500 Umstead Dr Unit 102 Chapel Hill, NC 27516
3
Beds
2
Baths
1,212
Sq Ft
$243/mo
HOA Fee
Highlights
- Traditional Architecture
- End Unit
- Tennis Courts
- Seawell Elementary School Rated A+
- Community Pool
- Cooling Available
About This Home
As of July 2022First floor corner condo unit 3bd/2ba. Enjoy private patio overlooking heavily treed community property featuring walking trails, bball court, tennis, & pool. Bus stop access. Walkable to Bolin Creek Trail. 1.5mi to downtown Franklin St & UNC-Chapel Hill campus. Perfect for investors! No w/d in unit; on-site laundry. One-owner investor divesting multiple units. Great rental history, tenants vacating mid-July.
Last Agent to Sell the Property
Real Estate By Design License #286227 Listed on: 06/18/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,807
Year Built
- Built in 1972
Lot Details
- End Unit
HOA Fees
- $243 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Masonite
Interior Spaces
- 1,212 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Seawell Elementary School
- Smith Middle School
- Chapel Hill High School
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
Community Details
Overview
- Association fees include ground maintenance, maintenance structure, trash, water
- Cedar Management Group Association
- Bolinwood Condominiums Subdivision
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2022
Sold by
Maani Sahba A and Maani Nasim A
Bought by
Group 9 Design & Build Llc
Current Estimated Value
Purchase Details
Closed on
Jan 6, 2021
Sold by
Esfandabadi Babak Zarei and Abadi Noushin Rohani
Bought by
Maani Sahba and Maani Nasim A
Purchase Details
Closed on
Feb 28, 2007
Sold by
Manley Sean Allen and Manley Mahin
Bought by
Esfandabadi Babak Zarei and Abadi Noushin Rohani Hossein
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 23, 2003
Sold by
Munro Jane A and Scott Ina M
Bought by
Manley Sean Allen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
6.03%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Chapel Hill, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Becton Marcus | |
| Warranty Deed | $123,000 | None Available | |
| Warranty Deed | $92,000 | None Available | |
| Warranty Deed | $76,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $73,600 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $68,400 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $165,000 | -- | -- |
| 07/08/2022 07/08/22 | Sold | $165,000 | -5.7% | $136 / Sq Ft |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- |
| 06/18/2022 06/18/22 | For Sale | $175,000 | -- | $144 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $1,161 | $105,500 | $0 | $105,500 |
| 2023 | $1,888 | $105,500 | $0 | $105,500 |
| 2022 | $1,815 | $105,500 | $0 | $105,500 |
| 2021 | $1,794 | $105,500 | $0 | $105,500 |
| 2020 | $1,405 | $75,000 | $0 | $75,000 |
| 2018 | $1,366 | $75,000 | $0 | $75,000 |
| 2017 | $1,460 | $75,000 | $0 | $75,000 |
| 2016 | $1,460 | $81,580 | $24,356 | $57,224 |
| 2015 | $1,460 | $81,580 | $24,356 | $57,224 |
| 2014 | $1,402 | $81,580 | $24,356 | $57,224 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Gretenstein
Seller's Agent in 2022
Amy Gretenstein
Real Estate By Design
(919) 816-2694
115 Total Sales
-
Amy Shyshnyak
Buyer's Agent in 2022
Amy Shyshnyak
Costello Real Estate & Investm
(919) 523-8162
17 Total Sales
Map
Source: Doorify MLS
MLS Number: 2456849
APN: 9789014199.098
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