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Sold for $1,850,000
  • $1,850,000

    140 W Franklin St Unit 705, Chapel Hill, NC 27516

    2beds
    1,903sqft
    Condominium, Residential, Multi Family
    Built in 2013
    -- sqft lot
    $1,804,700 Zestimate®
    $972/sqft
    $3,207 Estimated rent

    Home value

    $1,804,700

    $1.66M - $1.95M

    $3,207/mo

    Zestimate® history
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    What's special

    Captivating Penthouse with Stunning Countryside Views in Downtown Chapel Hill. Discover an exquisite two-level Penthouse on the 7th and 8th floors, offering breathtaking long-distance views of the countryside that will leave you in awe every day. This beautifully designed 2-bedroom, 2.5-bathroom residence features an open floor plan, making it perfect for modern living. The cook's kitchen is a culinary delight, with stainless steel appliances, ample counter space, and a layout designed for entertaining. The living area, boasting a fireplace ideal for relaxing evenings, is complemented by elegant bamboo flooring throughout. Enjoy seamless indoor-outdoor living with two generous balconies, perfect for morning coffee or evening sunsets. The main bedroom suite serves as a tranquil retreat, featuring an en-suite bathroom, ample closet space for all your storage needs, and access to a private balcony. The sitting room is adaptable for use as an office, study, or TV room. The guest bedroom is equally inviting, with an en-suite bathroom and long-distance views of the Durham skyline and The Duke Chapel. Located in the heart of downtown Chapel Hill, just steps away from UNC's main campus, restaurants, and cultural attractions, this penthouse offers the perfect blend of convenience and luxury with concierge services, fitness center and owner's clubroom. A wonderful setting to call ''Home''.

    Zillow last checked:

    Listing updated:

    Listed by:

    Phil Patterson 919-302-5260,

    Hodge&KittrellSothebysIntlRlty

    Bought with:

    Debbie McCormick, 130369

    Berkshire Hathaway HomeService

    Mark McCormick, 207710

    Berkshire Hathaway HomeService

    Source: Doorify MLS,MLS#: 10040038MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Fireplace(s), Forced Air, Heat Pump, Zoned
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Free-Standing Refrigerator, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Oven, Washer/Dryer, Water Heater
    • Laundry: Electric Dryer Hookup, In Unit, Inside, Laundry Room, Upper Level, Washer Hookup
    Features
    • Bathtub/Shower Combination, Pantry, Ceiling Fan(s), Double Vanity, Dual Closets, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Speed Internet, Kitchen/Dining Room Combination, Open Floorplan, Recessed Lighting, Storage, Walk-In Closet(s), Walk-In Shower
    • Flooring: Bamboo, Carpet, Ceramic Tile
    • Windows: Insulated Windows, Window Treatments
    • Number of fireplaces: 1
    • Fireplace features: Fireplace Screen, Free Standing, Gas Log, See Through, Ventless
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,903
    • Total interior livable area: 1,903 sqft
    • Finished area above ground: 1,903
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Community Structure, Deeded, Electric Gate, Garage Faces Rear, Gated, Lighted, On Site, Paved
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Doors, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer, Adaptable For Elevator, Level Flooring, Visitor Bathroom
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Balcony, Storage
    • Has view: Yes
    • View description: City, Downtown, Skyline
    Lot
    • Size: 1.75 Acres
    • Dimensions: 253' x 301'253' x 300'
    • Features: Near Public Transit, Views
    Details
    • Additional structures: Storage
    • Parcel number: 97788278230.136L
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium, Residential, Multi Family
    • Attached to another structure: Yes
    Materials
    • Batts Insulation, Block, Brick, Glass, Synthetic Stucco
    • Foundation: Concrete Perimeter, Permanent, Pillar/Post/Pier
    • Roof: Flat, Membrane, Rubber, Stone
    Condition
    • New construction: No
    • Year built: 2013
    • Major remodel year: 2013

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Gated, Sidewalks
    • Subdivision: 140 West Franklin Condominium
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Concierge, Elevator(s), Fitness Center, Gated, Insurance, Maintenance Grounds, Maintenance Structure, Management, Parking, Party Room, Security, Storage, Trash
    • Services included: Insurance, Maintenance Grounds, Maintenance Structure, Security, Storm Water Maintenance, Trash
    • HOA fee: $825 monthly
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $972/sqft
    • Tax assessed value: $1,359,700
    • Annual tax amount: $2,281
    • Date on market: 7/9/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/17/2024Sold$1,850,000-5.1%$972/sqft
    Source: Doorify MLS #10040038 Report a problem
    8/21/2024Pending sale$1,950,000$1,025/sqft
    Source: Doorify MLS #10040038 Report a problem
    7/9/2024Listed for sale$1,950,000$1,025/sqft
    Source: Doorify MLS #10040038 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,374 +44.2%$1,359,700 +85.5%
    2024$12,743 +4%$733,100
    2023$12,256 +3.1%$733,100
    2022$11,891 +1.3%$733,100
    2021$11,741 -3.4%$733,100 +2.8%
    2020$12,154 +1.9%$713,400
    2018$11,921 $713,400
    Find assessor info on the county website

    Neighborhood: Northside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CH/Carrboro - Carrboro
    • Middle: CH/Carrboro - Smith
    • High: CH/Carrboro - East Chapel Hill

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,804,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,804,700