NOT LISTED FOR SALE

Estimated Value: $846,430 - $970,000

2 Beds
2.5 Baths
1,342 Sq Ft
$534/mo HOA Fee

Last Sold January 19, 2023

Last sale price $755,000 $563 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,563/month

3 Days on Market

Highlights

  • Fitness Center
  • 1.75 Acre Lot
  • Deck
  • Smith Middle School Rated A
  • Clubhouse
  • Property is near public transit

About This Home

As of January 2023

From the fifth floor overlooking the 140 Plaza in the heart of downtown Chapel Hill, enjoy sunset views and all the conveniences of urban living. This 2-bedroom, 2.5-bath, move-in ready condo, freshly painted with new carpet, offers an open floor plan, custom-outfitted closets, and ceiling fans. Secured building with 24-hour concierge/security attendant, owner's club room, plus fitness center with yoga room - all the conveniences of maintenance-free living. Short walk to UNC's main campus, performing arts and fine dining. A wonderful location to call home.

Last Listed By

Phil Patterson

Hodge&KittrellSothebysIntlRlty License #174625 Listed on: 12/28/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,607

Year Built

  • Built in 2013

Lot Details

  • 1.75

HOA Fees

  • $534 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 1,342 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Open Floorplan

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Washer and Dryer
  • 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
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No or Low VOC Paint or Finish
  • Deck
  • Property is near public transit

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, storm water maintenance, trash
  • 140 West Franklin Condominium Subdivision

Recreation

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,607

Year Built

Built in 2013

Lot Details

0

HOA Fees

$534 per month

Parking

1

Listing Details

  • Year Built: 2013
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Storm Water Maintenance, Trash
  • Subdivision Name: 140 West Franklin Condominium
  • Above Grade Finished Sq Ft: 1342.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 253' x 300' x 252' x 301'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: 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
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 1342.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 76230.0
  • General Property Information Lot Size Acres: 1.75
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Hardwood, Wood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, High Speed Internet, Kitchen/Dining Room Combination, Living/Dining Room Combination, Primary Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Community Features:Fitness Center2: Yes

Exterior Features

  • Acres: 1.75
  • Construction Type: Aluminum Siding, Brick, Concrete, Fiber Cement, Glass, Low VOC Paint/Sealant/Varnish
  • Patio And Porch Features: Deck
  • Accessibility Features:Accessible Door(s): Yes
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Near Public Transit: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Construction Materials:Concrete2: Yes
  • Construction Materials:Glass: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Covered: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center
  • Association Fee: 533.63
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 533.63
  • 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 Dimensions: 253' x 300' x 252' x 301'
  • Lot Size Sq Ft: 76230.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9607.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Carrboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Jan 6, 2023
Sold by
Cochrane Haywood D
Bought by
Lewis Beverly
Seller's Agent
Phil Patterson
Hodge&KittrellSothebysIntlRlty
Buyer's Agent
Shenandoah Nieuwsma
Compass -- Chapel Hill - Durham
Sold Price
$755,000
Total Days on Market
3
Views
39
Current Estimated Value
$901,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,143
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Jan 5, 2014
Sold by
140 West Franklin Llc
Bought by
Frazier Michael J and Lawton Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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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
Lewis Beverly -- --
Frazier Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawton Thomas $414,000
Previous Owner Frazier Michael J $51,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $755,000 -- --
01/19/2023 01/19/23 Sold $755,000 -- $563 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
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 -- $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 $8,220 $96,100 $96,100 $0
2015 $107 $96,100 $96,100 $0
2014 $51 $96,100 $96,100 $0
Source: Public Records

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Source: Doorify MLS

MLS Number: 2488457

Doorify MLS

APN: 9788278230.115