NOT LISTED FOR SALE

902 E Franklin St Unit 6 Chapel Hill, NC 27514

Estimated Value: $488,931 - $528,000

2 Beds
2.5 Baths
1,976 Sq Ft
$175/mo HOA Fee

Last Sold June 23, 2021

Last sale price $394,000 $199 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,312/month

3 Days on Market

Highlights

  • Fireplace in Bedroom
  • Traditional Architecture
  • Breakfast Room
  • Glenwood Elementary School Rated A
  • End Unit
  • Patio

About This Home

As of June 2021

Great Franklin Street location close to everything. Rarely do these units come on the market. Walk to Campus and Downtown. Freshly painted. Seller is offering a One year home warranty and a $5,000 flooring allowance with acceptable offer Large Patio surrounded by beautiful mature landscaping. Bright interior. Showings begin Wednesday, April 7th.

Last Agent to Sell the Property

Peter Owens

Carolina Preferred Realty License #204751 Listed on: 04/05/2021

Last Buyer's Agent

Carolyn Swenson

Allen Tate/Raleigh-Glenwood License #276839

Allen Tate/Raleigh-Glenwood

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,298

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Cedar

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom
  • Shower Only

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association Phone (704) 517-9133
  • Franklin Townhomes Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,298

Year Built

Built in 1979

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Year Built: 1979
  • Prop. Type: Residential
  • Subdivision Name: Franklin Townhomes
  • Above Grade Finished Sq Ft: 1976.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Phone: 704-517-9133
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1976.0
  • General Property Information Carport YN: No
  • General Property Information:Living Area3: 1976.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Shower Only
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Bedroom, Family Room
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Fireplace Features:Bedroom: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Cedar
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 525.0
  • Association Fee Frequency: Quarterly
  • Phone: 704-517-9133
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee: 525.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Tax Info

  • Tax Annual Amount: 5298.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 21, 2021
Sold by
Owens Mark
Bought by
Laroche Suzette Maria and Huebner Nancy Jeanne
Seller's Agent
Peter Owens
Carolina Preferred Realty
Buyer's Agent
Carolyn Swenson
Allen Tate/Raleigh-Glenwood
List Price
$379,000
Sold Price
$394,000
Premium/Discount to List
$15,000
3.96%
Current Estimated Value
$505,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,233
Avg. Annual Appreciation
5.58%
Original Mortgage
$315,200
Outstanding Balance
$285,374
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$219,859

Purchase Details

Closed on
Mar 18, 1997
Bought by
Owens
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Laroche Suzette Maria $394,000 None Available
Owens $213,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laroche Suzette Maria $315,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $394,000 -- --
06/23/2021 06/23/21 Sold $394,000 +4.0% $199 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $379,000 -- $192 / 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
2025 $6,251 $466,400 $0 $466,400
2024 $4,658 $337,900 $0 $337,900
2023 $5,665 $337,900 $0 $337,900
2022 $5,432 $337,900 $0 $337,900
2021 $2,802 $337,900 $0 $337,900
2020 $2,890 $328,300 $0 $328,300
2018 $0 $328,300 $0 $328,300
2017 $2,012 $328,300 $0 $328,300
2016 $2,012 $227,224 $63,674 $163,550
2015 $2,012 $227,224 $63,674 $163,550
2014 $1,482 $227,224 $63,674 $163,550
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Peter Owens

    Carolina Preferred Realty

    (919) 593-6696

    19 Total Sales

    Peter Owens
    Section Image
  • Carolyn Swenson

    Buyer's Agent in 2021

    Carolyn Swenson

    Allen Tate/Raleigh-Glenwood

    (919) 413-5427

    112 Total Sales

    Carolyn Swenson
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2375752

Doorify MLS

APN: 9788896532.006

North Carolina Orange County Chapel Hill 27514

902 E Franklin St Unit 6, Chapel Hill, NC

Not Listed for Sale

Condos

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