NOT LISTED FOR SALE

Estimated Value: $1,137,000 - $1,344,834

10 Beds
5 Baths
3,634 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $1,200,000 $330 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,479/month

4 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Front Porch
  • Smith Middle School Rated A
  • Cottage
  • Eat-In Kitchen

About This Home

As of December 2024

Rare three unit complex in a very desirable location near campus, restaurants, parks and stores. Great rental history and occupancy rates. New Windows and roof. See Owners letter in attachments for financial history. Robust security deposits and lease parental guarantees.

Last Agent to Sell the Property

Russ Cole

Long & Foster Real Estate INC License #121255 Listed on: 10/31/2024

Long & Foster Real Estate INC

Last Buyer's Agent

Patrick Shin

Long & Foster Real Estate INC License #252812

Long & Foster Real Estate INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,523

Year Built

  • Built in 1945

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Triplex
  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,634 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Basement
  • Crawl Space
  • Eat-In Kitchen
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Parking

  • On-Street Parking
  • On-Site Parking
  • 6 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for management, taxes
  • Assessor Parcel Number 9788184159

Community Details

Overview

  • Northside Subdivision

Building Details

  • 3 Leased Units
  • Gross Income $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,523

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Year Built: 1945
  • Prop. Type: Residential Income
  • Subdivision Name: Northside
  • Above Grade Finished Sq Ft: 3634.0
  • Architectural Style: Cottage
  • Unit Levels: Bi-Level
  • New Construction: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Flooring Vinyl: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Rare three unit complex in a very desirable location near campus, restaurants, parks and stores. Great rental history and occupancy rates. New Windows and roof. See Owners letter in attachments for financial history. Robust security deposits and lease parental guarantees.
  • Flooring Laminate: Yes
  • Foundation Details Block3: Yes
  • Architectural Style Cottage: Yes
  • Heating Gas Pack2: Yes
  • Utilities Natural Gas Available: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 3634.0
  • Cooling Ceiling Fan(s): Yes
  • Utilities Sewer Connected: Yes
  • Roof Asphalt3: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 8276.0
  • Structure Type Triplex: Yes
  • Levels Bi-Level: Yes
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 3634.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl, Wood
  • Interior Amenities: Eat-in Kitchen
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • Fireplaces: 1
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 0.19
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: On Site, On Street, Parking Lot
  • Parking Features:On Street: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:On Site: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Central, Fireplace(s), Forced Air, Gas Pack, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Gas Pack, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9788184159
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Owner Pays: Management, Taxes

Tax Info

  • Tax Annual Amount: 11522.84
  • Tax Year: 2023

Multi Family

  • Number Of Units Furnished: None
  • Annual Gross Income: 8000.0
  • Number Of Units Leased: 3

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Nov 27, 2024
Sold by
Perkins & Sons Llc
Bought by
Shin Eun Kyung
Seller's Agent
Russ Cole
Long & Foster Real Estate INC
Buyer's Agent
Patrick Shin
Long & Foster Real Estate INC
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
33
Current Estimated Value
$1,221,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,209
Avg. Annual Appreciation
1.59%
Original Mortgage
$720,000
Outstanding Balance
$711,616
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$509,593

Purchase Details

Closed on
Aug 1, 2014
Sold by
Gorfkle Kenneth M
Bought by
Perkins & Sons Llc

Purchase Details

Closed on
Oct 24, 2008
Sold by
Tucker Bruce D and Lambert Tucker Rhonda C
Bought by
Gorfkle Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2005
Sold by
Tucker Thomas C
Bought by
Tucker Bruce D and Lambert Tucker Rhonda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 31, 2002
Sold by
Little Melody and Booth Thomas
Bought by
Tucker Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shin Eun Kyung $1,200,000 None Listed On Document
Shin Eun Kyung $1,200,000 None Listed On Document
Perkins & Sons Llc $679,500 None Available
Gorfkle Kenneth M $400,000 None Available
Tucker Bruce D $325,000 --
Tucker Thomas C $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Eun Kyung $720,000
Closed Shin Eun Kyung $720,000
Previous Owner Gorfkle Kenneth M $295,000
Previous Owner Tucker Bruce D $227,500
Previous Owner Tucker Thomas C $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Sold $1,200,000 -7.7% $330 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $1,300,000 -- $358 / Sq Ft
Source: Doorify MLS

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
2025 $11,978 $1,012,500 $425,000 $587,500
2024 $12,177 $717,800 $272,000 $445,800
2023 $11,840 $717,800 $272,000 $445,800
2022 $11,344 $717,800 $272,000 $445,800
2021 $8,612 $717,800 $272,000 $445,800
2020 $11,269 $678,700 $175,000 $503,700
2018 $11,018 $678,700 $175,000 $503,700
2017 $5,100 $678,700 $175,000 $503,700
2016 $5,100 $301,900 $60,500 $241,400
2015 $5,100 $301,900 $60,500 $241,400
2014 $5,095 $301,900 $60,500 $241,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10060974

Doorify MLS

APN: 9788184159