See Home Value
Carrboro 27516 Cobblestone
116 Cobblestone Drive
$725,000
● House - Off Market

116 Cobblestone Drive

Chapel Hill, NC 27516
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,383 Ft²
$3,712
Est. Monthly
$6
HOA / Fees
4.75%
Cap Rate

About This Property

Cobblestone Cool! Rare opportunity for 5 bedrooms and 3.5 baths in this popular established neighborhood. Great natural light, real hardwood floors, new carpet throughout, freshly painted, new LED lighting.  Family room has built-ins and gas fireplace.  Flexible plan perfect for multi-generational living or home office/guest suite. Kitchen with gas range and SS appliances. Cozy breakfast nook. Huge .59 acre lot with beautiful hardwood trees. Deck overlooks flat backyard. Private and peaceful. Neighborhood sidewalks. Lovingly cared for by original owners. Adjacent to Carolina North Forest- 750 acres for hiking, running, biking. Minutes to downtown Carrboro. Walk to McDougal Elementary and McDougal Middle School. Walking distance to MLK Jr. Park and the Carrboro Community Garden. Ready to move in before the holidays!
Unit Size
2,383 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$273
Property Type
House
Property Taxes
$514
HOA Dues
$6
Year Built
1987

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2541660)

Price History

Date / Event Date Event Price
Dec 1, 2023 Sold
Sold
Nov 10, 2023 Listed by Local Market Realty, LLC $650,000
Listed by Local Market Realty, LLC
Aug 31, 1988 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1996
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 196
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 2,502
  • Gross Building Area: 3,708
  • Building Area: 2,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,502
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COBBLESTONE
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 26 PH 3 COBBLESTONE P47/178

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 010706

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 748/172
  • District: 7
  • Subdivision Phase Number: 3
  • Parcel: 9779-33-1611
  • Municipality: CHAPEL HILL
  • Latitude: 35.9307
  • Longitude: -79.0907

    Address

  • Full Address: 116 Cobblestone Dr
  • Legal Unit: 26
  • Address - House Number: 116
  • Address - Street Name: Cobblestone
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R021
  • 4-Digit Zip Code: 8737
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $616,703
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.0756
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 94
  • Final Value: 660,159
  • High Value: 710,084
  • Low Value: 610,235

    Market Valuation

  • Market Total Value: $362,400
  • Market Land Value: $100,000
  • Market Improvement Value: $262,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,400
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $262,400

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Dec 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30096456
  • Previous Sale Recording Date: Aug 31, 1988
  • Previous Sale Contract Date: Aug 31, 1988
  • Previous Sale Amount: $134,800
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cobblestone


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 310 Davie Road, Carrboro, NC, 27510

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,650 ft²
310 Davie Road, Carrboro, NC, 27510 Listing by Andrew Bennett
Unit for rent at 320 Davie Road, Carrboro, NC, 27510

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,650 ft²
320 Davie Road, Carrboro, NC, 27510 Listing by Andrew Bennett


Frequently Asked Questions

When was property at 116 Cobblestone Drive built and last sold?
The property at 116 Cobblestone Drive was built in 1987 and last sold on Nov 29, 2023 for $725,000.
How much is this home worth?
The estimated value of the home located at 116 Cobblestone Drive is $664,041.
What are some comparable homes to 116 Cobblestone Drive?
There are currently no comparable homes to 116 Cobblestone Drive.