NOT LISTED FOR SALE

505 Monroe St Unit B Chapel Hill, NC 27516

West Chapel Hill Historic District Neighborhood

Estimated Value: $500,578 - $531,000

3 Beds
2.5 Baths
1,576 Sq Ft
$330/Sq Ft Est. Value

Highlights

  • Deck
  • Vaulted Ceiling
  • No HOA
  • Carrboro Elementary School Rated A
  • Wood Flooring
  • Skylights

About This Home

As of May 2024

Townhome, duplex style. Near campus. Living room: sloped ceiling, skylights, fireplace. Kitchen: white cabinets, high ceiling, backsplash, stainless appliances, center island, open to kitchen. Washer/dryer on 1st. Hardwoods in living, dining, kitchen; carpet in bedrooms, tile in baths. Bedrooms: mirrored closets. Master on 1st: double door closet, walk-in closet, bathroom- tile surround shower. 2 bedrooms up. 2nd Bath up: tub-shower. Deck. Fenced yard. Storage shed. Pet w/fee, approval. $15/mo filter fee.

Last Agent to Rent the Property

Philip Guin

Louise Beck Properties, Inc License #287645 Listed on: 04/22/2024

Last Renter's Agent

Philip Guin

Louise Beck Properties, Inc License #287645 Listed on: 04/22/2024

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 8,712

Parking

  • Private Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,576 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Living Room
  • Laundry in unit

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Security Deposit $3,400
  • Property Available on 8/9/24
  • 12 Month Lease Term

Community Details

Overview

  • No Home Owners Association
  • Forest Hills Place Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

8,712 Sq Ft Lot

Rental Info

  • Tenant Pays: Other
  • Lease Term: 12 Months
  • Available Date: 2024-08-09

Listing Details

  • Year Built: 1994
  • Prop. Type: Residential Lease
  • Subdivision Name: Forest Hills Place
  • Above Grade Finished Sq Ft: 1576.0
  • Unit Levels: Two
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-08-09
  • Contract Information Security Deposit2: 3400.0
  • General Property Information Above Grade Finished Area: 1576.0
  • Structure Type Duplex: Yes
  • Pets Allowed Yes2: Yes
  • General Property Information:Living Area3: 1576.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile, Vinyl, Wood
  • Interior Amenities: Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2000
Bought by
Current Estimated Value
$520,145
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in West Chapel Hill Historic District, NC

  • Samantha Greaves Real Estate Agent - Compass -- Chapel Hill - Durham

    Samantha Greaves

    Compass -- Chapel Hill - Durham

    (984) 369-8254

    55 Total Sales

    1 in West Chapel Hill Historic District

    $2,540,000 Price

    Samantha Greaves
     Section Image
  • Shahla Rezvani Real Estate Agent - Coldwell Banker - HPW

    Shahla Rezvani

    Coldwell Banker - HPW

    (984) 369-9507

    162 Total Sales

    2 in West Chapel Hill Historic District

    $715K - $950K Price Range

    Shahla Rezvani
     Section Image
  • Rhonda Szostak Real Estate Agent - Berkshire Hathaway HomeService

    Rhonda Szostak

    Berkshire Hathaway HomeService

    (888) 367-3618

    39 Total Sales

    1 in West Chapel Hill Historic District

    $505,000 Price

    Rhonda Szostak
     Section Image
  • Becky Belk Real Estate Agent - Keller Williams Realty United

    Becky Belk

    Keller Williams Realty United

    (877) 760-4019

    91 Total Sales

    1 in West Chapel Hill Historic District

    $1,150,000 Price

    Becky Belk
     Section Image
  • Kelly Cipriani Real Estate Agent - NorthGroup Real Estate, Inc.

    Kelly Cipriani

    NorthGroup Real Estate, Inc.

    (855) 958-3996

    23 Total Sales

    1 in West Chapel Hill Historic District

    $330,000 Price

    Kelly Cipriani
     Section Image
  • Bill Stevenson Real Estate Agent - Compass -- Chapel Hill - Durham

    Bill Stevenson

    Compass -- Chapel Hill - Durham

    (984) 204-7266

    125 Total Sales

    1 in West Chapel Hill Historic District

    $264,158 Price

    Bill Stevenson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$241,700 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Rented $3,400 0.0% --
04/22/2024 04/22/24 For Rent $3,400 +21.4% --
12/18/2023 12/18/23 Off Market $2,800 -- --
04/27/2023 04/27/23 Rented $2,800 0.0% --
04/18/2023 04/18/23 For Rent $2,800 -- --
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,187 $461,400 $270,000 $191,400
2024 $6,035 $350,800 $198,000 $152,800
2023 $5,872 $350,800 $198,000 $152,800
2022 $5,630 $350,800 $198,000 $152,800
2021 $5,558 $350,800 $198,000 $152,800
2020 $5,768 $342,500 $198,000 $144,500
2018 $0 $342,500 $198,000 $144,500
2017 $5,176 $342,500 $198,000 $144,500
2016 $5,176 $310,165 $101,255 $208,910
2015 $5,176 $310,165 $101,255 $208,910
2014 $5,128 $310,165 $101,255 $208,910
Source: Public Records

Agents Affiliated with this Home

  • PG

    Landlord's Agent in 2024

    Philip Guin

    Louise Beck Properties, Inc

    (919) 401-9300

    Philip Guin
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Map

Source: Doorify MLS

MLS Number: 10024615

Doorify MLS

APN: 9788108810

North Carolina Orange County Chapel Hill 27516 West Chapel Hill Historic District

505 Monroe St Unit B, Chapel Hill, NC

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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