$118,000
SOLD NOV 24, 2021

500 Umstead Dr Unit 304 Chapel Hill, NC 27516

2 Beds
1.5 Baths
858 Sq Ft
$206/mo HOA Fee

Recently Sold

$138 Per Sq Ft

6% Below List Price

15 Days on Market

Highlights

  • Traditional Architecture
  • End Unit
  • Forced Air Heating and Cooling System
  • Seawell Elementary School Rated A+
  • 1-Story Property
  • Carpet

About This Home

As of November 2021

Investor Alert! Occupied unit for sale with lease until 2/15/22. Identical unit 204D also available from same seller. Community located in beautiful nature setting just 1.5 miles from UNC campus and downtown Chapel Hill. Open living room & dining off of kitchen.

Last Agent to Sell the Property

Summer Hunt

V.G. Murray & Company License #282967 Listed on: 10/19/2021

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1972

Lot Details

  • End Unit

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 858 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Parking Lot
  • Assigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include sewer, water
  • Bolinwood Condominiums Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,597

Year Built

Built in 1972

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Reso Association Fee Includes: Sewer, Water
  • Subdivision Name: Bolinwood Condominiums
  • Above Grade Finished Sq Ft: 858.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Above Grade Unfinished Area: 105.0
  • General Property Information Total Unfinished Area2: 105.0
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 858.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Brick
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 205.67
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association Fee: 205.67
  • 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

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1597.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2013
Sold by
Dittmeier Edward R and Dittmeier Lisa M
Bought by
Laederach Alain

Purchase Details

Closed on
Jul 3, 2008
Sold by
Byrne William J
Bought by
Dittmeier Edward R and Dittmeier Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $62,000 None Available
Warranty Deed $73,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $169,000 0.0% $189 / Sq Ft
05/31/2025 05/31/25 Off Market $1,400 -- --
05/13/2025 05/13/25 For Sale $174,500 0.0% $195 / Sq Ft
04/28/2025 04/28/25 Price Changed $1,400 0.0% $1 / Sq Ft
04/28/2025 04/28/25 For Rent $1,400 +3.7% --
04/27/2025 04/27/25 Off Market $1,350 -- --
03/25/2025 03/25/25 Price Changed $1,350 +3.8% $1 / Sq Ft
03/25/2025 03/25/25 For Rent $1,300 0.0% --
12/14/2023 12/14/23 Off Market $118,000 -- --
11/24/2021 11/24/21 Sold $118,000 -5.6% $138 / 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 $1,720 $92,500 $0 $92,500
2023 $1,680 $92,500 $0 $92,500
2022 $1,616 $92,500 $0 $92,500
2021 $1,597 $92,500 $0 $92,500
2020 $1,255 $65,700 $0 $65,700
2018 $1,219 $65,700 $0 $65,700
2017 $1,336 $65,700 $0 $65,700
2016 $1,336 $73,867 $24,356 $49,511
2015 $1,336 $73,867 $24,356 $49,511
2014 $1,278 $73,867 $24,356 $49,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2414639

Doorify MLS

APN: 9789014199.032