RENTED OCT 24, 2025

151 Schultz St Unit 26C Chapel Hill, NC 27514

Estimated Value: $241,000 - $246,000

2 Beds
2 Baths
-- Sq Ft
436 Sq Ft Lot

Last Sold December 15, 2023

Last sale price $230,000

Est. 6% increase in value since last sale

Current estimated payment $1,542/month

Highlights

  • End Unit
  • No HOA
  • 1-Story Property
  • Estes Hills Elementary School Rated A
  • Patio
  • Luxury Vinyl Tile Flooring

About This Home

As of October 2025

Welcome home to this beautifully maintained 2-bedroom, 2-bathroom condominium located in the heart of Chapel Hill. Situated on a quiet street in the Kensington Trace community, this stylish unit offers convenience and comfort—ideal for professionals, graduate students, or anyone looking to enjoy everything Chapel Hill has to offer.

Step inside to find a bright, open-concept living space with hardwood floors, a fully equipped kitchen with updated appliances, and a private balcony perfect for morning coffee or evening relaxation. Both bedrooms feature spacious closets and natural light, while the modern bathrooms are designed for both style and function.

Enjoy in-unit laundry, central heating and air, and reserved parking. Community amenities include landscaped grounds, trails, and proximity to public transportation.

Located just minutes from UNC Chapel Hill, local shops, dining, and entertainment, this condo offers unbeatable access to all the vibrancy of downtown Chapel Hill while providing a peaceful retreat to call your own.

This property is offered for lease through Park Real Estate Management. Contact Broker Errin Humbert to schedule a tour. Applicants must have 650+ credit score and income 3x the monthly lease rate in order to qualify. $75 application fee per applicant. $100 per adult tenant onboarding fee.

Last Agent to Rent the Property

Nicole Galiger

Park Real Estate Management License #289671 Listed on: 09/02/2025

Park Real Estate Management

Last Renter's Agent

Nicole Galiger

Park Real Estate Management License #289671 Listed on: 09/02/2025

Park Real Estate Management

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • 1 Common Wall

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1-Story Property
  • Luxury Vinyl Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces
  • Parking Lot

Schools

  • Estes Hills Elementary School
  • Smith Middle School
  • East Chapel Hill High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,595
  • Property Available on 9/2/25
  • Tenant pays for all utilities
  • The owner pays for association fees, trash collection
  • 12 Month Lease Term
  • $75 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Kensington Trace Subdivision

Pet Policy

  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Trash Collection
  • Available Date: 2025-09-02

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Lease
  • Subdivision Name: Kensington Trace
  • Entry Level: 1
  • Unit Levels: One
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Common Walls End Unit: Yes
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-09-02
  • Contract Information Security Deposit2: 1595.0
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • General Property Information Lot Size Square Feet2: 435.6
  • General Property Information Lot Size Acres: 0.01
  • Pets Allowed:Number Limit: Yes
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Kitchen: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Fencing: None
  • Acres: 0.01
  • Common Walls: 1 Common Wall, End Unit
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Lot: Yes
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection
  • Association: No
  • Fees Application Fee: 75.0

Association/Amenities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 435.6
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 12, 2023
Sold by
Jamel P Lynch Jr Revocable Trust
Bought by
Noe Jerry L
Seller's Agent
Marilyn Bostick
Coldwell Banker HPW
Buyer's Agent
Craig Baxter
Waters Real Estate Brokerage
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Views
47
Current Estimated Value
$243,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,194
Avg. Annual Appreciation
2.79%

Purchase Details

Closed on
Aug 12, 2005
Sold by
Martin Philip L and Martin Vickie H
Bought by
Lynch Jamel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2004
Sold by
Lynch Jamel P
Bought by
Jamel P Lynch Jr Revocable Trust

Purchase Details

Closed on
Feb 22, 2002
Sold by
Goli Veeraindar and Goli Jean
Bought by
King Bobby W and Martin Philip L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Noe Jerry L $460 None Listed On Document
Noe Jerry L $460 None Listed On Document
Lynch Jamel P $95,000 --
Jamel P Lynch Jr Revocable Trust -- --
King Bobby W $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynch Jamel P $75,900
Closed Lynch Jamel P $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 Rented $1,450 0.0% --
10/04/2025 10/04/25 Price Changed $1,450 -6.5% --
09/18/2025 09/18/25 Price Changed $1,550 -2.8% --
09/02/2025 09/02/25 For Rent $1,595 0.0% --
12/16/2023 12/16/23 Off Market $235,000 -- --
12/15/2023 12/15/23 Sold $230,000 -2.1% $204 / Sq Ft View Prior Sale
11/22/2023 11/22/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $235,000 -- $208 / 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
2025 $3,220 $234,500 $0 $234,500
2024 $2,236 $123,500 $0 $123,500
2023 $2,182 $123,500 $0 $123,500
2022 $2,096 $123,500 $0 $123,500
2021 $2,071 $123,500 $0 $123,500
2020 $1,912 $106,300 $0 $106,300
2018 $1,862 $106,300 $0 $106,300
2017 $1,917 $106,300 $0 $106,300
2016 $1,917 $109,864 $8,858 $101,006
2015 $1,917 $109,864 $8,858 $101,006
2014 $1,859 $109,864 $8,858 $101,006
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2025

    Nicole Galiger

    Park Real Estate Management

    (919) 307-6242

    2 Total Sales

    Nicole Galiger
    Section Image
  • Errin Humbert

    Buyer Co-Listing Agent in 2025

    Errin Humbert

    Park Real Estate Management

    (919) 236-9551

    9 Total Sales

    Errin Humbert
    Section Image
  • Marilyn Bostick

    Seller's Agent in 2023

    Marilyn Bostick

    Coldwell Banker HPW

    (919) 435-7224

    14 Total Sales

    Marilyn Bostick
    Section Image

  • C

    Buyer's Agent in 2023

    Craig Baxter

    Waters Real Estate Brokerage

    (919) 593-4439

    41 Total Sales

    Craig Baxter
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10119164

Doorify MLS

APN: 9880567003.078

North Carolina Orange County Chapel Hill 27514

151 Schultz St Unit 26C, Chapel Hill, NC

Not Listed for Sale

Condos

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