NOT LISTED FOR SALE

605 Oak Tree Dr Unit 605 Chapel Hill, NC 27517

The Oaks Neighborhood

Estimated Value: $286,000 - $307,000

2 Beds
2.5 Baths
1,132 Sq Ft
$400/mo HOA Fee

Last Sold February 23, 2024

Last sale price $275,000 $243 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,242/month

283 Days on Market

Highlights

  • Clubhouse
  • Transitional Architecture
  • Community Pool
  • Rashkis Elementary School Rated A
  • Wood Flooring
  • Cooling Available

About This Home

As of February 2024

Updated two story condo in the popular Oaks neighborhood. New flooring throughout the first floor. New cabinets, countertop, backsplash, and appliances in kitchen. Two spacious bedrooms on the second floor with a full bath for each. Relax in an open and bright family room that opens up to a private patio. In the summers, you are steps from the pool! Perfect area to walk to shopping, grocery, and restaurants. Convenient to UNC and downtown Chapel Hill. There is a walking path behind home that leads right to the bus stop that goes to UNC Law School Campus and main UNC Campus. Don't miss out on this one!

Last Agent to Sell the Property

Erica Oliver

Society Real Estate, LLC License #220444 Listed on: 03/02/2023

Last Buyer's Agent

Carmelina Hall

Real Broker, LLC - Carolina Collective Realty License #333536

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1974

Lot Details

  • 1

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Storage

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Schools

  • Rashkis Elementary School
  • Grey Culbreth Middle School
  • East Chapel Hill High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Cas Management Association
  • The Oaks Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,556

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Year Built: 1974
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: The Oaks Condos
  • Above Grade Finished Sq Ft: 1132.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • General Property Information Above Grade Finished Area: 1132.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Acres: 1.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile
  • Interior Amenities: Entrance Foyer, Storage
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 1.0
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association Name: CAS Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2556.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Feb 2, 2024
Sold by
Hamadani Masoud and Hamadani Sepideh Rezvan
Bought by
Wenchong Realty Llc
Seller's Agent
Erica Oliver
Society Real Estate, LLC
Buyer's Agent
Carmelina Hall
Real Broker, LLC - Carolina Collective Realty
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
519
Current Estimated Value
$298,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,546
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Aug 5, 2008
Sold by
Amin Rajani Farah and Amin Rajani
Bought by
Hamadani Masoud and Hamadani Mashaman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 1, 2005
Sold by
Rezvani Shahla and Rezvani Amir
Bought by
Amin Rajani Farah and Amin Rajani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2004
Sold by
Messner Seth M
Bought by
Rezvani Amir and Rezvani Shahla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
4.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 11, 2002
Sold by
Badger Jerrie P
Bought by
Messner Seth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,700
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Wenchong Realty Llc $275,000 None Listed On Document
Hamadani Masoud $157,000 None Available
Amin Rajani Farah $145,000 --
Rezvani Amir $133,500 --
Messner Seth M $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamadani Masoud $141,000
Previous Owner Amin Rajani Farah $110,400
Previous Owner Rezvani Amir $106,800
Previous Owner Seth M $96,000
Previous Owner Seth M $11,100
Previous Owner Messner $17,700
Previous Owner Messner Seth M $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $275,000 -5.2% $243 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $290,000 -1.7% $256 / Sq Ft
09/11/2023 09/11/23 Price Changed $295,000 -1.7% $261 / Sq Ft
08/16/2023 08/16/23 Price Changed $300,000 -4.8% $265 / Sq Ft
07/14/2023 07/14/23 Price Changed $315,000 -3.1% $278 / Sq Ft
06/13/2023 06/13/23 For Sale $325,000 +18.2% $287 / Sq Ft
03/18/2023 03/18/23 Off Market $275,000 -- --
03/18/2023 03/18/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $325,000 -- $287 / 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 $2,730 $153,000 $0 $153,000
2023 $2,661 $153,000 $0 $153,000
2022 $2,556 $153,000 $0 $153,000
2021 $2,524 $153,000 $0 $153,000
2020 $2,314 $130,700 $0 $130,700
2018 $2,255 $130,700 $0 $130,700
2017 $2,601 $130,700 $0 $130,700
2016 $2,601 $151,910 $42,098 $109,812
2015 $2,601 $151,910 $42,098 $109,812
2014 $2,542 $151,910 $42,098 $109,812
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Erica Oliver

    Society Real Estate, LLC

  • C

    Buyer's Agent in 2024

    Carmelina Hall

    Real Broker, LLC - Carolina Collective Realty

    (925) 989-0099

    1 in this area

    77 Total Sales

    Carmelina Hall
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Map

Source: Doorify MLS

MLS Number: 2497655

Doorify MLS

APN: 9798451394.036

North Carolina Orange County Chapel Hill 27517 The Oaks

605 Oak Tree Dr Unit 605, Chapel Hill, NC

This home is located at 605 Oak Tree Dr Unit 605, Chapel Hill, NC 27517 since 02 March 2023 and is currently estimated at $298,546, approximately $263 per square foot. This property was built in 1974. 605 Oak Tree Dr Unit 605 is a home located in Orange County with nearby schools including Rashkis Elementary School, Culbreth Middle School, and East Chapel Hill High School.

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