501 Jones Ferry Rd Unit D12 Carrboro, NC 27510
Outlying Carrboro Neighborhood
2
Beds
1
Bath
920
Sq Ft
$178/mo
HOA Fee
Highlights
- Fitness Center
- Open Floorplan
- Traditional Architecture
- Scroggs Elementary School Rated A
- Clubhouse
- Community Pool
About This Home
As of April 2025Charming and updated, 501 Jones Ferry Rd #D12 offers a prime opportunity in the heart of Carrboro. This 2-bedroom, 1-bath condo is ideally located just minutes from downtown Carrboro, UNC, and major commuter routes, making it a highly desirable property for both homeowners and investors. Featuring a sun-filled open floor plan, the home boasts a fully equipped kitchen with a new electric oven, breakfast bar, and ample cabinet space. The two spacious bedrooms come with generous closets, and the home is enhanced with recent updates, including new windows, light fixtures, and doors, providing modern convenience and energy efficiency. Residents of this charming community enjoy a wide range of amenities, including a pool, fitness center, business center, pet park, tennis courts, and volleyball, adding to the appeal of this property.For investors, this condo represents an excellent opportunity to generate passive income. Its prime location near UNC and downtown Carrboro makes it highly attractive to students, professionals, and families, ensuring a strong rental market and high occupancy rates. The updated finishes and low-maintenance features make it a perfect option for both first-time and seasoned investors seeking consistent rental returns with minimal hassle. Don't miss this chance to own a prime piece of Carrboro real estate with excellent income potential. Motivated seller.
Last Agent to Sell the Property
Compass -- Raleigh License #338797 Listed on: 10/04/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,785
Year Built
- Built in 1971 | Remodeled
HOA Fees
- $178 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Veneer
- Slab Foundation
- Shingle Roof
- Lead Paint Disclosure
Interior Spaces
- 920 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Combination Dining and Living Room
- Carpet
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Primary bathroom on main floor
Parking
- 1 Parking Space
- Paved Parking
- Open Parking
- Parking Lot
- Assigned Parking
Schools
- Mary Scroggs Elementary School
- Grey Culbreth Middle School
- Carrboro High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 9778540436.048
Community Details
Overview
- Association fees include ground maintenance
- Old Well HOA, Phone Number (919) 929-2220
- Old Well Subdivision
- Maintained Community
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Basketball Court
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2024
Closed on
Apr 14, 2025
Sold by
Euler Joseph Elmer
Bought by
Kolada Mark A and Kolada Jodi I
Seller's Agent
Claudio Nunes
Compass -- Raleigh
Buyer's Agent
Jeff Carroll
Allen Tate/Raleigh-Glenwood
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Views
210
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,858
Avg. Annual Appreciation
50.32%
Purchase Details
Closed on
Apr 29, 2021
Sold by
Bowman Barry Aaron and Bowman Kaesha
Bought by
Euler Joseph Elmer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 30, 2016
Sold by
Ledford Bob A and Ledford Connie G
Bought by
Bowman Teresa A and Bowman Barry Aaron
Purchase Details
Closed on
Sep 1, 2004
Sold by
Melton James D and Ledford Bob A
Bought by
Ledford Bob A and Ledford Connie G
Purchase Details
Closed on
Nov 6, 1985
Bought by
Melton and Melton
Similar Home in Carrboro, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $165,000 | None Listed On Document | |
| Warranty Deed | $160,000 | None Available | |
| Warranty Deed | $40,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Deed | $101,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $165,000 | -2.7% | $179 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | Price Changed | $169,500 | -3.1% | $184 / Sq Ft |
| 01/22/2025 01/22/25 | Price Changed | $174,900 | -2.8% | $190 / Sq Ft |
| 10/04/2024 10/04/24 | For Sale | $179,900 | -- | $196 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $2,053 | $109,000 | $0 | $109,000 |
| 2023 | $2,017 | $109,000 | $0 | $109,000 |
| 2022 | $1,996 | $109,000 | $0 | $109,000 |
| 2021 | $1,983 | $109,000 | $0 | $109,000 |
| 2020 | $1,120 | $53,200 | $0 | $53,200 |
| 2018 | $1,083 | $53,200 | $0 | $53,200 |
| 2017 | $816 | $43,500 | $0 | $43,500 |
| 2016 | $816 | $42,320 | $12,205 | $30,115 |
| 2015 | $816 | $42,320 | $12,205 | $30,115 |
| 2014 | $760 | $42,320 | $12,205 | $30,115 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Claudio Nunes
Compass -- Raleigh
(919) 949-0521
1 in this area
26 Total Sales
-
J
Buyer's Agent in 2025
Jeff Carroll
Allen Tate/Raleigh-Glenwood
(919) 418-1918
1 in this area
15 Total Sales
Map
Source: Doorify MLS
MLS Number: 10056487
APN: 9778540436.048
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