 2021
  • Tax Map Number: Bk4124 Pg520

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: CH/Carrboro - Ephesus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Oct 18, 2022
Sold by
Steiginga Henry W
Bought by
Cruz Investments Llc
Seller's Agent
Pamela Zeman
Dunlap Lilley Properties
Buyer's Agent
Deborah England
Triangle Midtown Realty
List Price
$710,000
Sold Price
$599,900
Premium/Discount to List
-$110,100
-15.51%
Current Estimated Value
$644,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,303
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Gorfkle Ken
Bought by
Steiginga Henry W

Purchase Details

Closed on
Jun 1, 2005
Sold by
Jmh Properties Llc
Bought by
Gorfkle Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Cruz Investments Llc $600,000 --
Steiginga Henry W $395,000 None Available
Gorfkle Ken $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorfkle Ken $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Off Market $599,900 -- --
10/18/2022 10/18/22 Sold $599,900 0.0% $207 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/18/2022 09/18/22 Price Changed $599,900 -11.1% $207 / Sq Ft
08/30/2022 08/30/22 Price Changed $675,000 -4.9% $233 / Sq Ft
07/18/2022 07/18/22 For Sale $710,000 0.0% $245 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $710,000 -- $245 / 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 $6,508 $343,400 $140,000 $203,400
2023 $6,360 $343,400 $140,000 $203,400
2022 $5,721 $315,200 $140,000 $175,200
2021 $5,656 $315,200 $140,000 $175,200
2020 $5,765 $302,200 $138,000 $164,200
2018 $5,592 $302,200 $138,000 $164,200
2017 $6,777 $302,200 $138,000 $164,200
2016 $6,777 $378,751 $194,040 $184,711
2015 $6,769 $378,751 $194,040 $184,711
2014 $6,598 $378,751 $194,040 $184,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2455468

Doorify MLS

APN: 9799391388