Seller's Agent in 2024
Nata Bozymski
Inhabit Real Estate
(919) 593-0554
7 in this area
126 Total Sales
506 Oak Tree Dr Unit 506 Chapel Hill, NC 27517
The Oaks NeighborhoodEstimated Value: $288,000 - $339,000
2
Beds
2.5
Baths
1,137
Sq Ft
1974
Built
Highlights
- Clubhouse
- Contemporary Architecture
- Granite Countertops
- Rashkis Elementary School Rated A
- End Unit
- Community Pool
About This Home
As of April 2024This condo is updated throughout and is as crisp and clean as a fresh set of sheets. The end unit location means there is plenty of room for the grill and lawn chairs and a lot less worry about your neighbor's music taste or nocturnal habits when the clocks spring forward. Exposed brick lends an earthy element to a light filled living room, where a French door provides ingress and egress for cool Spring breezes and pupper trips. Brand spanking new flooring throughout provides the base layer upon which upgrades to painting, fixtures, and hardware take root. Upstairs, the floor plan provides each bedroom with its own bathroom, and downstairs, a stylish and bright half bath offers a convenient respite for guests. For investors, this unit is perfectly suited for a thriving rental market due to its convenient location to all things UNC and Chapel Hill. Condos like this don't sprout up in the market all that often, so don't miss out!
Last Agent to Sell the Property
Inhabit Real Estate License #227848 Listed on: 03/08/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,034
Year Built
- Built in 1974
Lot Details
- Property fronts a private road
- End Unit
- 1 Common Wall
- Private Entrance
Home Design
- Contemporary Architecture
- Brick Veneer
- Slab Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,137 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Ceiling Fan
- Entrance Foyer
- Living Room
- Dining Room
Kitchen
- Electric Range
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in Hall
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Open Parking Spaces
- Parking Lot
Outdoor Features
- Patio
- Outdoor Storage
- Rain Gutters
- Porch
Schools
- Rashkis Elementary School
- Grey Culbreth Middle School
- East Chapel Hill High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 9798451394.031
Community Details
Overview
- Property has a Home Owners Association
- The Oaks Subdivision
- Maintained Community
- Community Parking
Recreation
- Community Pool
Additional Features
- Clubhouse
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2024
Closed on
Apr 5, 2024
Sold by
Owens Jonathan and Owens Anna Kate
Bought by
Brandberg Jacob Kenneth and Brandberg Megan Maness
Seller's Agent
Nata Bozymski
Inhabit Real Estate
Buyer's Agent
Dylan Hale
Keller Williams Elite Realty
List Price
$315,000
Sold Price
$315,000
Views
307
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,337
Avg. Annual Appreciation
1.04%
Original Mortgage
$280,000
Outstanding Balance
$277,089
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$42,248
Purchase Details
Closed on
Aug 28, 2020
Sold by
Schneider Robert and Schneider Anne Marie
Bought by
Owens Jonathan and Owens Anna Kate
Purchase Details
Closed on
Jun 24, 2008
Sold by
Cantrell Matthew G
Bought by
Schneider Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 2005
Sold by
Murray Brian and Sidiqi Sarah
Bought by
Cantrell Matthew G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 9, 2002
Sold by
Treiber Miklos and Treiber Linda S
Bought by
Murray Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,600
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brandberg Jacob Kenneth | $315,000 | None Listed On Document | |
| Owens Jonathan | $176,500 | None Available | |
| Schneider Robert | $156,000 | None Available | |
| Cantrell Matthew G | $140,000 | -- | |
| Murray Brian | $114,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brandberg Jacob Kenneth | $280,000 | |
| Previous Owner | Schneider Robert | $118,132 | |
| Previous Owner | Schneider Robert | $117,000 | |
| Previous Owner | Cantrell Matthew G | $140,000 | |
| Previous Owner | Murray Brian | $8,829 | |
| Previous Owner | Murray Brian | $12,020 | |
| Previous Owner | Murray Brian | $91,600 | |
| Closed | Murray Brian | $17,175 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2024 04/17/24 | Sold | $315,000 | 0.0% | $277 / Sq Ft |
| 03/10/2024 03/10/24 | Pending | -- | -- | -- |
| 03/08/2024 03/08/24 | For Sale | $315,000 | -- | $277 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $3,127 | $176,200 | $0 | $176,200 |
| 2023 | $3,034 | $176,200 | $0 | $176,200 |
| 2022 | $2,912 | $176,200 | $0 | $176,200 |
| 2021 | $2,894 | $176,200 | $0 | $176,200 |
| 2020 | $2,314 | $130,700 | $0 | $130,700 |
| 2018 | $2,259 | $130,700 | $0 | $130,700 |
| 2017 | $2,604 | $130,700 | $0 | $130,700 |
| 2016 | $2,604 | $151,910 | $42,098 | $109,812 |
| 2015 | $2,604 | $151,910 | $42,098 | $109,812 |
| 2014 | $2,542 | $151,910 | $42,098 | $109,812 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Alison Domnas
Inhabit Real Estate
(919) 260-4324
4 in this area
175 Total Sales
-
D
Buyer's Agent in 2024
Dylan Hale
Keller Williams Elite Realty
(919) 414-9085
1 in this area
104 Total Sales
Map
Source: Doorify MLS
MLS Number: 10016000
APN: 9798451394.031
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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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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