500 Umstead Dr Unit 204 Chapel Hill, NC 27516
3
Beds
2
Baths
1,210
Sq Ft
$234/mo
HOA Fee
Highlights
- Clubhouse
- Transitional Architecture
- Tennis Courts
- Seawell Elementary School Rated A+
- Community Pool
- Bathtub with Shower
About This Home
As of February 2025Well-sized, comfortable, and move in ready 3 bed, 2 bath condo in a fantastic Chapel Hill location at an affordable price. Brand new luxury vinyl plank flooring throughout. The entire unit has been freshly painted. HVAC is only 3 years old. The HOA pays for water, sewer, and trash. Enjoy easy living with amenities such as pool, tennis courts, and basketball courts. For those who want more activity - walk, run, or bike Bolin Creek Trail, enjoy the sand volleyball courts, or have a fun cook-out at the park. The property is located only a mile and a half from UNC with a bus stop to the free bus line at the front of the property.
Last Agent to Sell the Property
Vasquez Realty Group, LLC License #285509 Listed on: 11/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,888
Year Built
- Built in 1972
HOA Fees
- $234 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Transitional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,210 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Cooktop
- Dishwasher
Flooring
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Schools
- Seawell Elementary School
- Smith Middle School
- Chapel Hill High School
Utilities
- Heating Available
- Electric Water Heater
Community Details
Overview
- Association fees include insurance, ground maintenance, maintenance structure, sewer, storm water maintenance, trash, water
- Bolinwood Condominiums Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
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
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
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 |
|---|---|---|---|
| Warranty Deed | $204,500 | None Listed On Document | |
| Warranty Deed | $77,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Warranty Deed | $78,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $153,153 | New Conventional | |
| Previous Owner | $63,000 | Seller Take Back |
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
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
-
Ma Josefa Wiggs
Buyer's Agent in 2025
Ma Josefa Wiggs
Coldwell Banker HPW
2 Total Sales
-
Carmen Vasquez
C
Seller's Agent in 2023
Carmen Vasquez
Vasquez Realty Group, LLC
(919) 432-8019
44 Total Sales
-
Daniela De Cabrera
Buyer's Agent in 2023
Daniela De Cabrera
HomeJoy Realty
(919) 259-9353
7 Total Sales
-
Amy Gretenstein
Seller's Agent in 2021
Amy Gretenstein
Real Estate By Design
(919) 816-2694
117 Total Sales
-
S
Seller's Agent in 2021
Summer Hunt
V.G. Murray & Company
(919) 832-5350
21 Total Sales
Map
Source: Doorify MLS
MLS Number: 2541664
APN: 9789014199.008
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