NOT LISTED FOR SALE

205 Oak Tree Dr Unit 205 Chapel Hill, NC 27517

The Oaks Neighborhood

Estimated Value: $289,000 - $321,000

2 Beds
2 Baths
1,112 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $215,000 $193 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,283/month

About This Home

As of August 2021

Spacious and bright first floor condo with 2 BRs, 2 Full BAs. Living Room w/ bookshelves & glass doors to Covered Patio & Storage. Lots of windows—all w/ 2" blinds. Bright Kitchen with large windows over the double SS sink; Elec range, DW, granite, fridge. Snack Bar Area plus sep Dining Area w/tall windows. Nearby clubhouse & pool. HOA also includes: Water, Sewer. All appliances convey. Very convenient to I-40, RTP. Easy commute to UNC & downtown Chapel Hill on the bus line. Shopping close-by.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Aug 10, 2021
Sold by
Beam Michael S and Beam Jan Metcalf
Bought by
Olson Andrew M and Rhoades Nicholas G
Seller's Agent
Steve Doyle
NewStone Realty, LLC
Buyer's Agent
Cindy Mcintyre
Coldwell Banker HPW
List Price
$199,500
Sold Price
$215,000
Premium/Discount to List
$15,500
7.77%
Current Estimated Value
$306,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,363
Avg. Annual Appreciation
8.83%

Purchase Details

Closed on
Jul 29, 1997
Bought by
Beam and Beam
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Olson Andrew M $215,000 None Available
Beam $216,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metcalf Michael S $77,925
Previous Owner Beam $96,000
Previous Owner Beam Michael S $99,000
Previous Owner Metcalf Michael S $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $215,000 -- --
08/16/2021 08/16/21 Sold $215,000 +7.8% $193 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $199,500 -- $179 / Sq Ft

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 $3,137 $177,600 $0 $177,600
2023 $3,056 $177,600 $0 $177,600
2022 $2,934 $177,600 $0 $177,600
2021 $2,715 $164,900 $0 $164,900
2020 $2,423 $136,700 $0 $136,700
2018 $2,362 $136,700 $0 $136,700
2017 $2,456 $136,700 $0 $136,700
2016 $2,456 $142,201 $42,098 $100,103
2015 $2,464 $142,201 $42,098 $100,103
2014 $2,414 $142,201 $42,098 $100,103
Source: Public Records

Agents Affiliated with this Home

  • Steve Doyle

    Seller's Agent in 2021

    Steve Doyle

    NewStone Realty, LLC

    (919) 622-6078

    1 in this area

    109 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Cindy Mcintyre

    Coldwell Banker HPW

    (919) 731-6101

    1 in this area

    103 Total Sales

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Map

North Carolina Orange County Chapel Hill 27517 The Oaks

205 Oak Tree Dr Unit 205, Chapel Hill, NC

This home is located at 205 Oak Tree Dr Unit 205, Chapel Hill, NC 27517 and is currently estimated at $304,352, approximately $273 per square foot. 205 Oak Tree Dr Unit 205 is a home located in Orange County with nearby schools including Rashkis Elementary School, Culbreth Middle School, and East Chapel Hill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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