NOT LISTED FOR SALE

Estimated Value: $710,000 - $896,000

6 Beds
3 Baths
1,936 Sq Ft
$433/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $740,000 $382 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,325/month

26 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating Available
  • Smith Middle School Rated A

About This Home

As of December 2021

Grab your Checkbook!! Excellent Student Rental just two blocks N. of Franklin St! High demand rental, in Highly sought after neighborhood. This 6 Bedroom 3 Bath brick ranch is pre-leased for the 2021 - 2022 school year. For the 2022-23 year the lease will be $5,200. These types of properties very rarely hit the open market. Don't miss out!

Last Agent to Sell the Property

Charles Bulthuis

Reformation Asset Management License #277702 Listed on: 09/22/2021

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,437

Year Built

  • Built in 1977

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Schools

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

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Wood Flooring
  • Crawl Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,437

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Wood: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Electric
  • Green Building Features: Shared Utilities
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Schools

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

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 6437.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 29, 2021
Sold by
Shaw Andrea
Bought by
Kesselman Jeffrey and Kesselman Shannon
Seller's Agent
Charles Bulthuis
Reformation Asset Management
Buyer's Agent
Non Member
Non Member Office
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Current Estimated Value
$838,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,897
Avg. Annual Appreciation
3.25%
Original Mortgage
$592,000
Outstanding Balance
$549,911
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$284,003

Purchase Details

Closed on
May 2, 2016
Sold by
Paresh R Patel
Bought by
Shaw Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.66%

Purchase Details

Closed on
May 23, 2013
Sold by
Zeman Pamela
Bought by
Shaw Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2005
Sold by
Community Housing Llc
Bought by
Zeman Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 15, 2003
Sold by
Neville Tommy
Bought by
Community Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kesselman Jeffrey $740,000 None Available
Shaw Andrea -- --
Shaw Andrea $400,000 None Available
Zeman Pamela $245,000 None Available
Community Housing Llc $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kesselman Jeffrey $592,000
Closed Shaw Andrea $250,000
Previous Owner Shaw Andrea Robin $310,475
Previous Owner Tommy $337,500
Previous Owner Tommy --
Previous Owner Shaw Andrea $251,250
Previous Owner Pamela $340,000
Previous Owner Zeman Pamela $196,000
Previous Owner Community Housing Llc $90,000
Previous Owner Tommy $42,000
Closed Community Housing Llc $22,336
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $740,000 -- --
12/01/2021 12/01/21 Sold $740,000 -1.3% $382 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $750,000 -- $387 / 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 $9,050 $523,500 $256,000 $267,500
2023 $8,768 $523,500 $256,000 $267,500
2022 $8,394 $523,500 $256,000 $267,500
2021 $7,450 $523,500 $256,000 $267,500
2020 $6,789 $398,900 $175,000 $223,900
2018 $6,628 $398,900 $175,000 $223,900
2017 $4,295 $398,900 $175,000 $223,900
2016 $4,295 $250,300 $95,700 $154,600
2015 $4,295 $250,300 $95,700 $154,600
2014 $4,222 $250,300 $95,700 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2409332

Doorify MLS

APN: 9788178438