$283,000 - $305,119
RENTED MAR 15, 2025

1203 Oak Tree Dr Chapel Hill, NC 27517

The Oaks Neighborhood
2 Beds
2.5 Baths
1,142 Sq Ft
1 Acres

Last Sold December 03, 2024

Last sale price $288,000 $252 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,820/month

Highlights

  • Clubhouse
  • No HOA
  • Living Room
  • Rashkis Elementary School Rated A
  • Fireplace
  • Tile Flooring

About This Home

As of March 2025

Discover the perfect blend of convenience and comfort in this charming condo located in the heart of Chapel Hill. Featuring two spacious bedrooms and numerous updates, this home is just steps away from local restaurants and shopping. Enjoy the outdoor deck in the back of the house, which overlooks the 14th Tee of Chapel Hill Country Club. Only 1.7 miles from UNC Chapel Hill, it's an ideal spot for students, professionals, or anyone looking to enjoy all that Chapel Hill has to offer.

Last Agent to Rent the Property

Thomas Galletta

RE/MAX United License #351079 Listed on: 01/21/2025

RE/MAX United

Last Renter's Agent

Thomas Galletta

RE/MAX United License #351079 Listed on: 01/21/2025

RE/MAX United

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 1974

Lot Details

  • 1

Interior Spaces

  • 1,142 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Dining Room
  • Laundry in unit

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,850
  • Property Available on 1/19/25
  • Tenant pays for cable TV, electricity, gas, hot water
  • The owner pays for association fees, sewer, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 9798-45-1394.076

Community Details

Overview

  • No Home Owners Association
  • The Oaks Condos Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,958

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Sewer, Trash Collection, Water
  • Available Date: 2025-01-19

Listing Details

  • Year Built: 1974
  • Prop. Type: Residential Lease
  • Subdivision Name: The Oaks Condos
  • Above Grade Finished Sq Ft: 1142.0
  • Unit Levels: Two
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Dining Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-01-19
  • Contract Information Security Deposit2: 1850.0
  • General Property Information Above Grade Finished Area: 1142.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Community Features:Clubhouse2: Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Guest
  • Parking Features:Assigned: Yes
  • Parking Features:Guest: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse
  • HOA Rent Includes: Sewer, Trash Collection, Water
  • Association: No
  • Fees Pet Deposit: 500.0

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 9798-45-1394.076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 2, 2024
Sold by
Peng Xianlu and Jiang Jun
Bought by
Horwitz Avraham and Horwitz Efrat
Seller's Agent
Nate Howard
Howard Group Real Estate LLC
Buyer's Agent
Susan Lamb-Tonnemacher
RE/MAX United
List Price
$300,000
Sold Price
$288,000
Premium/Discount to List
-$12,000
-4%
Views
54
Current Estimated Value
$295,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,280
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
May 18, 2017
Sold by
Waters Smith Raymond Dewitt and Waters Smith Judy
Bought by
Peng Xianlu and Jiang Jun

Purchase Details

Closed on
Mar 14, 2013
Sold by
Vanstory Virginia Bell
Bought by
Waters Smith Raymond Dewitt and Waters Smith Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Horwitz Avraham $288,000 None Listed On Document
Horwitz Avraham $288,000 None Listed On Document
Peng Xianlu $158,000 None Available
Waters Smith Raymond Dewitt $141,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waters Smith Raymond Dewitt $112,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2025 03/15/25 Rented $1,850 0.0% --
03/13/2025 03/13/25 Under Contract -- -- --
01/21/2025 01/21/25 For Rent $1,850 0.0% --
12/03/2024 12/03/24 Sold $288,000 -4.0% $252 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $300,000 -- $263 / 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 $2,958 $166,800 $0 $166,800
2023 $2,883 $166,800 $0 $166,800
2022 $2,768 $166,800 $0 $166,800
2021 $2,733 $166,800 $0 $166,800
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

  • T

    Landlord's Agent in 2025

    Thomas Galletta

    RE/MAX United

    (919) 744-5007

    2 Total Sales

    Thomas Galletta
    Section Image

  • N

    Seller's Agent in 2024

    Nate Howard

    Howard Group Real Estate LLC

    1 in this area

    90 Total Sales

    Nate Howard
    Section Image
  • Susan Lamb-Tonnemacher

    Buyer's Agent in 2024

    Susan Lamb-Tonnemacher

    RE/MAX United

    (919) 656-5769

    1 in this area

    14 Total Sales

    Susan Lamb-Tonnemacher
    Section Image

  • S

    Buyer's Agent in 2024

    Susie Lamb-Tonnemacher

    Better Homes & Gardens Paracle

See All Agents

Map

Source: Doorify MLS

MLS Number: 10071929

Doorify MLS

APN: 9798451394.076

North Carolina Orange County Chapel Hill 27517 The Oaks

1203 Oak Tree Dr, Chapel Hill, NC

This home is located at 1203 Oak Tree Dr, Chapel Hill, NC 27517 since 21 January 2025 and is currently priced at $295,280. This property was built in 1974. 1203 Oak Tree Dr 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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