V
Seller's Agent in 2024
Vivian Pace-morris
EXP Realty LLC
(919) 593-5190
1 in this area
82 Total Sales
620 E Franklin St Chapel Hill, NC 27514
Franklin-Rosemary NeighborhoodEstimated Value: $3,624,000 - $3,931,000
4
Beds
6
Baths
9,244
Sq Ft
$412/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- 1.2 Acre Lot
- Property is near public transit
- Glenwood Elementary School Rated A
- Deck
- Marble Flooring
About This Home
As of January 2024PRICE IMPROVEMENT! Hark the sound...incredible opportunity to own this priceless gem on beloved Franklin St in the prestigious Historic District of Chapel Hill and adjacent to the UNC Campus. Classic southern beauty and absolutely stunning from every vantage point. Approaching the home, you are instantly impressed by the exquisite landscape design (Certified Wildlife Habitat) and the elegant architecture of this historic treasure. Completely renovated, mindful of the time period and every single detail crafted with the finest materials.
Last Agent to Sell the Property
EXP Realty LLC License #260287 Listed on: 01/14/2023
Last Buyer's Agent
Non Member
Non Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,926
Year Built
- Built in 1908
Lot Details
- 1.2 Acre Lot
- Lot Dimensions are 78x55x103x146x229x274
- Fenced Yard
- Landscaped with Trees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Circular Driveway
Home Design
- Traditional Architecture
- Wood Siding
- Plaster
Interior Spaces
- Multi-Level Property
- Wet Bar
- Bookcases
- Entrance Foyer
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Home Office
- Bonus Room
- Sun or Florida Room
- Utility Room
- Home Gym
- Finished Attic
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Range Hood
- Warming Drawer
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Double Vanity
- Private Water Closet
- Separate Shower in Primary Bathroom
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Apartment Living Space in Basement
- Bedroom in Basement
- Laundry in Basement
- Natural lighting in basement
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Deck
- Enclosed Patio or Porch
- Outdoor Gas Grill
- Rain Gutters
Location
- Property is near public transit
- The property is located in a historic district
Schools
- Northside Elementary School
- Grey Culbreth Middle School
- East Chapel Hill High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Property held in a trust
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2023
Closed on
Jan 3, 2024
Sold by
Endowment Fund
Bought by
Edwards Family Trust and Edwards
Seller's Agent
Vivian Pace-morris
EXP Realty LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$3,900,000
Sold Price
$3,100,000
Premium/Discount to List
-$800,000
-20.51%
Views
640
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
$712,484
Avg. Annual Appreciation
10.00%
Original Mortgage
$2,480,000
Outstanding Balance
$2,301,187
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$1,511,297
Purchase Details
Closed on
Nov 16, 2011
Sold by
Gillings Dennis
Bought by
Gillings Joan H
Purchase Details
Closed on
Dec 22, 2005
Sold by
Redhawk Properties Llc
Bought by
Gillings Dennis and Gillings Joan H
Purchase Details
Closed on
Mar 29, 2005
Sold by
Havens Anne Fitch and Havens Richard G
Bought by
Redhawk Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.74%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edwards Family Trust | $3,100,000 | None Listed On Document | |
| Gillings Joan H | -- | None Available | |
| Gillings Dennis | $1,850,000 | None Available | |
| Redhawk Properties Llc | $1,200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Edwards Family Trust | $2,480,000 | |
| Previous Owner | Redhawk Properties Llc | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2024 01/08/24 | Sold | $3,100,000 | -10.8% | $335 / Sq Ft |
| 12/14/2023 12/14/23 | Off Market | $3,475,000 | -- | -- |
| 11/16/2023 11/16/23 | Pending | -- | -- | -- |
| 04/04/2023 04/04/23 | Price Changed | $3,475,000 | -10.9% | $376 / Sq Ft |
| 01/14/2023 01/14/23 | For Sale | $3,900,000 | -- | $422 / 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 | $52,858 | $4,065,800 | $1,400,000 | $2,665,800 |
| 2024 | $37,060 | $3,327,300 | $1,026,000 | $2,301,300 |
| 2023 | $54,158 | $3,516,200 | $1,026,000 | $2,490,200 |
| 2022 | $142 | $3,516,200 | $1,026,000 | $2,490,200 |
| 2021 | $53,927 | $3,516,200 | $1,026,000 | $2,490,200 |
| 2020 | $51,883 | $3,176,000 | $855,000 | $2,321,000 |
| 2018 | $0 | $3,176,000 | $855,000 | $2,321,000 |
| 2017 | -- | $3,176,000 | $855,000 | $2,321,000 |
| 2016 | $55,293 | $3,404,124 | $642,780 | $2,761,344 |
| 2015 | $55,293 | $3,404,124 | $642,780 | $2,761,344 |
| 2014 | -- | $3,404,124 | $642,780 | $2,761,344 |
Source: Public Records
Agents Affiliated with this Home
-
Vivian Pace-morris
-
N
Buyer's Agent in 2024
Non Member
Non Member Office
Map
Source: Doorify MLS
MLS Number: 2490447
APN: 9788688432
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