NOT LISTED FOR SALE

516 W Franklin St Chapel Hill, NC 27516

Downtown Chapel Hill Neighborhood

Estimated Value: $1,235,559

2 Beds
1 Bath
1,078 Sq Ft
$1,146/Sq Ft Est. Value

About This Home

This home is located at 516 W Franklin St, Chapel Hill, NC 27516 and is currently priced at $1,235,559, approximately $1,146 per square foot. 516 W Franklin St is a home located in Orange County with nearby schools including Smith Middle School and East Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
If 4 Were 9 Llc
Bought by
Burger Shack Properties Llc
Current Estimated Value
$1,235,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$932,551
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$306,421

Purchase Details

Closed on
Jan 6, 2009
Sold by
Dawson Ventures Inc
Bought by
If 4 Were 9 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Dai Xin Long
Bought by
Dawson Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,250
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2003
Sold by
Dai Rong Yan and Lei Jiansong
Bought by
Dai Xin Long

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,250
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Tenney Juliann and Reppy William A
Bought by
Dai Xinlong and Dai Rong Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Burger Shack Properties Llc $1,200,000 None Listed On Document
If 4 Were 9 Llc $575,000 None Available
Dawson Ventures Inc $425,000 --
Dai Xin Long -- --
Dai Xinlong $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burger Shack Properties Llc $960,000
Previous Owner 4 Were 9 Llc $1,800,000
Previous Owner If 4 Were 9 Llc $517,500
Previous Owner Dawson Ventures Inc $323,250
Previous Owner Dai Xinlong $170,000
Source: Public Records

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 $18,440 $1,043,700 $841,000 $202,700
2023 $17,951 $1,043,700 $841,000 $202,700
2022 $17,549 $1,063,600 $841,000 $222,600
2021 $17,330 $1,063,600 $841,000 $222,600
2020 $11,810 $670,000 $450,500 $219,500
2018 $10,262 $592,200 $450,500 $141,700
2017 $9,664 $592,200 $450,500 $141,700
2016 $9,664 $551,147 $474,565 $76,582
2015 $9,664 $551,147 $474,565 $76,582
2014 $9,554 $551,147 $474,565 $76,582
Source: Public Records

Map

North Carolina Orange County Chapel Hill 27516 Downtown Chapel Hill

516 W Franklin St, Chapel Hill, NC

This home is located at 516 W Franklin St, Chapel Hill, NC 27516 and is currently priced at $1,235,559, approximately $1,146 per square foot. 516 W Franklin St is a home located in Orange County with nearby schools including Smith Middle School and East Chapel Hill 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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