Alabama Ave and WeatherHill Point

I want to blog about two different homes today. 201 Alabama Ave and 121 WeatherHill Point.

201 Alabama Ave popped up on the MLS this afternoon. For those who do not know, Alabama Ave is the last right you can make off of Jones Ferry Rd (from downtown Carrboro) before the ramp onto 54 west. It is a very small home (900 sq ft) 2bed/ 1bath/and an office, listed at $139,000. I immediately called to go preview this home, but home was not ready to be shown. Still, if this house is in good condition, this could be a very rare opportunity for someone to own a detached home under 150K in Carrboro.

121 WeatherHill Point is a home that has been on the market for more than 130 days. Listed at $189,900 it has 3bed/2bath, first floor master, great floor plan (mudroom and cathedral ceilings, and a nice neighborhood (very close to the Chapel Hill Tennis Club for you tennis lovin' people). So why has it been on the market so long?

Perhaps it is just one of those poor homes that got a bad reputation because it didn't sell right away, or maybe it was priced too high when it first came on the MLS. But my guess is the fact the Residential Property Disclosure Statement says it may or may not be in a Flood Plain. 'Flood Plain' can be scary words to a prospective buyer. They are not always bad as there are a number of homes in downtown Carrboro that are in a flood plain. If you are reading this and don't understand the basics behind a flood plain, then call me ASAP. It is something you should be know about.