$555,000
SOLD APR 29, 2022

216 Columbia Place W Chapel Hill, NC 27516

3 Beds
4 Baths
2,208 Sq Ft
$315/mo HOA Fee

Recently Sold

$251 Per Sq Ft

19% Above List Price

0 Day on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • End Unit
  • Phillips Middle School Rated A
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

Here's a great opportunity, investors -- a perfectly located Chapel Hill rental property. Less than 5 minutes to downtown and UNC's campus, located very near a city bus stop headed straight to campus. Three bedrooms above ground and a basement suite for a fourth, plus four bathrooms spread across three levels. Downstairs has separate entrance and lots of light. Deck off main level. Lease renewed to four tenants at $3,214 through May 2023.

Last Agent to Sell the Property

Gary Miller

Flex Realty License #319109 Listed on: 04/01/2022

Last Buyer's Agent

Yoko Moye

Realty Triangle License #244316

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1996

Lot Details

  • 2,614 Sq Ft Lot
  • End Unit

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Private Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include ground maintenance, maintenance structure
  • Community Association Man Association
  • Columbia Place Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,775

Year Built

Built in 1996

Lot Details

0

HOA Fees

$315 per month

Parking

1

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Columbia Place
  • Above Grade Finished Sq Ft: 1747.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 376.0
  • General Property Information Below Grade Unfinished Area: 359.0
  • General Property Information Total Unfinished Area2: 735.0
  • General Property Information Lot Size Dimensions: See plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • Common Walls End Unit: Yes
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 1747.0
  • General Property Information Below Grade Finished Area: 461.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2613.6
  • General Property Information Lot Size Acres: 0.06
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Combination, Laminate, Wood
  • Basement: Daylight, Finished
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 461.0
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.06
  • Common Walls: End Unit
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway, Garage, On Street
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Asphalt2: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 315.0
  • Association Fee Frequency: Monthly
  • Association Name: Community Association Man
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Community Association Man
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 315.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See plat
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5775.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Apr 27, 2022
Sold by
New Direction Ira Inc
Bought by
Ko Enterprise Inc
Seller's Agent
Gary Miller
Flex Realty
Buyer's Agent
Yoko Moye
Realty Triangle
List Price
$465,000
Sold Price
$555,000
Premium/Discount to List
$90,000
19.35%
Current Estimated Value
$626,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,343
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Dec 1, 2015
Sold by
Dts Sales & Marketing 401 K Plan
Bought by
New Direction Ira Inc and Smith Debra T

Purchase Details

Closed on
Aug 15, 2014
Sold by
Karnofsky Brian L and Karnofsky Jeannette E
Bought by
New Direction Ira Inc and Smith Stephen L

Purchase Details

Closed on
May 18, 2009
Sold by
Ferguson James Edward and Ferguson James Edward
Bought by
Karnofsky Brian L and Karnofsky Jeannette E

Purchase Details

Closed on
Jun 21, 2002
Sold by
Hastings Dwight L and Hastings Ruth S
Bought by
Ferguson James Edward and Ferguson Ii James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
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 Type Sale Price Title Company
Warranty Deed $555,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $310,000 None Available
Warranty Deed $321,000 None Available
Warranty Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $555,000 -- --
04/29/2022 04/29/22 Sold $555,000 +19.4% $251 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $465,000 -- $211 / 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 $6,687 $391,100 $75,000 $316,100
2023 $6,504 $391,100 $75,000 $316,100
2022 $5,902 $367,300 $75,000 $292,300
2021 $5,775 $367,300 $75,000 $292,300
2020 $5,869 $350,700 $75,000 $275,700
2018 $5,736 $350,700 $75,000 $275,700
2017 $5,764 $350,700 $75,000 $275,700
2016 $5,764 $347,804 $77,998 $269,806
2015 $5,752 $347,804 $77,998 $269,806
2014 $5,718 $347,804 $77,998 $269,806
Source: Public Records

Agents Affiliated with this Home

  • Gary Miller

    Seller's Agent in 2022

    Gary Miller

    Flex Realty

    (919) 428-7469

    65 Total Sales

    Gary Miller
    Section Image

  • Y

    Buyer's Agent in 2022

    Yoko Moye

    Realty Triangle

    (919) 215-4665

    39 Total Sales

    Yoko Moye
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2440084

Doorify MLS

APN: 9789205648

North Carolina Orange County Chapel Hill 27516

216 Columbia Place W, Chapel Hill, NC

This home is located at 216 Columbia Place W, Chapel Hill, NC 27516 and is currently priced at $555,000, approximately $251 per square foot. This property was built in 1996. 216 Columbia Place W is a home located in Orange County with nearby schools including Northside Elementary School, Phillips Middle School, and East Chapel Hill High School.

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