About this home

This 2 bed, 1 bath condo offers 850 sqft of living space at 1513 E Franklin St Unit 114 in Chapel Hill, NC. Listed at $230,000 ($271/sqft). The property sits in the Raleigh-Durham area of NC.

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Property details

Price: $230,000
Bedrooms: 2
Bathrooms: 1
Interior: 850 sqft
Price / sqft: $271
Type: Condo
Est. property tax: $1,886/yr · $157/mo · 0.82% NC avg

Estimated monthly payment

Down payment20% ($46,000)

Interest rate6.75%

Principal & Interest$1,193

Property Tax$211

Insurance$150

Total$1,554/mo

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Location

This home is located in Chapel Hill, NC, in the Raleigh-Durham area. Browse more Chapel Hill listings on the Chapel Hill market page or explore the full Chapel Hill market report.

About Chapel Hill: Chapel Hill is a town in the counties of Orange and Durham, North Carolina, United States. Its population was 61,960 in the 2020 United States census, making Chapel Hill the 17th-most populous municipality in the state. Chapel Hill and Durham make up the Durham–Chapel Hill, NC Metropolitan Statistical Area, which had an estimated population of 608,879 in 2023. When it is combined with Raleigh, the state capital, they make up the corners of the Research Triangle, which had an estimated population of 2,368,947 in 2023. (source: Wikipedia)

Climate: Average year-round temperature is 62°F with 225 dry days per year and 43.7 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 27514)

This neighborhood skews young (median age 23.8). 30% hold a bachelor's degree; 52% of homes are owner-occupied; median household income is $97,511.

Median income: $97,511
Median age: 23.8
Owner-occupied: 52.1%
Bachelor's degree: 29.9%
Census median home value: $592,900

Source: US Census Bureau American Community Survey 5-year estimates.

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$230,000

1513 E Franklin St Unit 114, Chapel Hill, NC