$235,000

500 Umstead Dr Unit D308 Chapel Hill, NC 27516

Estimated payment $1,482/month

Total Views 3,241
3 Beds
2 Baths
1,147 Sq Ft
$205 Price per Sq Ft

Highlights

  • Formal Dining Room
  • Balcony
  • Heating System Uses Steam
  • Seawell Elementary School Rated A+
  • Hot Water Heating System

About This Home

Renovated Top-Floor Condo in Prime Chapel Hill Location!Don't miss this beautifully updated condo nestled in one of Chapel Hill's most desirable locations! Tucked away at the rear of the complex, this top-floor unit offers peaceful forest views and quiet living--just minutes from everything.Enjoy access to top-rated schools, including Seawell Elementary, Smith Middle, and Chapel Hill High. The community features a seasonal pool, and the HOA fee covers water and exterior maintenance--including a brand new roof installed in 2025.Conveniently located on the UNC bus line and within biking distance to campus, great for students, professionals, or anyone who wants easy access to downtown Chapel Hill. Just down the road, you'll find Umstead Park, with stunning wooded trails, beach volleyball, basketball courts, a playground, and even a nearby swim club.This is a rare opportunity for affordable living in a vibrant, walkable, and nature-filled setting. Whether you're looking to move in or invest, this condo offers value, comfort, and unbeatable location.

Listing Agent

Kevin Gioia

Beycome Brokerage Realty LLC License #328339 Listed on: 06/25/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1972

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stick Built Home
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,147 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Northside Elementary School
  • Gravelly Hill Middle School
  • Chapel Hill High School

Utilities

  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Co-Op Water

Community Details

  • Community Association Management Association, Phone Number (919) 287-3212

Listing and Financial Details

  • Assessor Parcel Number 9789014199084

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,935

Year Built

Built in 1972

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: See Remarks
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Formal
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Pantry
  • List Price per Sq Ft: 204.88
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1147.00
  • Total Heated Primary Separate Sq Ft: 1147.00

Exterior Features

  • Exterior Finish: Synthetic Stucco
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Asphalt, Parking Lot, Assigned

Utilities

  • Cooling System: Central Air
  • Heating System: Heat Pump, Hot Water
  • Utilities: Other
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maintenance Structure, Sewer, Water, Trash
  • HOAAssociationFee1Year: 234.00
  • HOAAssociationName: Community Association Management
  • HOAAssociationPhone: 9192873212

Lot Info

  • Deed Page: 154.00
  • Plat Book: 40
  • Plat Page: 154
  • Zoning: RES

Tax Info

  • Tax Identifier: 9789014199084
  • Tax Year: 2024

MLS Schools

  • Elementary School: Northside
  • High School: Chapel Hill High School
  • Middle School: Gravelly Hill Middle School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,462 $75,000 $0 $75,000
2016 $1,462 $81,700 $24,400 $57,300
2015 $1,462 $81,700 $24,400 $57,300
2014 $1,404 $81,700 $24,400 $57,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $220,000 -6.4% $192 / Sq Ft
07/09/2025 07/09/25 For Sale $235,000 -- $205 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $116,000 None Available
Warranty Deed $116,000 None Available
Warranty Deed $78,000 None Available
Warranty Deed $81,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $800,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,400 New Conventional
Previous Owner $75,500 New Conventional
Previous Owner $80,000 Adjustable Rate Mortgage/ARM
Previous Owner $60,450 Fannie Mae Freddie Mac
Source: Public Records

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Source: Hive MLS

MLS Number: 100515585

Hive MLS

APN: 9789014199.084