NOT LISTED FOR SALE

306 Oak Tree Dr Unit 306 Chapel Hill, NC 27517

The Oaks Neighborhood

Estimated Value: $284,000 - $363,000

2 Beds
2 Baths
1,150 Sq Ft
$369/mo HOA Fee

Last Sold March 16, 2022

Last sale price $290,000 $252 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,289/month

4 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Living Room
  • Rashkis Elementary School Rated A
  • Community Pool
  • Entrance Foyer

About This Home

As of March 2022

Popular Oaks Condos! Very nice home for either investors or first time buyers. Spacious sunny living room with fireplace. Dinning room features decorative brick. Two good sized bedrooms. Private balcony overlooks pool. New HVAC unit. Quiet location in the complex but with easy access to UNC, RTP & shopping.Convenient to bus line.

Last Agent to Sell the Property

michael Shulman

Preferred Realty Services LLC License #264203 Listed on: 02/10/2022

Last Buyer's Agent

Shenandoah Nieuwsma

Compass -- Chapel Hill - Durham License #293305

Compass -- Chapel Hill - Durham

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 436

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Laundry in Kitchen

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • The Oaks Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$369 per month

Listing Details

  • Year Built: 1974
  • Prop. Type: Residential
  • Subdivision Name: The Oaks Condos
  • Above Grade Finished Sq Ft: 1150.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Above Grade Unfinished Area: 103.0
  • General Property Information Total Unfinished Area2: 103.0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • General Property Information Above Grade Finished Area: 1150.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 435.6
  • General Property Information Lot Size Acres: 0.01
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Entrance Foyer
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 2nd Floor
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Kitchen: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.01
  • Construction Type: Brick
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 369.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 369.0
  • 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

  • Zoning: res
  • Lot Size Sq Ft: 435.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 269402.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 10, 2022
Sold by
Charles S And Colette G Gordon Living Tr
Bought by
Thorblu Llc
Seller's Agent
michael Shulman
Preferred Realty Services LLC
Buyer's Agent
Shenandoah Nieuwsma
Compass -- Chapel Hill - Durham
List Price
$265,000
Sold Price
$290,000
Premium/Discount to List
$25,000
9.43%
Current Estimated Value
$317,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,628
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
Mar 30, 2012
Sold by
Deshon Margaret S
Bought by
Gordon Charles S and Gordon Collette S

Purchase Details

Closed on
Jun 30, 2005
Sold by
Reid Jeffrey Paul
Bought by
Deshon Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
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
Thorblu Llc $290,000 None Listed On Document
Gordon Charles S $129,500 None Available
Deshon Margaret S $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deshon Margaret S $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $290,000 -- --
03/16/2022 03/16/22 Sold $290,000 +9.4% $252 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $265,000 -8.6% $230 / Sq Ft
02/14/2022 02/14/22 Off Market $290,000 -- --
02/10/2022 02/10/22 For Sale $265,000 -- $230 / 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 $2,915 $164,200 $0 $164,200
2023 $2,841 $164,200 $0 $164,200
2022 $2,728 $164,200 $0 $164,200
2021 $2,694 $164,200 $0 $164,200
2020 $2,468 $140,200 $0 $140,200
2018 $252 $140,200 $0 $140,200
2017 $745 $140,200 $0 $140,200
2016 $2,492 $144,957 $42,098 $102,859
2015 $966 $144,957 $42,098 $102,859
2014 $255 $144,957 $42,098 $102,859
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2022

    michael Shulman

    Preferred Realty Services LLC

    Section Image
  • Shenandoah Nieuwsma

    Buyer's Agent in 2022

    Shenandoah Nieuwsma

    Compass -- Chapel Hill - Durham

    (919) 428-3552

    4 in this area

    127 Total Sales

    Shenandoah Nieuwsma
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2430824

Doorify MLS

APN: 9798451394.022

North Carolina Orange County Chapel Hill 27517 The Oaks

306 Oak Tree Dr Unit 306, Chapel Hill, NC

This home is located at 306 Oak Tree Dr Unit 306, Chapel Hill, NC 27517 since 10 February 2022 and is currently estimated at $317,628, approximately $276 per square foot. This property was built in 1974. 306 Oak Tree Dr Unit 306 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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