NOT LISTED FOR SALE

1003 Oak Tree Dr Unit 1003 Chapel Hill, NC 27517

The Oaks Neighborhood

Estimated Value: $290,000 - $340,000

2 Beds
2.5 Baths
1,133 Sq Ft
$435/mo HOA Fee

Last Sold June 06, 2024

Last sale price $300,000 $265 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,327/month

4 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool
  • Rashkis Elementary School Rated A
  • Wood Flooring
  • Cooling Available

About This Home

As of June 2024

This stylish Oaks Condo is is just minutes away from UNC, fully renovated, wood floors throughout in the rooms, smooth ceilings, a modern kitchen equipped with glass cabinet doors and stainless appliances. Two spacious bedrooms upstairs, 2 1/2 baths with tile floor, and fully customizable closets with shelves. Walk to nearby restaurants and shops, or take a short trip to Meadowmont Village, less than a mile away. It's close to campus and conveniently located on the bus line. Move in ready and start enjoying the vibrant lifestyle this home offers! The washer, dryer, and refrigerator are included.

Last Agent to Sell the Property

Joy Yin

XYZ Home Solutions License #229392 Listed on: 05/24/2024

Last Buyer's Agent

Stephanie Ross

Inhabit Real Estate License #338651

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,016

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Two or More Common Walls
  • Fenced

HOA Fees

  • $435 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,133 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Rain Gutters

Schools

  • Rashkis Elementary School
  • Grey Culbreth Middle School
  • East Chapel Hill High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9798451394.062

Community Details

Overview

  • Association fees include ground maintenance, sewer, trash, water
  • The Oaks Owner Association, Phone Number (919) 403-1400
  • The Oaks Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,016

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Year Built: 1974
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water
  • Subdivision Name: The Oaks Condos
  • Above Grade Finished Sq Ft: 1133.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 9194031400
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 435.0
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1133.0
  • Fencing Fenced: Yes
  • Room Types Primary Bathroom Level: Second
  • Cooling Ceiling Fan(s): Yes
  • Property Condition UpdatedRemodeled: Yes
  • Disclosures Lead Based Paint: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Exhaust Fan, Refrigerator, Washer/Dryer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:WasherDryer: Yes
  • Appliances:Exhaust Fan: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage
  • Fencing: Fenced
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: 2+ Common Walls
  • Construction Type: Concrete, Frame, Wood Siding
  • Foundation Details: Concrete, Slab
  • Patio And Porch Features: Patio
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Storage2: Yes
  • Construction Materials:Concrete2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Assigned
  • Total Parking Spaces: 1.0
  • Parking Features:Assigned: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool
  • Association Fee: 435.0
  • Association Fee Frequency: Monthly
  • Association Name: The Oaks Owner Association
  • Phone: 919-403-1400
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: The Oaks Owner Association
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 435.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Grey Culbreth

Lot Info

  • Parcel #: 9798451394.062

Tax Info

  • Tax Annual Amount: 3016.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
May 31, 2024
Sold by
Vummalaneni Rupa M and Ellingsen Oyvind Mortveit
Bought by
Kang George Q and Chen Ji
Seller's Agent
Joy Yin
XYZ Home Solutions
Buyer's Agent
Stephanie Ross
Inhabit Real Estate
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%
Views
19
Current Estimated Value
$309,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,467
Avg. Annual Appreciation
3.75%

Purchase Details

Closed on
Jul 26, 2019
Sold by
Simpson Christina E
Bought by
Vummalaneni Rupa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2010
Sold by
Goswani Amanda Singer and Goswami Krishna K
Bought by
Simpson Christina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Graves Sandra Charita
Bought by
Singer Amanda Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,675
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kang George Q $300,000 None Listed On Document
Vummalaneni Rupa M $175,000 None Available
Simpson Christina E $152,000 None Available
Singer Amanda Lynn $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vummalaneni Rupa M $140,000
Previous Owner Simpson Christina E $136,800
Previous Owner Singer Amanda Lynn $110,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $300,000 +5.3% $265 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $285,000 -- $252 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,095 $175,100 $0 $175,100
2023 $3,016 $175,100 $0 $175,100
2022 $2,895 $175,100 $0 $175,100
2021 $2,859 $175,100 $0 $175,100
2020 $2,489 $141,500 $0 $141,500
2018 $2,426 $141,500 $0 $141,500
2017 $2,645 $141,500 $0 $141,500
2016 $2,645 $154,665 $42,098 $112,567
2015 $2,645 $154,665 $42,098 $112,567
2014 $2,586 $154,665 $42,098 $112,567
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joy Yin

    XYZ Home Solutions

    1 in this area

    22 Total Sales

    Joy Yin
    Section Image
  • Stephanie Ross

    Buyer's Agent in 2024

    Stephanie Ross

    Inhabit Real Estate

    (954) 648-6014

    1 in this area

    34 Total Sales

    Stephanie Ross
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10027693

Doorify MLS

APN: 9798451394.062

North Carolina Orange County Chapel Hill 27517 The Oaks

1003 Oak Tree Dr Unit 1003, Chapel Hill, NC

This home is located at 1003 Oak Tree Dr Unit 1003, Chapel Hill, NC 27517 since 24 May 2024 and is currently estimated at $309,467, approximately $273 per square foot. This property was built in 1974. 1003 Oak Tree Dr Unit 1003 is a home located in Orange County with nearby schools including Rashkis Elementary School, Culbreth Middle School, and East Chapel Hill High School.

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