NOT LISTED FOR SALE

502 Presque Isle Ln Unit 502 Chapel Hill, NC 27514

Estimated Value: $438,000 - $514,000

3 Beds
3 Baths
2,062 Sq Ft
$576/mo HOA Fee

Last Sold June 18, 2024

Last sale price $453,000 $220 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,569/month

42 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Glenwood Elementary School Rated A
  • Two Primary Bedrooms
  • Clubhouse

About This Home

As of June 2024

Welcome home to your upscale condo/townhouse in the middle of Chapel Hill. Low maintenance living gives you the freedom to come and go as you please. Easy access to UNC, Franklin St and downtown Chapel Hill, Wegman's, Lowe's and I-40 to take you to all points in the Triangle. Enjoy a morning stroll around the beautifully landscaped community, relax with morning tea on the patio, host friends in the open chef's kitchen, then wrap up the day with a book by the fireplace and a warm bath in the jetted tub. Plenty of storage in this spacious unit and attached one-car garage. The community clubhouse has a comfortable seating area, a gym, party area, kitchen and outdoor pool. Lots of details throughout: granite counters and cherry cabinets in the kitchen, gas range, oversized crown molding, gas fireplace, all three bedrooms with bathrooms en-suite, large laundry room with a closet and counter/sink, double vanity in main bath, jetted oversized tub, Rennai hot water heater and the list goes on. Hurry while this opportunity lasts!

Last Agent to Sell the Property

Joel Sivertsen

Keller Williams Realty United License #291927 Listed on: 04/08/2024

Keller Williams Realty United

Last Buyer's Agent

Michelle Lytle Westrom

Coldwell Banker - HPW License #301108

Coldwell Banker - HPW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 2000

Lot Details

  • End Unit

HOA Fees

  • $576 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Additional Parking
  • 5 Open Parking Spaces
  • Parking Lot
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Pillar, Post or Pier Foundation
  • Blown-In Insulation
  • Shingle Roof
  • Architectural Shingle Roof
  • Shake Siding
  • Stone

Interior Spaces

  • 2,062 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Gas Range
  • Down Draft Cooktop
  • Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Washer and Electric Dryer Hookup

Home Security

Outdoor Features

  • In Ground Pool
  • Side Porch

Schools

  • Glenwood Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9890500795.502

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, trash, water
  • Community Association Management Association, Phone Number (919) 741-5285
  • Presque Isle Villas Subdivision
  • Community Parking

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,217

Year Built

Built in 2000

Lot Details

0

HOA Fees

$576 per month

Parking

1

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash, Water
  • Subdivision Name: Presque Isle Villas
  • Above Grade Finished Sq Ft: 2062.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-741-5285
  • Common Walls End Unit: Yes
  • Pool Features In Ground: Yes
  • General Property Information Enhanced Accessible2: No
  • Interior Features Second Primary Bedroom: Yes
  • General Property Information Monthly Association Fees2: 576.45
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2062.0
  • Cooling Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Roof Architectural Shingle: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Phone Connected: Yes
  • Laundry Features Sink: Yes
  • Appliances Cooktop - Down: Yes
  • Foundation Details PillarPostPier: Yes
  • Security Features Carbon Monoxide Detector(s): Yes
  • Security Features Fire Sprinkler System: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Recessed Lighting, Second Primary Bedroom, Separate Shower, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar, Whirlpool Tub
  • Appliances: Cooktop - Down, Dishwasher, Disposal, Electric Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Free-Standing Gas Range, Gas Range, Ice Maker, Instant Hot Water, Microwave, Oven, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Interior Features:High Speed Internet: Yes
  • Community Features:Fitness Center2: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Interior Features:Recessed Lighting: Yes
  • Pool Features:Community: Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Appliances:ENERGY STAR Qualified Water Heater: Yes
  • Appliances:ENERGY STAR Qualified Freezer: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Roof: Architectural Shingle, Shingle
  • Disclosures: Seller Disclosure
  • Common Walls: End Unit
  • Construction Type: Blown-In Insulation, Concrete, Shake Siding, Stone
  • Foundation Details: Concrete, Pillar/Post/Pier
  • Patio And Porch Features: Side Porch
  • Construction Materials:Stone: Yes
  • Construction Materials:Shake Siding: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Concrete2: Yes
  • Pool Features:Outdoor Pool: Yes
  • Construction Materials:Blown-In Insulation: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Asphalt, Garage, Garage Door Opener, Garage Faces Side, Off Street, Parking Lot, Paved, Private
  • Total Parking Spaces: 5.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Lot: Yes
  • Association Amenities:Parking: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Private3: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 5.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 5.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Central, Fireplace(s), Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool
  • Association Fee: 576.45
  • Association Fee Frequency: Monthly
  • Association Name: Community Association Management
  • Phone: 919-741-5285
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Community Association Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Pool Features:Association: Yes
  • Association Amenities:Water: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 576.45
  • Association Amenities:Barbecue: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Lot Info

