NOT LISTED FOR SALE

500 Umstead Dr Unit C-207 Chapel Hill, NC 27516

Estimated Value: $188,000 - $207,000

3 Beds
2 Baths
1,212 Sq Ft
$269/mo HOA Fee

Last Sold September 20, 2024

Last sale price $191,700 $158 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,536/month

163 Days on Market

Highlights

  • In Ground Pool
  • Property is near public transit
  • Transitional Architecture
  • Seawell Elementary School Rated A+
  • Pond
  • Tennis Courts

About This Home

As of September 2024

Three-bedroom Bolingwood Condo now available! This unit is in pristine condition, featuring new carpet and fresh paint throughout. Enjoy stunning neighborhood views from the great location. The primary bedroom is spacious and includes an ensuite bath. On-site amenities include a pool, tennis courts, basketball courts, and laundry facilities. Located centrally in Chapel Hill on the bus line, it's convenient to UNC campus and the excellent Chapel Hill/Carrboro schools. Recent updates include fresh paint, new carpet, new blinds, new closet doors, a new lock for the front door and a new patio door lock. The kitchen boasts new dishwasher, counters, range, and range hood, while the baths feature two new showerheads, new vanities, and new faucets.

Last Agent to Sell the Property

Shahla Rezvani

Coldwell Banker - HPW License #122184 Listed on: 04/05/2024

Coldwell Banker - HPW

Last Buyer's Agent

Wei Huang

Golden House Realty, LLC License #235392

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Property fronts a private road
  • 1 Common Wall
  • Sloped Lot

HOA Fees

  • $269 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Flat Roof Shape
  • Brick Veneer
  • Slab Foundation
  • Lead Paint Disclosure

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Parking Spaces
  • Additional Parking
  • 1 Open Parking Space
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Pond
  • Balcony
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9789014199.051

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, road maintenance, sewer, water
  • Bolinwood Condos HOA, Phone Number (888) 565-1226
  • Bolinwood Condominiums Subdivision
  • Maintained Community
  • Pond Year Round

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Additional Features

  • Laundry Facilities
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,694

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Water
  • Subdivision Name: Bolinwood Condominiums
  • Above Grade Finished Sq Ft: 1212.0
  • Architectural Style: Transitional
  • 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
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 888 565-1226
  • General Property Information Senior Community YN: No
  • Pool Features In Ground: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Utilities Phone Available: Yes
  • General Property Information Monthly Association Fees2: 426.92
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1212.0
  • Utilities Sewer Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Lot Features Pond On Lot2: Yes
  • Lot Water Features Pond on Lot: Yes
  • Disclosures Lead Based Paint: Yes
  • Security Features Carbon Monoxide Detector(s): Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Spa Features: None
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Electric Range, Range Hood, Refrigerator, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Range: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Sidewalks: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Roof: Flat
  • Exterior Features: Balcony
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Near Public Transit: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sloped: Yes
  • Pool Features:Outdoor Pool: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Assigned, Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Additional Parking: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 269.25
  • Association Fee Frequency: Monthly
  • Association Name: Bolinwood Condos HOA
  • Phone: 888-565-1226
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Bolinwood Condos HOA
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Pond Year Round: Yes
  • Association Amenities:Laundry: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 269.25
  • 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 #: 9789014199.051

Tax Info

  • Tax Annual Amount: 1693.59
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Sep 20, 2024
Sold by
Dejoie Yves-Leo and Lin Theresa
Bought by
Good News Real Estate Investment Llc
Seller's Agent
Shahla Rezvani
Coldwell Banker - HPW
Buyer's Agent
Wei Huang
Golden House Realty, LLC
List Price
$229,900
Sold Price
$191,700
Premium/Discount to List
-$38,200
-16.62%
Views
333
Current Estimated Value
$197,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,658
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Jul 20, 2001
Sold by
Grubb Carl W and Grubb Pamela J
Bought by
Dejoie Yves Leo and Lin Theresa
Source: Public Records

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
Good News Real Estate Investment Llc $192,000 None Listed On Document
Good News Real Estate Investment Llc $192,000 None Listed On Document
Dejoie Yves Leo $76,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $191,700 -4.1% $158 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $199,999 -4.7% $165 / Sq Ft
07/11/2024 07/11/24 Price Changed $209,900 -2.4% $173 / Sq Ft
05/28/2024 05/28/24 Price Changed $214,999 -6.5% $177 / Sq Ft
04/06/2024 04/06/24 For Sale $229,900 0.0% $190 / Sq Ft
04/06/2024 04/06/24 Off Market $229,900 -- --
04/05/2024 04/05/24 For Sale $229,900 -- $190 / 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
2025 $2,808 $202,900 $0 $202,900
2024 $1,935 $105,500 $0 $105,500
2023 $1,896 $105,500 $0 $105,500
2022 $1,822 $105,500 $0 $105,500
2021 $1,801 $105,500 $0 $105,500
2020 $1,413 $75,000 $0 $75,000
2018 $1,377 $75,000 $0 $75,000
2017 $1,463 $75,000 $0 $75,000
2016 $1,463 $81,580 $24,356 $57,224
2015 $1,467 $81,580 $24,356 $57,224
2014 -- $81,580 $24,356 $57,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10021402

Doorify MLS

APN: 9789014199.051