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206 Old Franklin Grove Drive

206 Old Franklin Grove Drive, Chapel Hill, NC 27514
Townhouse in Franklin Grove
206 Old Franklin Grove Drive in Chapel Hill, NC was first built in 2005 and is 19 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 3 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 206 Old Franklin Grove Drive has 3,578 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,920 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a attached garage. The garage is 405 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 206 Old Franklin Grove Drive was last sold in Oct 2, 2019 for $790,000. According to our calculations, that's $220.79 per sqft. Prior to that sales transaction, the property was sold for $682,500 in Nov 18, 2005. Current property owners are expected to pay $12,202 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 206 Old Franklin Grove Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $746,500. To break that down further, the land itself was valued at $225,000. While improvements to the property were assessed at a total of $521,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190830 Unit 16C
08/30/2019
16C
4 Bed
3.5 Bath
3558 ft²
$785,000
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
3558 ft²
-
-
-
-
20190220
02/20/2019
4 Bed
4 Bath
3558 ft²
$825,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3558 ft²
$790,000 -4.24%
10/18/2019
Tony Hall

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2010
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 405
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 3,578
  • Gross Building Area: 5,660
  • Building Area: 3,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,578
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANLIN GROVE
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 16C FRANLIN GROVE P92/20

Ownership

  • Current Owner : TRAUTMAN ERICH
  • Current Owner 2: TRAUTMAN MARGARET CAROLINE LINDSEY
  • Previous Owner : LORENZ RENE
  • Previous Owner 2: LORENZ MARY KATHRYN
  • Owner Before Previous Owner: CAPKOV VENTURES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011902

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 3916/512
  • District: 7
  • Parcel: 9799-15-4891
  • Municipality: CHAPEL HILL
  • Latitude: 35.9366
  • Longitude: -79.0288

    Address

  • Full Address: 206 Old Franklin Grove Dr
  • Legal Unit: 16C
  • Address - House Number: 206
  • Address - Street Name: Old Franklin Grove
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C032
  • 4-Digit Zip Code: 5897
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,202
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 80
  • Final Value: 1,165,550
  • High Value: 1,347,463
  • Low Value: 983,638

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $570,685
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Oct 18, 2019
  • First Open Lien Mortgage Loan Amount: $290,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049
  • Second Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Feb 14, 2022
  • Second Open Lien Mortgage Loan Amount: $280,685
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Market Valuation

  • Market Total Value: $746,500
  • Market Land Value: $225,000
  • Market Improvement Value: $521,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $746,500
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $521,500

    Sales

  • Current Sale Contract Date: Oct 02, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Transaction ID: 11665103689
  • Current Sale Price: $790,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30009479
  • Previous Sale Recording Date: Nov 18, 2005
  • Previous Sale Contract Date: Nov 18, 2005
  • Previous Sale Amount: $682,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Oct 18, 2019
  • First Mortgage Loan Amount: $290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 18, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $359,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Franklin Grove



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Nearby Rentals

Unit for rent at

$1,999 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,876 ft²
Listing by Philip Guin
Unit for rent at

$1,980 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,500 ft²
Listing by Manager
Unit for rent at

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,052 ft²
Listing by Manager
Unit for rent at

$2,000 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$2,000 /mo

  • 2 Beds
  • 2 Baths
Listing by Manager
Unit for rent at

$2,300 /mo

  • 2 Beds
  • 2 Baths
Listing by Manager
Unit for rent at

$1,995 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,040 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 206 Old Franklin Grove Drive located in?
The 206 Old Franklin Grove Drive is a townhouse located in the neighborhood of Franklin Grove in Franklin Grove, Chapel Hill.
What is the average sales price for listings in 206 Old Franklin Grove Drive?
The average sales price for units in 206 Old Franklin Grove Drive is $785,000 , or $221/sqft. currently.

Nearby Counties
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