NOT LISTED FOR SALE

639 N Columbia St Chapel Hill, NC 27516

Estimated Value: $570,000 - $665,000

3 Beds
2 Baths
1,476 Sq Ft
$409/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $525,000 $356 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,767/month

4 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Tile Flooring
  • Heating Available
  • Phillips Middle School Rated A
  • Wood Siding

About This Home

As of August 2022

Quad within walking distance of UNC - Chapel Hill and Franklin Street. Fully leased for the 2022-2023 academic year. Professionally managed and well maintained. 1942 structure converted into 4 apartments. Roof replaced in 2020. Owner pays all utilities approx. $350/month. Lease Exp: A:6/30/23 ($875) B: 7/31/23 ($900) C: 7/25/2023 ($950) D: 6/30/23 ($875)

Last Agent to Sell the Property

Tom Linsenmeyer

Deaton Investment Real Estate License #281601 Listed on: 08/01/2022

Co-Listed By

Thomas Furlow

Deaton Investment Real Estate License #222598

Last Buyer's Agent

Kim Pappalardo

Real Broker, LLC License #222069

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1942

Lot Details

  • 8,712

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Flooring

  • Laminate
  • Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Seawell Elementary School
  • Smith Middle School
  • Chapel Hill High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,300

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 3162
  • Co List Office Phone: 919-847-1117
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Vinyl: Yes
  • Flooring Laminate: Yes
  • Cooling Wall Unit(s): Yes
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 4.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Electric
  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Schools

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

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water

Tax Info

  • Tax Annual Amount: 6300.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Hebert Eric
Bought by
Eric Hebert Family Trust and Hebert
Current Estimated Value
$603,244

Purchase Details

Listed on
Aug 1, 2022
Closed on
Aug 29, 2022
Sold by
639 Columbia Street Llc
Bought by
Hebert Eric
Seller's Agent
Tom Linsenmeyer
Deaton Investment Real Estate
Buyer's Agent
Kim Pappalardo
Real Broker, LLC
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Dec 3, 2019
Sold by
Keady Thomas J and Keady Deanne M
Bought by
639 Columbia Street Llc

Purchase Details

Closed on
Jan 12, 2011
Sold by
Massing Mark Wayne
Bought by
Keady Thomas J and Keady Deanne M

Purchase Details

Closed on
Apr 13, 2004
Sold by
Wiester Mildred Jean
Bought by
Massing Mark Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac
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
Eric Hebert Family Trust -- None Listed On Document
Hebert Eric $525,000 --
639 Columbia Street Llc -- None Available
Keady Thomas J $250,000 None Available
Massing Mark Wayne $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massing Mark Wayne $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $525,000 -- --
08/30/2022 08/30/22 Sold $525,000 -8.7% $356 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $575,000 -- $390 / 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 $6,827 $390,000 $272,000 $118,000
2023 $6,650 $390,000 $272,000 $118,000
2022 $6,388 $390,000 $272,000 $118,000
2021 $6,335 $390,000 $272,000 $118,000
2020 $4,399 $248,500 $150,000 $98,500
2018 $4,311 $248,500 $150,000 $98,500
2017 $4,551 $248,500 $150,000 $98,500
2016 $4,551 $264,316 $124,120 $140,196
2015 $4,551 $264,316 $124,120 $140,196
2014 $4,465 $264,316 $124,120 $140,196
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tom Linsenmeyer

    Deaton Investment Real Estate

    Section Image
  • Thomas Furlow

    Seller Co-Listing Agent in 2022

    Thomas Furlow

    Deaton Investment Real Estate

    (919) 847-1117

    75 Total Sales

    Thomas Furlow
    Section Image
  • Kim Pappalardo

    Buyer's Agent in 2022

    Kim Pappalardo

    Real Broker, LLC

    (919) 608-2085

    271 Total Sales

    Kim Pappalardo
    Section Image

  • K

    Buyer's Agent in 2022

    Kimberly Pappalardo

    Keller Williams Preferred Realty

See All Agents

Map

Source: Doorify MLS

MLS Number: 2465850

Doorify MLS

APN: 9788292510

North Carolina Orange County Chapel Hill 27516

639 N Columbia St, Chapel Hill, NC

This home is located at 639 N Columbia St, Chapel Hill, NC 27516 since 01 August 2022 and is currently estimated at $603,244, approximately $408 per square foot. This property was built in 1942. 639 N Columbia St is a home located in Orange County with nearby schools including Northside Elementary School, Phillips Middle School, and East Chapel Hill High School.

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