ATTENTION INVESTORS * Adorable bungalow close to UNC campus and Franklin Street * 3 BR's each with Full Bath * Hardwoods * Ceiling Fans * Spacious sunny kitchen * Private Deck and Patio * Very efficient use of space * Refrigerator * Stack W/ D * Nice size Living Room * On the Free CH Busline * Excellent investment *
Beautiful three bedroom, three full bath cottage updated in 2000. Walk to UNC and town. Hardwood floors throughout 2 bedrooms and living area. Tile bathrooms, eat-in kitchen. Metal roof. Patio and deck areas. Refrigerator, stove, stack washer/dryer, and window treatments convey. Excellent investment property with great rental history.
TMLS #1692116
Mar 12, 2010
Sold
$190,000
$183/sq ft
Feb 28, 2010
Listing Removed
—
Oct 26, 2009
Listed
$235,000
$227/sq ft
ATTENTION INVESTORS * Adorable bungalow close to UNC campus and Franklin Street * 3 BR's each with Full Bath * Hardwoods * Ceiling Fans * Spacious sunny kitchen * Private Deck and Patio * Very efficient use of space * Refrigerator * Stack W/ D * Nice size Living Room * On the Free CH Busline * Excellent investment *
TMLS #929044
Oct 24, 2007
Listing Removed
—
May 1, 2007
Listed
$259,000
$250/sq ft
Public Records
Nov 14, 2002
Sold
$157,000
$151/sq ft
Public Records
Jan 14, 2002
Sold
$150,000
$145/sq ft
TMLS #575912
Mar 30, 2001
Sold
$149,900
$145/sq ft
Feb 9, 2001
Listing Removed
—
Dec 1, 2000
Listed
$149,900
$145/sq ft
Public Records
Dec 17, 1993
Sold
$36,000
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,028 (+26.5%)
$180,000 + $116,200
$296,200
2024
$3,185 (+2.6%)
$82,800 + $97,300
$180,100
2023
$3,103 (+4.2%)
$82,800 + $97,300
$180,100
2022
$2,979 (+1.3%)
$82,800 + $97,300
$180,100
2021
$2,942 (−7.1%)
$82,800 + $97,300
$180,100
2020
$3,167
$105,000 + $78,100
$183,100
2019
$3,167 (+2.5%)
$105,000 + $78,100
$183,100
2018
$3,090 (+2.1%)
$105,000 + $78,100
$183,100
2017
$3,026 (+10.8%)
$105,000 + $78,100
$183,100
2016
$2,731
$105,000 + $78,100
$183,100
2015
$2,731 (+1.6%)
$59,981 + $99,737
$159,718
2014
$2,688 (+1.8%)
$59,981 + $99,737
$159,718
2013
$2,639 (+1.8%)
$59,981 + $99,737
$159,718
2011
$2,593 (+0.2%)
$59,981 + $99,737
$159,718
2010
$2,588
$59,981 + $99,737
$159,718
Tax history for 516 S Merritt Mill Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,028 (+26.5%)
$180,000 + $116,200
$296,200
2024
$3,185 (+2.6%)
$82,800 + $97,300
$180,100
2023
$3,103 (+4.2%)
$82,800 + $97,300
$180,100
2022
$2,979 (+1.3%)
$82,800 + $97,300
$180,100
2021
$2,942 (−7.1%)
$82,800 + $97,300
$180,100
2020
$3,167
$105,000 + $78,100
$183,100
2019
$3,167 (+2.5%)
$105,000 + $78,100
$183,100
2018
$3,090 (+2.1%)
$105,000 + $78,100
$183,100
2017
$3,026 (+10.8%)
$105,000 + $78,100
$183,100
2016
$2,731
$105,000 + $78,100
$183,100
2015
$2,731 (+1.6%)
$59,981 + $99,737
$159,718
2014
$2,688 (+1.8%)
$59,981 + $99,737
$159,718
2013
$2,639 (+1.8%)
$59,981 + $99,737
$159,718
2011
$2,593 (+0.2%)
$59,981 + $99,737
$159,718
2010
$2,588
$59,981 + $99,737
$159,718
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
3,920
Year renovated
2018
Sq. Ft.
1,037
Year built
1948
Style
Single Family Residential
County
Orange County
APN
9788048324
Parking Spaces
4
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Oct 17, 2018.
R-3
CD-4
Residential Districts
The residential districts are intended to provide for residential development of appropriate intensities consonant with the suitability of land, availability of public services, accessibility to major activity centers and transportation systems, and compatibility with surrounding development.
Zone overlays
Pine Knolls Neighborhood Conservation District
Property details
Parking
Parking Information
Parking Features: Driveway, Gravel
Interior
Bathroom Information
Bathrooms Full: 3
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Dishwasher, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
Laundry Features: Laundry Closet, Main Level
Interior Features: Ceiling Fan(s), Eat-in Kitchen
Flooring: Hardwood, Vinyl
Room Information
Crawl Space
Exterior
Building Information
Construction Materials: Asbestos
Building Area Total: 1037.0
Structure Type: Site Built
Exterior Features
Patio and Porch Features: Deck
Exterior Features: Fenced Yard
Property information
Above Grade Finished Area: 1037.0
Below Grade Finished Area: 0.0
Levels: One
Ownership Type: Other
Lot Information
Lot Size Acres: 0.09
Lot Size Area: 0.09
Lot Size Dimensions: SEE PLAT
Lot Size Square Feet: 3833.28
Lot Size Units: Acres
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Utilities: Cable Available
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: Yes
Association Fee Includes: Unknown
School Information
Elementary School: CH/Carrboro - FP Graham
Middle Or Junior School: CH/Carrboro - Grey Culbreth
High School: CH/Carrboro - Chapel Hill
Location Information
County Or Parish: Orange
Directions: From Bypass 54 West take Merritt Mill Road exit. Right at the stop sign onto Merritt Mill Road. House on the left just before Cameron Avenue intersection.
Latitude: 35.905293
Longitude: -79.064275
Postal Code: 27516
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,037
Stories: 1.0
Parking Spaces: 4
Basement: No
Accessible: No
Lot Size: 3,920 square feet
Style: Single Family Residential
Year Built: 1948
Year Renovated: 2018
County: Orange County
APN: 9788048324
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Oct 17, 2018
Other
hidden custom fields
Laundry Closet, Main Level
Listing Date Information
Contract Status Change Date: 2010-03-12
Photos Change Timestamp: 2023-09-15T17:47:06Z
Around this home
Schools
Northside Elementary School
Public PreK-5 • Assigned • 0.9mi
4/10
McDougle Middle School
Public 6-8 • Assigned • 2.5mi
9/10
Chapel Hill High School
Public 9-12 • Assigned • 2.9mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Chapel Hill, NC • 27516
Average low and high temperatures (°F)
48
27
54
34
69
43
76
52
78
57
89
66
90
71
81
66
80
60
69
50
64
43
52
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$398,000 – $482,000
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