NOT LISTED FOR SALE

500 Umstead Dr Unit 203 Chapel Hill, NC 27516

Estimated Value: $206,231 - $217,000

2 Beds
1.5 Baths
868 Sq Ft
$205/mo HOA Fee

Last Sold February 09, 2024

Last sale price $182,000 $210 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,504/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Tennis Courts
  • Seawell Elementary School Rated A+
  • Community Pool
  • Breakfast Room

About This Home

As of February 2024

Amazing 2 bedroom condo in Chapel Hill. Completely redone inside with new kitchen & upgraded appliances, flooring, bathrooms, and added laundry room! Also had upgraded tankless water heater. 4 minutes from UNC campus, walking distance to Umstead Park & nature trails. Don't miss this one!

Last Agent to Sell the Property

Joshua Kennedy

Mark Spain Real Estate License #297436 Listed on: 01/03/2024

Last Buyer's Agent

Julie Llanes

Better Homes & Gardens Real Es License #277895

Better Homes & Gardens Real Es

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1972

Lot Details

  • 5,227

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Breakfast Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 9789014199.118

Community Details

Overview

  • Association fees include water
  • Community Assoc. Mgmt Association
  • Bolinwood Condominiums Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,484

Year Built

Built in 1972

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Reso Association Fee Includes: Water
  • Subdivision Name: Bolinwood Condominiums
  • Above Grade Finished Sq Ft: 868.0
  • 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
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: First
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: First
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Amazing 2 bedroom condo in Chapel Hill. Completely redone inside with new kitchen & upgraded appliances, flooring, bathrooms, and added laundry room! Also had upgraded tankless water heater. 4 minutes from UNC campus, walking distance to Umstead Park & nature trails. Don't miss this one!
  • General Property Information Association Phone: N/A
  • Flooring Laminate: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 205.13
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 868.0
  • General Property Information Main Level Bedrooms: 2
  • Room Types Laundry2: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information:Living Area3: 868.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • General Property Information:Open Parking YN2: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 205.13
  • Association Fee Frequency: Monthly
  • Association Name: Community Assoc. Mgmt
  • Phone: N/A
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Community Assoc. Mgmt
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Water: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 205.13
  • 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 #: 9789014199.118

Tax Info

  • Tax Annual Amount: 1484.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Aug 19, 2024
Sold by
Barazandeh Farzin and Barazandeh Daria Michelle
Bought by
Peaks Keisha L
Seller's Agent
Anthony Dufrene
Fathom Realty NC
Buyer's Agent
Barbara Cain
Redfin Corporation
List Price
$215,000
Sold Price
$209,000
Premium/Discount to List
-$6,000
-2.79%
Views
250
Current Estimated Value
$211,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,808
Avg. Annual Appreciation
0.93%

Purchase Details

Closed on
May 14, 2021
Sold by
Russ David L and Russ Phyllis C
Bought by
Barazandeh Farzin and Moavenzadeh Leyla

Purchase Details

Closed on
Dec 31, 1985
Bought by
Russ
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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Purchase History

Date Buyer Sale Price Title Company
Peaks Keisha L $209,000 None Listed On Document
Barazandeh Farzin $122,000 None Available
Russ $103,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $182,000 -1.6% $210 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $185,000 0.0% $213 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $185,000 -- $213 / Sq Ft
Source: Doorify MLS

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 $2,368 $215,700 $0 $215,700
2024 $1,935 $105,500 $0 $105,500
2023 $1,888 $105,500 $0 $105,500
2022 $1,815 $105,500 $0 $105,500
2021 $1,803 $105,500 $0 $105,500
2020 $1,415 $75,000 $0 $75,000
2018 $0 $75,000 $0 $75,000
2017 $1,471 $75,000 $0 $75,000
2016 $1,471 $81,580 $24,356 $57,224
2015 $1,470 $81,580 $24,356 $57,224
2014 $1,412 $81,580 $24,356 $57,224
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joshua Kennedy

    Mark Spain

  • J

    Buyer's Agent in 2024

    Julie Llanes

    Better Homes & Gardens Real Es

    (919) 389-5277

    10 Total Sales

    Julie Llanes
    Section Image

  • J

    Buyer's Agent in 2024

    Julie Veneto Llanes

    Keller Williams Preferred Realty

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Map

Source: Doorify MLS

MLS Number: 10002039

Doorify MLS

APN: 9789014199.091

North Carolina Orange County Chapel Hill 27516

500 Umstead Dr Unit 203, Chapel Hill, NC

Not Listed for Sale

Condos

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