NOT LISTED FOR SALE

500 Umstead Dr Unit 101 E Chapel Hill, NC 27516

Estimated Value: $186,000 - $198,641

3 Beds
2 Baths
1,212 Sq Ft
$269/mo HOA Fee

Last Sold December 17, 2024

Last sale price $182,222 $150 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,537/month

137 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Seawell Elementary School Rated A+
  • Luxury Vinyl Tile Flooring

About This Home

As of December 2024

**Move-In Ready Condition** - This three-bedroom, two-bathroom Bolinwood Condominium boasts new carpet throughout and freshly painted interiors. The spacious primary bedroom includes an ensuite full bath. The home features numerous updates: a new HVAC system (2021), a new hot water heater (2018), a new stove (2022), and new dishwasher and refrigerator (2024). Conveniently located on the city bus line, it offers easy access to Umstead Park, Bolin Creek walking trails, and nearby volleyball courts. Community amenities include a clubhouse, pool, laundry facilities, and tennis and basketball courts. HOA dues ($269.25/month) cover pool access, water, sewer, trash removal, and access to the community's onsite amenities.Property being sold :as is''

Last Agent to Sell the Property

Phil Patterson

Hodge&KittrellSothebysIntlRlty License #174625 Listed on: 11/07/2024

Hodge&KittrellSothebysIntlRlty

Last Buyer's Agent

Samuel Poindexter

Raleigh Realty Inc. License #326088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1972

HOA Fees

  • $269 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Seawell Elementary School
  • Smith Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • Association fees include insurance, ground maintenance, sewer, trash, water
  • Bolinwood Condominiums Association, Phone Number (888) 565-1226
  • Bolinwood Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9789014199.085

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,694

Year Built

Built in 1972

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water
  • Subdivision Name: Bolinwood Condominiums
  • Above Grade Finished Sq Ft: 1212.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Association Phone: (888-565-1226
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 269.25
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1212.0
  • Foundation Details Permanent: Yes
  • General Property Information:Living Area3: 1212.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Block, Permanent
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 269.25
  • Association Fee Frequency: Monthly
  • Association Name: Bolinwood Condominiums
  • Phone: 888-565-1226
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Bolinwood Condominiums
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: 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: 269.25
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel #: 9789014199.085

Tax Info

  • Tax Annual Amount: 1693.59
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Dec 3, 2024
Sold by
Jenkins Karen and Jenkins Ronald B
Bought by
Scarlets Lc Llc and Chen
Seller's Agent
Phil Patterson
Hodge&KittrellSothebysIntlRlty
Buyer's Agent
Samuel Poindexter
Raleigh Realty Inc.
List Price
$189,999
Sold Price
$182,222
Premium/Discount to List
-$7,777
-4.09%
Views
34
Current Estimated Value
$194,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,938
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Apr 13, 2017
Sold by
Jewel D Cecil
Bought by
Aung Shin and Saw Hannity

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,421
Interest Rate
4.08%

Purchase Details

Closed on
Jun 17, 2013
Sold by
Siena Holdings Llc
Bought by
Jenkins Karen and Jenkins Ronald B

Purchase Details

Closed on
Sep 6, 2007
Sold by
Lopez Finn Ramona and Finn William
Bought by
Siena Holdings Llc

Purchase Details

Closed on
May 29, 2007
Sold by
Nadolskv Spencer Alan
Bought by
Lopez Finn Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Residential Services Inc
Bought by
Nadolsky Spencer Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scarlets Lc Llc $182,500 None Listed On Document
Scarlets Lc Llc $182,500 None Listed On Document
Aung Shin -- --
Jenkins Karen $75,000 None Available
Siena Holdings Llc -- None Available
Lopez Finn Ramona $77,500 None Available
Nadolsky Spencer Alan $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aung Shin $261,421
Previous Owner Aung Shin --
Previous Owner Lopez Finn Ramona $69,750
Previous Owner Nadolsky Spencer Alan $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $182,222 -4.1% $150 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $189,999 0.0% $157 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $189,999 -9.5% $157 / Sq Ft
06/28/2024 06/28/24 For Sale $210,000 -- $173 / 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 $2,973 $215,700 $0 $215,700
2024 $1,940 $105,500 $0 $105,500
2023 $1,940 $105,500 $0 $105,500
2022 $1,820 $105,500 $0 $105,500
2021 $1,799 $105,500 $0 $105,500
2020 $1,410 $75,000 $0 $75,000
2018 $1,371 $75,000 $0 $75,000
2017 $1,465 $75,000 $0 $75,000
2016 $1,465 $81,580 $24,356 $57,224
2015 $150 $81,580 $24,356 $57,224
2014 -- $81,580 $24,356 $57,224
Source: Public Records

Agents Affiliated with this Home

  • Phil Patterson

    Seller's Agent in 2024

    Phil Patterson

    Hodge&KittrellSothebysIntlRlty

    (919) 302-5260

    27 Total Sales

    Phil Patterson
    Section Image
  • Samuel Poindexter

    Buyer's Agent in 2024

    Samuel Poindexter

    Raleigh Realty Inc.

    (919) 443-0967

    42 Total Sales

    Samuel Poindexter
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10038367

Doorify MLS

APN: 9789014199.085

North Carolina Orange County Chapel Hill 27516

500 Umstead Dr Unit 101 E, Chapel Hill, NC

Not Listed for Sale

Condos

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