NOT LISTED FOR SALE

500 Umstead Dr Unit 204 Chapel Hill, NC 27516

Estimated Value: $195,000 - $223,000

2 Beds
1.5 Baths
911 Sq Ft
$237/mo HOA Fee

Last Sold February 28, 2025

Last sale price $185,000 $203 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,545/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Cooling Available
  • Seawell Elementary School Rated A+
  • Balcony
  • Living Room

About This Home

As of February 2025

Chapel Hill/Carrboro School District. Investor alert! Tons of upgrades including HVAC, flooring, painting, etc. Great 2bd/1.5ba condo with large balcony and assigned parking minutes to UNC Chapel Hill. Bolinwood Condos includes pool, on-site laundry, tennis and is walkable to Umstead Park, Bolin Creek Trail.

Last Agent to Sell the Property

Amy Pomerantz

Keller Williams Elite Realty License #167761 Listed on: 01/10/2025

Keller Williams Elite Realty

Last Buyer's Agent

Ma Josefa Wiggs

Coldwell Banker HPW License #345488

Coldwell Banker HPW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1972

Lot Details

  • 1

HOA Fees

  • $237 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Masonite
  • Lead Paint Disclosure

Interior Spaces

  • 911 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 9789014199.024

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control, road maintenance, sewer, storm water maintenance, trash, water
  • Bolinwood Owner's Assoc Association, Phone Number (336) 380-1652
  • Bolinwood Condominiums Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,529

Year Built

Built in 1972

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Road Maintenance, Sewer, Storm Water Maintenance, Trash, Water
  • Subdivision Name: Bolinwood Condominiums
  • Above Grade Finished Sq Ft: 911.0
  • 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
  • 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: Main
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 336-380-1652
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 236.52
  • General Property Information Above Grade Finished Area: 911.0
  • Disclosures Lead Based Paint: Yes
  • RoofRubber: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Appliances: Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Roof: Rubber
  • Exterior Features: Balcony
  • Disclosures: Lead Based Paint
  • Construction Type: Brick, Masonite
  • Foundation Details: Slab
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.0
  • Parking Features:Assigned: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 236.52
  • Association Fee Frequency: Monthly
  • Association Name: Bolinwood Owner's Assoc
  • Phone: 336-380-1652
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Bolinwood Owner's Assoc
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Pest Control: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 236.52
  • 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 #: 9789014199.024

Tax Info

  • Tax Annual Amount: 1528.93
  • Tax Year: 2024

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Dec 13, 2023
Sold by
Hall Henry Leslie Perry
Bought by
Myo Investments Llc
Seller's Agent
Carmen Vasquez
Vasquez Realty Group, LLC
Buyer's Agent
Daniela De Cabrera
HomeJoy Realty
List Price
$198,900
Sold Price
$204,204
Premium/Discount to List
$5,304
2.67%
Views
52
Current Estimated Value
$205,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,641
Avg. Annual Appreciation
0.53%
Original Mortgage
$153,153
Outstanding Balance
$151,341
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$54,504

Purchase Details

Closed on
Sep 3, 2004
Sold by
Pollitt Phoebe A
Bought by
Hall Henry Leslie Perry

Purchase Details

Closed on
Aug 14, 2003
Sold by
Paletta Douglas Randolph
Bought by
Pollitt Phoebe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 2, 2001
Sold by
K2sd Llc
Bought by
Paletta Douglas Randolph
Source: Public Records

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Range of Values:

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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
Myo Investments Llc $204,500 None Listed On Document
Hall Henry Leslie Perry $77,000 --
Pollitt Phoebe A $80,000 --
Paletta Douglas Randolph $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myo Investments Llc $153,153
Previous Owner Pollitt Phoebe A $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $185,000 0.0% $203 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $185,000 +42.3% $203 / Sq Ft
12/15/2023 12/15/23 Off Market $130,000 -- --
12/15/2023 12/15/23 Off Market $125,000 -- --
12/13/2023 12/13/23 Sold $204,204 +2.7% $169 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/11/2023 11/11/23 For Sale $198,900 +53.0% $164 / Sq Ft
12/17/2021 12/17/21 Sold $130,000 +4.0% $146 / Sq Ft
11/24/2021 11/24/21 Sold $125,000 +2.9% $146 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $121,500 -2.8% $136 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $125,000 -- $146 / 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 $1,935 $105,500 $0 $105,500
2023 $1,888 $105,500 $0 $105,500
2022 $1,815 $105,500 $0 $105,500
2021 $1,794 $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 Pomerantz

    Seller's Agent in 2025

    Amy Pomerantz

    Keller Williams Elite Realty

    (919) 599-5990

    117 Total Sales

    Amy Pomerantz
    Section Image
  • Ma Josefa Wiggs

    Buyer's Agent in 2025

    Ma Josefa Wiggs

    Coldwell Banker HPW

    2 Total Sales

    Ma Josefa Wiggs
    Section Image

  • C

    Seller's Agent in 2023

    Carmen Vasquez

    Vasquez Realty Group, LLC

    (919) 432-8019

    44 Total Sales

    Carmen Vasquez
    Section Image
  • Daniela De Cabrera

    Buyer's Agent in 2023

    Daniela De Cabrera

    HomeJoy Realty

    (919) 259-9353

    7 Total Sales

    Daniela De Cabrera
    Section Image
  • Amy Gretenstein

    Seller's Agent in 2021

    Amy Gretenstein

    Real Estate By Design

    (919) 816-2694

    117 Total Sales

    Amy Gretenstein
    Section Image

  • S

    Seller's Agent in 2021

    Summer Hunt

    V.G. Murray & Company

    (919) 832-5350

    21 Total Sales

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10070238

Doorify MLS

APN: 9789014199.008

North Carolina Orange County Chapel Hill 27516

500 Umstead Dr Unit 204, Chapel Hill, NC

This home is located at 500 Umstead Dr Unit 204, Chapel Hill, NC 27516 since 10 January 2025 and is currently estimated at $205,845, approximately $225 per square foot. This property was built in 1972. 500 Umstead Dr Unit 204 is a home located in Orange County with nearby schools including Seawell Elementary School, Smith Middle School, and Chapel Hill High School.

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