NOT LISTED FOR SALE

Estimated Value: $286,000 - $321,000

4 Beds
4 Baths
1,208 Sq Ft
$200/mo HOA Fee

Last Sold August 03, 2022

Last sale price $278,500 $231 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,106/month

10 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • High Ceiling
  • Culbreth Middle School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of August 2022

Amazing investment opportunity!! FULLY RENTED UNTIL JULY 2023 for $2000/MO!! First floor - 4 bedroom, 4 bathroom condo minutes from UNC campus and on 2 bus lines. Each bedroom has its own attached private bathroom and closet. Easy to maintain hardwood flooring in the common area and carpets (2020) in all the bedrooms. All tenants are female UNC grad students or recent grads. Owner pays utilities (average $275-$300/mo). Appliances to convey. Very strong rental history!

Last Agent to Sell the Property

Minnie Kang

ProTrust Realty, LLC License #281377 Listed on: 06/15/2022

Last Buyer's Agent

Mike Chiarelli

CANA REALTY ADVISORS License #308559

CANA REALTY ADVISORS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • 1

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • High Ceiling

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Northside Elementary School
  • Grey Culbreth Middle School
  • Carrboro High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, road maintenance, trash
  • Community Focus Association
  • University Commons Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Trash
  • Subdivision Name: University Commons Condos
  • Above Grade Finished Sq Ft: 1208.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Above Grade Unfinished Area: 72.0
  • General Property Information Total Unfinished Area2: 72.0
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Above Grade Finished Area: 1208.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: High Ceilings, Shower Only
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Location: 1st Floor
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:High Ceilings: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Community Focus
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Community Focus
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: CH/Carrboro - Carrboro
  • Middle Or Junior School: CH/Carrboro - Grey Culbreth

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 274875.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 3, 2022
Sold by
Sun Kang and Sun Mengyuan
Bought by
Gregorio Joseph C and Gregorio Lynne M
Seller's Agent
Minnie Kang
ProTrust Realty, LLC
Buyer's Agent
Mike Chiarelli
CANA REALTY ADVISORS
List Price
$275,000
Sold Price
$278,500
Premium/Discount to List
$3,500
1.27%
Current Estimated Value
$299,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,711
Avg. Annual Appreciation
2.52%
Original Mortgage
$216,000
Outstanding Balance
$205,069
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$94,142

Purchase Details

Closed on
Jun 23, 2009
Sold by
Tang Chi
Bought by
Kang Ki Ho and Kang Mengyuan Sun

Purchase Details

Closed on
Sep 13, 2005
Sold by
Schoeneck Lynn Porter and Schoeneck David
Bought by
Tang Chi

Purchase Details

Closed on
Jul 12, 2002
Sold by
Stafford Howard Caldwell and Stafford Susan Howie
Bought by
Porter Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Gregorio Joseph C $278,500 None Listed On Document
Kang Ki Ho $140,000 None Available
Tang Chi $136,000 --
Porter Lynn $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregorio Joseph C $216,000
Previous Owner Kang $70,000
Previous Owner Porter Lynn $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $278,500 -- --
08/03/2022 08/03/22 Sold $278,500 +1.3% $231 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $275,000 -- $228 / 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 $2,939 $156,700 $0 $156,700
2023 $2,798 $156,700 $0 $156,700
2022 $2,768 $156,700 $0 $156,700
2021 $2,749 $156,700 $0 $156,700
2020 $2,529 $137,600 $0 $137,600
2018 $2,473 $137,600 $0 $137,600
2017 $2,466 $137,600 $0 $137,600
2016 $2,466 $140,666 $43,177 $97,489
2015 $2,473 $140,666 $43,177 $97,489
2014 $2,414 $140,666 $43,177 $97,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2455958

Doorify MLS

APN: 9778719635.004