709 N Columbia St Chapel Hill, NC 27516
3
Beds
2
Baths
1,375
Sq Ft
6,970
Sq Ft Lot
Highlights
- Wood Burning Stove
- Wood Flooring
- Wood Frame Window
- Phillips Middle School Rated A
- No HOA
- Eat-In Kitchen
About This Home
As of October 2024Do you want to live close to the UNC campus or own an investment property in a prime location? This captivating home, PLUS back studio/ADU, makes this renovated 1950s ranch the ultimate blend of charm and investment gold! The front house features 3 bedrooms, 1 bath with W/D, a sleek kitchen, and a huge living room with a wood-burning stove. It rented for $2,400/month, with a $100 discount to offset back studio utilities. The back studio, a perfect retreat with its own kitchenette, bath, and laundry, rented for $700/month with utilities included. With a total rental income of $3,000/month that hasn't increased in years. No matter what time of year, this seller has never had more than 2 months vacancy since purchasing in 2005. This property is a cash flow machine!
Recent upgrades elevate this home to modern standards: a sleek metal roof, new hot water heater, dishwasher, washer, and dryer, updated plumbing, a dual HVAC system, and a gas stove. The 3 skylights flood the space with natural light in the kitchen, bathroom, and the living room. The updated kitchen boasts a contemporary IKEA design and a butcher block island. Enjoy the cozy ambiance of the wood-burning stove in the living area and the refinished hardwood floors throughout the main house. The electrical system has been checked, and a vapor barrier has been installed for added efficiency. The back studio features its own split HVAC unit, ensuring year-round comfort.
The large front porch is perfect for sipping morning coffee or unwinding in the evening. The private fenced backyard offers a serene oasis, ideal for gardening, entertaining, or simply relaxing. Parking for 4 cars is available in the driveway.
This property is just a few blocks to UNC campus, Franklin St, and Downtown. It's also just one block from the free bus line. It's a location that offers the best of Chapel Hill living. Don't miss out on this rare opportunity to own a piece of prime real estate with incredible income potential. Whether you're seeking a stylish abode or a lucrative investment, this property ticks all the boxes. **Offers received, deadline Monday, 10/7 at noon.**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,646
Year Built
- Built in 1957
Lot Details
- 6,970 Sq Ft Lot
- Wood Fence
- Perimeter Fence
- Landscaped with Trees
- Garden
- Back Yard Fenced
Home Design
- Bungalow
- Combination Foundation
- Block Foundation
- Slab Foundation
- Metal Roof
- Wood Siding
- Masonite
Interior Spaces
- 1,375 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Stove
- Wood Frame Window
- Living Room with Fireplace
- Storm Windows
Kitchen
- Eat-In Kitchen
- Free-Standing Gas Oven
- Gas Range
- Freezer
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Laundry in multiple locations
- Laundry in Bathroom
- Stacked Washer and Dryer
Parking
- 4 Parking Spaces
- Parking Pad
- Gravel Driveway
- 4 Open Parking Spaces
Outdoor Features
- Rain Gutters
Schools
- Northside Elementary School
- Guy Phillips Middle School
- East Chapel Hill High School
Utilities
- Ductless Heating Or Cooling System
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 9789203021
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $550,000 | +4.8% | $400 / Sq Ft |
| 10/07/2024 10/07/24 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | For Sale | $525,000 | -- | $382 / 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 | $5,646 | $329,000 | $225,000 | $104,000 |
| 2023 | $5,493 | $329,000 | $225,000 | $104,000 |
| 2022 | $5,266 | $329,000 | $225,000 | $104,000 |
| 2021 | $4,212 | $329,000 | $225,000 | $104,000 |
| 2020 | $3,426 | $199,200 | $112,500 | $86,700 |
| 2018 | $3,344 | $199,200 | $112,500 | $86,700 |
| 2017 | $3,154 | $199,200 | $112,500 | $86,700 |
| 2016 | $3,154 | $184,329 | $95,078 | $89,251 |
| 2015 | $3,154 | $184,329 | $95,078 | $89,251 |
| 2014 | $3,110 | $184,329 | $95,078 | $89,251 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,700 | New Conventional | |
| Previous Owner | $171,200 | Unknown | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $31,600 | Credit Line Revolving | |
| Previous Owner | $126,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $101,135 | Unknown | |
| Closed | $23,700 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $158,000 | -- |
Source: Public Records
About the Listing Agent
Samantha's diverse background in design, fine art, and sales brings a fresh perspective to her work in real estate. After graduating from the University of the Arts in Philadelphia, she coordinated the acquisition and curation of artwork for a newly erected, twelve-story office building in London. From there she transitioned from art consulting into sales, and then back into her design practice, all along with fine-tuning her easy client manner and strong communication skills.
In 2011
Samantha's Other Listings
Source: Doorify MLS
MLS Number: 10056618
APN: 9789203021
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