NOT LISTED FOR SALE

511 Pine Bluff Trail Unit A & B Chapel Hill, NC 27516

West Chapel Hill Historic District Neighborhood

Estimated Value: $1,104,000 - $1,460,465

6 Beds
6 Baths
-- Sq Ft
2000 Built

Sale Details

Date Sold: March 24, 2023

Last sale price $1,150,000

Est. 11% increase in value since last sale

Current estimated payment $8,135 / mo

12 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Heating System Uses Natural Gas
  • Smith Middle School Rated A
  • Central Air

About This Home

As of March 2023

Rare opportunity for high-end student rental in the UNC Market. Each side offers 5 bedrooms, 3.5 baths, bonus flex room, large open common areas with "Great Room" concept. Cul-de-sac location with serene views, 4 large decks, and a gracious wrapping front porch. Newly built parking area. Tenants pay all utilities. Appliances conveying are range/oven x 2, refrigerator x 2, d/w x 2 and both washer*dryer sets. Financials in Docs. Roof, HVAC's and Hot Water Heater new in 2020. 24 Hour Notice to Show.

Last Agent to Sell the Property

Charles Bulthuis

Reformation Asset Management Listed on: 02/18/2023

Co-Listed By

Norra Church

Reformation Asset Management

Last Buyer's Agent

Becky Belk

Keller Williams Central License #160170

Keller Williams Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,743

Year Built

  • Built in 2000

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Masonite

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Schools

  • Carrboro Elementary School
  • Smith Middle School
  • East Chapel Hill High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units
  • Westwood Terrace Subdivision

Building Details

  • Gross Income $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,743

Year Built

Built in 2000

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential Income
  • Subdivision Name: Westwood Terrace
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Rare opportunity for high-end student rental in the UNC Market. Each side offers 5 bedrooms, 3.5 baths, bonus flex room, large open common areas with "Great Room" concept. Cul-de-sac location with serene views, 4 large decks, and a gracious wrapping front porch. Newly built parking area. Tenants pay all utilities. Appliances conveying are range/oven x 2, refrigerator x 2, d/w x 2 and both washer*dryer sets. Roof, HVAC's and Hot Water Heater new in 2020. 24 Hour Notice to Show.
  • Foundation Details BrickMortar: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood

Exterior Features

  • Construction Type: Masonite
  • Foundation Details: Brick/Mortar
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

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

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 11743.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 8000.0

MLS Schools

  • Elementary School: CH/Carrboro - Carrboro

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
Dec 15, 2023
Sold by
Bought by
Current Estimated Value
$1,281,116

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 20, 2023
Sold by
Bought by
Seller's Agent
Charles Bulthuis
Reformation Asset Management
Buyer's Agent
Becky Belk
Keller Williams Central
List Price
$1,150,000
Sold Price
$1,150,000
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
Feb 11, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- None Listed On Document
$1,150,000 --
$880,000 None Available
$360,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $660,000
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
12/14/2023 12/14/23 Off Market $1,150,000 -- --
03/24/2023 03/24/23 Sold $1,150,000 0.0% --
03/01/2023 03/01/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $1,150,000 -- --
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 $14,746 $1,103,100 $330,000 $773,100
2024 $12,587 $730,000 $242,000 $488,000
2023 $12,247 $730,000 $242,000 $488,000
2022 $11,743 $730,000 $242,000 $488,000
2021 $11,593 $730,000 $242,000 $488,000
2020 $10,008 $587,400 $132,000 $455,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Charles Bulthuis

    Reformation Asset Management

  • N

    Seller Co-Listing Agent in 2023

    Norra Church

    Reformation Asset Management

  • Becky Belk

    Buyer's Agent in 2023

    Becky Belk

    Keller Williams Central

    (919) 201-8278

    1 in this area

    96 Total Sales

    Becky Belk
    Section Image
  • Ryan Belk

    Buyer Co-Listing Agent in 2023

    Ryan Belk

    Keller Williams Central

    (919) 730-6458

    1 in this area

    90 Total Sales

    Ryan Belk
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2495709

Doorify MLS

APN: 9788113291

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

511 Pine Bluff Trail Unit A & 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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