  • Parcel #: 9890500795.502

Tax Info

  • Tax Annual Amount: 5217.23
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Glenwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 17, 2024
Sold by
Opus Magnum Llc
Bought by
Sartain Daniel Taylor
Seller's Agent
Joel Sivertsen
Keller Williams Realty United
Buyer's Agent
Michelle Lytle Westrom
Coldwell Banker - HPW
List Price
$490,000
Sold Price
$453,000
Premium/Discount to List
-$37,000
-7.55%
Views
101
Current Estimated Value
$474,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,858
Avg. Annual Appreciation
3.75%
Original Mortgage
$430,350
Outstanding Balance
$425,065
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$49,793

Purchase Details

Closed on
Mar 13, 2024
Sold by
Cook Deborah and Cook David
Bought by
Opus Magnum Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2019
Sold by
Pagani Henne G and Pagani Veronica L
Bought by
Cook David and Cook Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2016
Sold by
Deutsch Robert K and Deutsch Nancy D
Bought by
Suarez Veronica Lucila and Pagani Herme Gaston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2005
Sold by
Onken Matthew T and Hanley Onken Erika
Bought by
Deutsch Robert K and Deutsch Nancy D

Purchase Details

Closed on
Apr 2, 2002
Sold by
Ard Group Inc
Bought by
Onken Matthew T and Hanley Onken Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.8%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Sartain Daniel Taylor $453,000 None Listed On Document
Sartain Daniel Taylor $453,000 None Listed On Document
Opus Magnum Llc $415,000 None Listed On Document
Cook David $325,000 None Available
Suarez Veronica Lucila $290,000 None Available
Deutsch Robert K $340,000 --
Onken Matthew T $294,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sartain Daniel Taylor $430,350
Closed Sartain Daniel Taylor $430,350
Previous Owner Opus Magnum Llc $385,000
Previous Owner Cook David $260,000
Previous Owner Suarez Veronica Lucila $232,000
Previous Owner Onken Matthew T $190,000
Closed Onken Matthew T $89,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $453,000 -2.6% $220 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $464,900 -1.1% $225 / Sq Ft
05/08/2024 05/08/24 Price Changed $469,900 -2.1% $228 / Sq Ft
05/01/2024 05/01/24 Price Changed $480,000 -1.0% $233 / Sq Ft
04/23/2024 04/23/24 Price Changed $485,000 -1.0% $235 / Sq Ft
04/08/2024 04/08/24 For Sale $490,000 -- $238 / 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 $5,593 $325,000 $0 $325,000
2023 $5,442 $325,000 $0 $325,000
2022 $5,218 $325,000 $0 $325,000
2021 $5,151 $325,000 $0 $325,000
2020 $5,023 $297,300 $0 $297,300
2018 $4,906 $297,300 $0 $297,300
2017 $5,330 $297,300 $0 $297,300
2016 $5,330 $320,500 $47,500 $273,000
2015 $5,267 $316,567 $47,543 $269,024
2014 -- $316,567 $47,543 $269,024
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joel Sivertsen

    Keller Williams Realty United

    Section Image
  • Michelle Lytle Westrom

    Buyer's Agent in 2024

    Michelle Lytle Westrom

    Coldwell Banker - HPW

    (919) 636-9024

    52 Total Sales

    Michelle Lytle Westrom
    Section Image

  • M

    Buyer's Agent in 2024

    Michelle Lytle-Westrom

    Keller Williams Realty United

  • Armand Lenchek

    Buyer Co-Listing Agent in 2024

    Armand Lenchek

    EXP Realty LLC

    (919) 624-3692

    243 Total Sales

    Armand Lenchek
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10021740

Doorify MLS

APN: 9890500795.502

North Carolina Orange County Chapel Hill 27514

502 Presque Isle Ln Unit 502, Chapel Hill, NC

This home is located at 502 Presque Isle Ln Unit 502, Chapel Hill, NC 27514 since 08 April 2024 and is currently estimated at $474,858, approximately $230 per square foot. This property was built in 2000. 502 Presque Isle Ln Unit 502 is a home located in Orange County with nearby schools including Glenwood Elementary School, Phillips Middle School, and East Chapel Hill High School.

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