NOT LISTED FOR SALE

501 Jones Ferry Rd Unit D12 Carrboro, NC 27510

Estimated Value: $165,000 - $209,321

2 Beds
1 Bath
920 Sq Ft
$178/mo HOA Fee

Last Sold April 23, 2025

Last sale price $165,000 $179 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,290/month

180 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Traditional Architecture
  • Scroggs Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of April 2025

Charming 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

Claudio Nunes

Compass -- Raleigh License #338797 Listed on: 10/04/2024

Compass -- Raleigh

Last Buyer's Agent

Jeff Carroll

Allen Tate/Raleigh-Glenwood License #279940

Allen Tate/Raleigh-Glenwood

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,785

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 1

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,785

Year Built

Built in 1971 | Remodeled

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Year Built: 1971
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Old Well
  • Above Grade Finished Sq Ft: 920.0
  • Architectural Style: Traditional
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • 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
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-929-2220
  • General Property Information Senior Community YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Roof:Shingle: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 920.0
  • Room Types Primary Bathroom Level: Main
  • Utilities Sewer Available: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Disclosures Lead Based Paint: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Living/Dining Room Combination, Open Floorplan
  • Spa Features: None
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: None
  • Fencing: None
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Construction Materials:Brick Veneer: Yes
  • Exterior Features:None6: Yes
  • Patio And Porch Features:None18: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Assigned, Parking Lot, Paved
  • Total Parking Spaces: 1.0
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Paved2: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 178.0
  • Association Fee Frequency: Monthly
  • Association Name: Old Well HOA
  • Phone: 919-929-2220
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Old Well HOA
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Horse Amenities:None11: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 178.0
  • 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

  • Horse Amenities: None
  • Parcel #: 9778540436.048

Tax Info

  • Tax Annual Amount: 1785.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Mary Scroggs

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
$176,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,580
Avg. Annual Appreciation
19.00%

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
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Kolada Mark A $165,000 None Listed On Document
Euler Joseph Elmer $160,000 None Available
Bowman Teresa A $40,000 None Available
Ledford Bob A -- None Available
Melton $101,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Euler Joseph Elmer $100,000
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

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 $2,053 $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

  • Claudio Nunes

    Seller's Agent in 2025

    Claudio Nunes

    Compass -- Raleigh

    (919) 949-0521

    1 in this area

    27 Total Sales

    Claudio Nunes
    Section Image

  • J

    Buyer's Agent in 2025

    Jeff Carroll

    Allen Tate/Raleigh-Glenwood

    (919) 418-1918

    1 in this area

    13 Total Sales

    Jeff Carroll
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10056487

Doorify MLS

APN: 9778540436.048

North Carolina Orange County Carrboro 27510

501 Jones Ferry Rd Unit D12, Carrboro, NC

This home is located at 501 Jones Ferry Rd Unit D12, Carrboro, NC 27510 since 04 October 2024 and is currently estimated at $176,580, approximately $191 per square foot. This property was built in 1971. 501 Jones Ferry Rd Unit D12 is a home located in Orange County with nearby schools including Scroggs Elementary School, McDougle Middle School, and Carrboro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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