$1,300,000
SOLD DEC 17, 2024
3 Beds
3 Baths
2,105 Sq Ft
1.75 Acres

Recently Sold

$618 Per Sq Ft

21% Below List Price

118 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Smith Middle School Rated A
  • Building Security
  • Gated Community

About This Home

As of December 2024

LIGHT, BRIGHT, EXPANSIVE. Wake up to the inviting warmth of the morning sun in this east-facing residence, bringing downtown Chapel Hill to life. This open and expansive floor plan features 3 bedrooms, 3 full baths, and a versatile flex room off the living area with barn doors for added privacy—ideal as a den, TV room, office/study, or guest room. Enjoy the cityscape from three outdoor balconies with eastern views, ensuring no harsh sunsets. The kitchen boasts Caesarstone countertops, an oversized island, pendant lighting, rollout shelving, and stainless steel appliances. The main bedroom offers two private ensuite baths, three oversized closets. Guest bedroom includes a large walk-in closet, ceiling fan, and outdoor balcony.
Additional amenities include two parking spaces, an outside hallway storage closet near the main entrance, concierge services, onsite HOA management, fitness center, and an owner's clubroom. Situated in the heart of downtown Chapel Hill, you're just steps away from UNC's main campus, Memorial Auditorium, Gibbs Art Gallery, and fine dining. Urban living at its finest.

Last Agent to Sell the Property

Phil Patterson

Hodge&KittrellSothebysIntlRlty License #174625

Hodge&KittrellSothebysIntlRlty

Last Buyer's Agent

Phil Patterson

Hodge&KittrellSothebysIntlRlty License #174625

Hodge&KittrellSothebysIntlRlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,596

Year Built

  • Built in 2013

Lot Details

  • 1.75 Acre Lot
  • Two or More Common Walls
  • East Facing Home
  • Cleared Lot

HOA Fees

  • $895 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking
  • Secured Garage or Parking
  • Deeded Parking

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Veneer
  • Pillar, Post or Pier Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,105 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • High Ceiling
  • Insulated Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Washer and Dryer

Home Security

  • Security Gate
  • Closed Circuit Camera
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Full Bathroom
  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Handicap Accessible
  • Customized Wheelchair Accessible
  • Accessible Doors
  • Accessible Entrance

Schools

  • Carrboro Elementary School
  • Smith Middle School
  • East Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 9788278230.083L413

Community Details

Overview

  • Association fees include insurance, ground maintenance, security, storm water maintenance, trash
  • 140 West Franklin Condominium Association, Phone Number (919) 537-8247
  • 140 West Franklin Condominium Subdivision
  • Maintained Community
  • Community Parking

Amenities

  • Concierge
  • Trash Chute
  • Party Room
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts

Security

  • Building Security
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,596

Year Built

Built in 2013

Lot Details

0

HOA Fees

$895 per month

Parking

2

Listing Details

  • Year Built: 2013
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Security, Storm Water Maintenance, Trash
  • Subdivision Name: 140 West Franklin Condominium
  • Above Grade Finished Sq Ft: 2105.0
  • Architectural Style: Traditional, Transitional
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Effective Year Built: 2013
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Architectural Style Traditional: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-537-8247
  • General Property Information Senior Community YN: No
  • Laundry Features In Hall: Yes
  • General Property Information Enhanced Accessible2: Yes
  • Utilities Natural Gas Available: Yes
  • General Property Information Monthly Association Fees2: 846.95
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2105.0
  • Laundry Features Common Area2: Yes
  • Security Features Fire Alarm: Yes
  • Vegetation Cleared2: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Security Features Building Security: Yes
  • Structure Type Multi Family: Yes
  • Foundation Details PillarPostPier: Yes
  • Interior Features Dual Closets: Yes
  • General Property Information Lot Size Square Feet2: 76230.0
  • View City Lights: Yes
  • Security Features Fire Sprinkler System: Yes
  • General Property Information Lot Size Acres: 1.75
  • RoofRubber: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • Association Amenities Concierge: Yes
  • View Downtown: Yes
  • Security Features Security Gate: Yes
  • View Skyline: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Dual Closets, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Electric Range, Ice Maker, Induction Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer/Dryer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Appliances:Induction Cooktop: Yes

Exterior Features

  • Roof: Rubber, Stone, Tar/Gravel
  • Exterior Features: Balcony
  • Fencing: None
  • Acres: 1.75
  • Home Warranty: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Block, Brick, Brick Veneer, Concrete, Glass, Synthetic Stucco
  • Direction Faces: East
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Accessibility Features:Accessible Door(s): Yes
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Near Public Transit: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Exterior Features:Balcony: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Construction Materials:Block2: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Construction Materials:Concrete2: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Accessibility Features:Visitor Bathroom: Yes
  • Accessibility Features:Accessible Closets: Yes
  • Lot Features:City Lot: Yes
  • Accessibility Features:Accessible Kitchen Appliances: Yes
  • View:City3: Yes
  • Window Features:Window Coverings: Yes
  • Construction Materials:Glass: Yes
  • Construction Materials:Synthetic Stucco: Yes
  • Accessibility Features:Customized Wheelchair Accessible: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Assigned, Concrete, Covered, Deeded, Garage, Gated, Underground
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Covered: Yes
  • Association Amenities:Parking: Yes
  • General Property Information:Garage Spaces: 2.0
  • Security Features:Secured GarageParking: Yes
  • Parking Features:Gated3: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Deeded: Yes
  • General Property Information:Parking Total: 2.0
  • Parking Features:Underground: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected, Underground Utilities
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 894.76
  • Association Fee Frequency: Monthly
  • Association Name: 140 West Franklin Condominium Association
  • Phone: 919-537-8247
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: 140 West Franklin Condominium Association
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Insurance: Yes
  • Association Amenities:Management: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Party Room: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 894.76
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 76230.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9788278230.083L413
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13596.12
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Carrboro

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $1,300,000 -7.1% $618 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $1,399,000 -9.7% $665 / Sq Ft
07/09/2024 07/09/24 Price Changed $1,550,000 -6.1% $736 / Sq Ft
06/06/2024 06/06/24 For Sale $1,650,000 -- $784 / 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
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $10,086 $147,900 $147,900 $0
2015 $107 $147,900 $147,900 $0
2014 $51 $106,700 $106,700 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $1,300,000 None Listed On Document
Deed $1,300,000 None Listed On Document
Condominium Deed $810,000 None Available
Deed -- None Available
Source: Public Records

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Source: Doorify MLS

MLS Number: 10033751

Doorify MLS

APN: 9788278230.083