Investors< take a good look at this property ,.77 acres located approximately .6 miles to the intersection of East Franklin St. and Columbia St. in the heart of Chapel Hill N.C.and the UNC Campus. The Town of Chapel Hill wants new housing, and The Land Use Management Ordinance (LUMO)has incentives for new affordable housing. The subject property is in a R 4 zoning area and could yield 5/10 or more housing units. Think about that, new housing that is walking distance to Franklin St, UNC campus, shopping, and restaurants. There is a rental home on the property along with two storage buildings being sold as is. Do not disturb tenants, Property is a redevelopmeproperty.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker - HPW
Office Phone: (919) 960-6300
Listing Agent: Tommy L Watts
Exterior Features
Exterior Information:
View: Other
Exterior: Back Fence
Lot Features
Lot Information:
Lot: See Remarks
Lot Size: 0.77 Acres
School Info
Assigned Schools Information:
East Chapel Hill High School, Public District Grades 9-12
Phillips Middle School, Public District Grades 6-8
Northside Elementary School, Public District Grades PK-5
Carrboro Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From East Franklin St. ,North on Columbia /MLK BLVD,Just befor Hillsborough St , Bolin Heights will be 0n your right Adjacent to Mill Creek Condos.From I 40,take NC 86 /MLK BLVD South ,just past the stop light at Hillsbourgh St., Bolin Heights will be on your left
Price Information
Listing Price Info
Price Summary:
List Price: $1,450,000
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Housing Market Comparison
See how this home compares to others in Chapel Hill, NC.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
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Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Northside Elementary School
350 Caldwell Ext
Distance between this listing and this school0.64 miles
Public District Grades PK-5
8
/10
Carrboro Elementary School
400 Shelton St
Distance between this listing and this school1.47 miles
Public District Grades PK-5
Middle School
7
/10
Phillips Middle School
606 N Estes Dr
Distance between this listing and this school1.00 miles
Public District Grades 6-8
High School
8
/10
East Chapel Hill High School
500 Weaver Dairy Rd
Distance between this listing and this school2.98 miles
Public District Grades 9-12
Assigned Schools
5
/10
Northside Elementary School
350 Caldwell Ext
Distance between this listing and this school0.64 miles
Public District Grades PK-5
8
/10
Carrboro Elementary School
400 Shelton St
Distance between this listing and this school1.47 miles
Public District Grades PK-5
Nearby Schools
6
/10
Estes Hills Elementary School
500 N Estes Dr
Distance between this listing and this school1.09 miles
Public District Grades KG-5
Assigned Schools
7
/10
Phillips Middle School
606 N Estes Dr
Distance between this listing and this school1.00 miles
Public District Grades 6-8
Nearby Schools
6
/10
Smith Middle School
9201 Seawell School Rd
Distance between this listing and this school1.89 miles
Public District Grades 6-8
5
/10
Culbreth Middle School
225 Culbreth Rd
Distance between this listing and this school2.39 miles
Public District Grades 6-8
Assigned Schools
8
/10
East Chapel Hill High School
500 Weaver Dairy Rd
Distance between this listing and this school2.98 miles
Public District Grades 9-12
Nearby Schools
8
/10
Chapel Hill High School
1709 High School Rd
Distance between this listing and this school2.17 miles
Public District Grades 9-12
7
/10
Carrboro High School
201 Rock Haven Rd
Distance between this listing and this school2.76 miles
The neighbors living near this home have an average income of $20,041. Most Chapel Hill, NC residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have masters degree education.
All data provided by Home Junction and Claritas
Living In Chapel Hill, NC
Types of housing in Chapel Hill, NC.
The population residing in Chapel Hill is evenly split between renters and owners. Single detached homes are the most common housing type, representing roughly 40% of dwellings in this town, and the remainder are mainly large apartment buildings, small apartment buildings, and townhouses. The median year of construction for properties in this town is 1983. This town has a good selection of unit sizes, ranging from lofts to four or more bedrooms.
What is it like to live in Chapel Hill, NC?
Chapel Hill is reasonably quiet overall, as the streets tend to be peaceful - however noise can be an issue near the airport (Horace Williams Airport) or the railway line.
Is it easy to get around Chapel Hill, NC without a car?
Getting to one of around 30 grocery stores on foot is possible for some, but not all, home buyers in this town. There are also a few opportunities for those who appreciate restaurants and cafes in close proximity. With regards to education, locals may consider it challenging to get to high schools and primary schools as pedestrians. At the elementary level, both public and private schools can be found.
Transportation in Chapel Hill, NC.
Driving is a great medium of transportation in this town. It is especially convenient to park. However, this town is not very transit friendly. Nevertheless, homeowners have access to about 40 bus lines, and bus stops are not very far away from most houses. A majority of the homes for sale in this town are located in areas that are not very convenient for walking since few daily errands can be run on foot.
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Frequently Asked Questions About 4 Bolin Hts
What is the listing price of this property?
The listing price of 4 Bolin Hts property is $1,450,000.
What type of property is this?
The property 4 Bolin Hts is land located in Chapel Hill, North Carolina, 27514.
Is this property for sale now?
Active Listing: 4 Bolin Hts is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4 Bolin Hts are: Northside Elementary School: GreatSchools Rating 5/10Carrboro Elementary School: GreatSchools Rating 8/10Phillips Middle School: GreatSchools Rating 7/10East Chapel Hill High School: GreatSchools Rating 8/10
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This home is located at 4 Bolin Hts in Chapel Hill, NC and zip code 27514. This home sits on a 0.77 acre lot. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $1,450,000.
In February 2024, from all listings sold in Chapel Hill, NC there were more than 17 sold above asking price, over 36 sold below and more than 16 were sold right at the asked price. The number of homes for sale in Chapel Hill, NC increased by 13.9% between January 2024 and February 2024. Listings spent 85 days on the market in February 2024, and had a median list price of $649,948 during the same period.
From Rocket Homes Real Estate and based on county public records data.