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Map
$338,000 - $412,000
●
House -
In Contract
107 W W Poplar Avenue
Carrboro, NC 27510
2 Beds
1 Bath
905 Sqft
Sold Apr 25, 2023
$1,950,000
Buyer
Seller
$1,620,500
by Stormfield Capital Funding I L
Mortgage Due May 01, 2024
Sold Oct 19, 2021
$1,600,000
Buyer
$1,196,250
by Riverbend Funding Llc
Mortgage
About This Property
LOCATION! BIG FLAT LOT! POTENTIAL! Location! In the heart of
Carrboro nestled on a spacious 11,000 sq ft+ FLAT lot, this
adorable 905 sq ft, 2 bed 1 bath ranch house offers endless
possibilities. Walking distance to downtown and the
much-anticipated 203 Project, the future home of Carrboro
Recreation, Parks and Cultural Resources & Orange County Southern
Branch Library. UNC Chapel Hill / Franklin St is only 7 mins
drive/12 mins bike away. NO HOA!
** With AMPLE LOT SIZE IN ZONE R75, you can build addition to the existing structure, or a brand-new single family or an ADU (city's set back and sq ft requirements apply), opportunities abound for self-occupancy, rental income, redevelopment, or all of the above, making this property a versatile asset for any buyer. And with neighboring properties fetching prices at ~$700k to $900K (according to Zestimate), investing in this prime location is not just a home, it's a savvy financial move.
** UPGRADES: Brand new in 2024 - roof, sump pump, vapor barrier, water heater. Brand new in 2023 - heat pump, refrigerator. Storage shed in the backyard provides extra storage.
** GREAT TALENT IN PLACE who keep the property in excellent condition, you can enjoy passive income while exploring your options for the future. Currently renting below market value at $1600. Lease expires 5/31/2024.
** Please do not disturb tenants.
** Property has central heat with a brand new heat pump. Each room has a ceiling fan. Living room has a window AC unit. There is no central cooling in the property. Crack was observed in the foundation wall near the rear corner. Structural engineer inspected and considered the crack a normal range for a house of this age in the Carrboro and did not feel that repairs are currently required other than re-pointing of the crack. Structural engineer report provided in the MLS doc.
The manager has listed the unit size as 905 square feet.
** With AMPLE LOT SIZE IN ZONE R75, you can build addition to the existing structure, or a brand-new single family or an ADU (city's set back and sq ft requirements apply), opportunities abound for self-occupancy, rental income, redevelopment, or all of the above, making this property a versatile asset for any buyer. And with neighboring properties fetching prices at ~$700k to $900K (according to Zestimate), investing in this prime location is not just a home, it's a savvy financial move.
** UPGRADES: Brand new in 2024 - roof, sump pump, vapor barrier, water heater. Brand new in 2023 - heat pump, refrigerator. Storage shed in the backyard provides extra storage.
** GREAT TALENT IN PLACE who keep the property in excellent condition, you can enjoy passive income while exploring your options for the future. Currently renting below market value at $1600. Lease expires 5/31/2024.
** Please do not disturb tenants.
** Property has central heat with a brand new heat pump. Each room has a ceiling fan. Living room has a window AC unit. There is no central cooling in the property. Crack was observed in the foundation wall near the rear corner. Structural engineer inspected and considered the crack a normal range for a house of this age in the Carrboro and did not feel that repairs are currently required other than re-pointing of the crack. Structural engineer report provided in the MLS doc.
The manager has listed the unit size as 905 square feet.
Unit Size
905Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$414
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1942
Listed By
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 27, 2024 | In contract | - | |
In contract | |||
Apr 22, 2024 | Listed | $375,000 | |
Listed | |||
Apr 25, 2023 | Sold | $1,950,000 | |
Sold | |||
Oct 19, 2021 | Sold | $1,600,000 | |
Sold |
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Aluminum Siding
Brick