NOT LISTED FOR SALE

500 Umstead Dr Unit C104 Chapel Hill, NC 27516

Estimated Value: $178,000 - $214,000

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

Last Sold June 20, 2023

Last sale price $200,000 $215 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,369/month

51 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Walk-In Closet
  • Seawell Elementary School Rated A+
  • Traditional Architecture
  • Patio

About This Home

As of June 2023

Beautifully Renovated Investment property. Recently rented for $1700/month. Move-In ready. Best to reach me by WhatsApp for immediate response: 919.259.9443 (not for phone call use)

Last Agent to Sell the Property

Elad (Dale) Sela

Blue Moon Properties License #287903 Listed on: 04/20/2023

Last Buyer's Agent

Adaisha Skinner

Compass -- Raleigh License #324491

Compass -- Raleigh

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 1972

Lot Details

  • Cleared Lot
  • Landscaped with Trees
  • Garden

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 931 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Utility Room
  • Luxury Vinyl Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Home Security

Parking

  • Garage
  • Front Facing Garage
  • Private Driveway
  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include ground maintenance, sewer, trash, water
  • Bolinwood Owners Assoc Association
  • Bolinwood Condominiums Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,615

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: Maintenance Grounds, Sewer, Trash, Water
  • Subdivision Name: Bolinwood Condominiums
  • Above Grade Finished Sq Ft: 931.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • 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
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • Pool Features In Ground: Yes
  • General Property Information Above Grade Finished Area: 931.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Pantry, Primary Downstairs, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: 1st Floor
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Construction Type: Brick
  • Patio And Porch Features: Patio
  • Accessibility Features:Accessible WasherDryer: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, Driveway, Garage Faces Front, Parking Lot
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 205.67
  • Association Fee Frequency: Monthly
  • Association Name: Bolinwood Owners Assoc
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Bolinwood Owners Assoc
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: 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: 1615.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 14, 2023
Sold by
Stea Llc
Bought by
Putcha Srilakshivit and Putcha Raghuram
Seller's Agent
Elad (Dale) Sela
Blue Moon Properties
Buyer's Agent
Adaisha Skinner
Compass -- Raleigh
List Price
$190,000
Sold Price
$200,000
Premium/Discount to List
$10,000
5.26%
Views
579
Current Estimated Value
$193,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,964
Avg. Annual Appreciation
-1.57%

Purchase Details

Closed on
Jun 2, 2021
Sold by
Sarawatula Srinivas and Undrakonda Aparna
Bought by
Stea Llc

Purchase Details

Closed on
May 2, 2019
Sold by
Alvarez Paul Michael
Bought by
Saraswatula Srinivas and Undrakonda Aparna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2015
Sold by
Grubb Carl W and Grubb Greene Pamela
Bought by
Alvarez Paul Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Putcha Srilakshivit $200,000 None Listed On Document
Putcha Srilakshivit $200,000 None Listed On Document
Stea Llc $117,000 None Available
Saraswatula Srinivas $93,500 None Available
Alvarez Paul Michael $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saraswatula Srinivas $69,000
Previous Owner Alvarez Paul Michael $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $200,000 -- --
06/20/2023 06/20/23 Sold $200,000 +5.3% $215 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $190,000 0.0% $204 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $190,000 -- $204 / 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 $0 $65,700 $0 $65,700
2017 -- $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

  • E

    Seller's Agent in 2023

    Elad (Dale) Sela

    Blue Moon Properties

    (919) 259-9443

    11 Total Sales

    Elad (Dale) Sela
    Section Image

  • A

    Buyer's Agent in 2023

    Adaisha Skinner

    Compass -- Raleigh

    (859) 808-0059

    52 Total Sales

    Adaisha Skinner
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2506067

Doorify MLS

APN: 9789014199.040

North Carolina Orange County Chapel Hill 27516

500 Umstead Dr Unit C104, Chapel Hill, NC

This home is located at 500 Umstead Dr Unit C104, Chapel Hill, NC 27516 since 20 April 2023 and is currently estimated at $193,036, approximately $207 per square foot. This property was built in 1972. 500 Umstead Dr Unit C104 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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