NOT LISTED FOR SALE

713 N Columbia St Chapel Hill, NC 27516

Estimated Value: $1,144,000 - $1,254,000

6 Beds
7 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold June 14, 2021

Last sale price $875,000

Est. 38% increase in value since last sale

Current estimated payment $7,666/month

27 Days on Market

Highlights

  • Wood Flooring
  • Phillips Middle School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Fantastic opportunity to own a class A rental property within walking distance to UNC. Consistently rented a year in advance. Leases in place for 2022 with rate increase ($3,280 / $1,780). Unit A has an office/study with full bath. Every bedroom has its own private bathroom in Unit A. Granite in kitchen, SS appliances, washer dryer and hardwoods. Back unit has large deck front unit has rocking chair porch. Plenty of off street parking. Do not disturb the tenants. Appointment only showings.

Last Agent to Sell the Property

Jens Hoeg

Fathom Realty NC, LLC License #160572 Listed on: 04/15/2021

Last Buyer's Agent

Elizabeth Hairston

The Luxe Group, Inc. License #280480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,266

Year Built

  • Built in 2016

Lot Details

  • 10,454

Parking

  • Off-Street Parking

Flooring

  • Wood
  • Carpet
  • Tile

Schools

  • Northside Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Additional Features

  • Crawl Space
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,266

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Flooring Wood: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Tile, Wood
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 6266.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Prieto Investments Real Estate Llc
Bought by
713 N Columbia St Chapel Hill Nc 27516 Llc
Current Estimated Value
$1,206,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 3, 2021
Sold by
711 N Columbia Llc
Bought by
Prieto Investments Real Estate Llc
Seller's Agent
Jens Hoeg
Fathom Realty NC, LLC
Buyer's Agent
Elizabeth Hairston
The Luxe Group, Inc.
List Price
$889,000
Sold Price
$875,000
Premium/Discount to List
-$14,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
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
713 N Columbia St Chapel Hill Nc 27516 Llc $970,000 --
Prieto Investments Real Estate Llc $875,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 713 N Columbia St Chapel Hill Nc 27516 Llc $670,000
Previous Owner 711 N Columbia Llc $1,327,500
Previous Owner 711 N Columbial Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $875,000 -- --
06/14/2021 06/14/21 Sold $875,000 -1.6% --
05/12/2021 05/12/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $889,000 -- --
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 $13,110 $772,200 $360,000 $412,200
2023 $12,750 $772,200 $360,000 $412,200
2022 $12,216 $772,200 $360,000 $412,200
2021 $7,990 $772,200 $360,000 $412,200
2020 $6,267 $366,400 $150,000 $216,400
2018 $6,118 $366,400 $150,000 $216,400
2017 -- $366,400 $150,000 $216,400
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jens Hoeg

    Fathom Realty NC, LLC

  • Elizabeth Hairston

    Buyer's Agent in 2021

    Elizabeth Hairston

    The Luxe Group, Inc.

    (919) 358-8782

    70 Total Sales

    Elizabeth Hairston
    Section Image

  • E

    Buyer's Agent in 2021

    Elizabeth Crawford

    Keller Williams Realty Cary

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Map

Source: Doorify MLS

MLS Number: 2378037

Doorify MLS

APN: 9789204198

North Carolina Orange County Chapel Hill 27516

713 N Columbia St, Chapel Hill, NC

This home is located at 713 N Columbia St, Chapel Hill, NC 27516 since 15 April 2021 and is currently estimated at $1,206,436. This property was built in 2016. 713 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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