$1,450,000

4 Bolin Heights Chapel Hill, NC 27514

Estimated payment $8,817/month

Total Views 22,827
0.77 Acre
$1,883,117 Price per Acre
33,541 Sq Ft Lot

Highlights

  • Partially Wooded Lot
  • No HOA
  • Brush Vegetation
  • Phillips Middle School Rated A
  • Grass Field

About This Lot

Investors< take a good look at this property ,.77 acres located approximately .6 miles to the intersection of East Franklin St. and Columbia St. in the heart of Chapel Hill N.C.and the UNC Campus. The Town of Chapel Hill wants new housing, and The Land Use Management Ordinance (LUMO)has incentives for new affordable housing. The subject property is in a R 4 zoning area and could yield 5/10 or more housing units. Think about that, new housing that is walking distance to Franklin St, UNC campus, shopping, and restaurants.
There is a rental home on the property along with two storage buildings being sold as is. Do not disturb tenants, Property is a redevelopmeproperty.

Listing Agent

Thomas Watts

Coldwell Banker - HPW License #88663

Coldwell Banker - HPW

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,675

Year Built

  • 1955

Lot Details

  • 0.77 Acre Lot
  • Back Yard Fenced
  • Brush Vegetation
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R4

Schools

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

Additional Features

  • Grass Field
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property held in a trust

Property Details

Property Type

Land

Est. Annual Taxes

$8,675

Year Built

1955

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: See Remarks
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Subdivision Name: Not in a Subdivision
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: No
  • Utilities Natural Gas Available: Yes
  • Utilities Water Connected: Yes
  • Contract Information Lease Term: Month To Month
  • Vegetation Cleared2: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Fencing Back Yard: Yes
  • Vegetation Grassed: Yes
  • Vegetation Brush: Yes
  • Road Surface Type Gravel2: Yes
  • Vegetation Partially Wooded: Yes
  • Special Listing Conditions Trust: Yes
  • General Property Information Lot Size Square Feet2: 33425.0
  • General Property Information Lot Size Acres: 0.7673
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1955

Interior Features

  • Possible Use: Development, Multi-Family, Single Family, See Remarks

Exterior Features

  • Fencing: Back Yard
  • Acres: 0.77
  • Disclosures: Seller Disclosure

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Zoning: R4
  • Current Use: Multi-Family, See Remarks
  • Development Status: See Remarks
  • Lot Size Sq Ft: 33425.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 8674.71
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Map

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

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 $8,675 $478,500 $282,000 $196,500
2023 $8,370 $473,200 $282,000 $191,200
2022 $8,060 $474,300 $280,900 $193,400
2021 $7,963 $474,300 $280,900 $193,400
2020 $8,385 $471,700 $280,900 $190,800
2018 $0 $471,700 $280,900 $190,800
2017 $5,563 $471,700 $280,900 $190,800
2016 $5,563 $309,400 $193,200 $116,200
2015 $5,563 $309,400 $193,200 $116,200
2014 -- $311,340 $193,230 $118,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 For Sale $1,450,000 -- --
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Doorify MLS

MLS Number: 10055603

Doorify MLS

APN: 9789309642