Seller's Agent in 2024
Nata Bozymski
Inhabit Real Estate
(919) 593-0554
6 in this area
125 Total Sales
705 Oak Tree Dr Unit 705 Chapel Hill, NC 27517
The Oaks NeighborhoodEstimated Value: $310,481 - $323,000
2
Beds
2.5
Baths
1,130
Sq Ft
$430/mo
HOA Fee
Highlights
- Clubhouse
- Contemporary Architecture
- Porch
- Rashkis Elementary School Rated A
- Community Pool
- Brick Veneer
About This Home
As of August 2024If you're looking for a sure bet in the Chapel Hill investment game, look no further than this efficient two story unit with a solid rental history. These particular condos give a hint of mid-century flavor all while being in a terrific location close to UNC and within easy walking distance of groceries and restaurants. The real wood paneling and exposed brick walls in the living room provide a retro and earthy aspect while fresh LVP flooring on the main level gives it that 21st century crispness. Upstairs you'll find two nicely sized bedrooms and two full baths to keep potential roommate tension at low levels. A convenient half bath is tucked into the first floor as well for those times that the stairs feel too onerous. A private outdoor seating area and patio offers a nice overflow area for entertaining or to really step up your planter game. And yes, it's an HOA but it's an HOA with a POOL(!) which will doubtless offer relief as the North Carolina summer temps blaze on.
Last Agent to Sell the Property
Inhabit Real Estate License #227848 Listed on: 07/19/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,017
Year Built
- Built in 1974
Lot Details
- Property fronts a private road
- Two or More Common Walls
- Private Entrance
HOA Fees
- $430 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Brick Veneer
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,130 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Entrance Foyer
- Family Room
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- 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 9798451394.042
Community Details
Overview
- Association fees include insurance, ground maintenance, road maintenance, sewer, storm water maintenance, trash, water
- The Oaks Homeowners Associaton Association, Phone Number (919) 403-1400
- The Oaks Condos 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
Jul 19, 2024
Closed on
Aug 26, 2024
Sold by
Owens Jonathan and Owens Anna Kate
Bought by
Brooks Courtney
Seller's Agent
Nata Bozymski
Inhabit Real Estate
Buyer's Agent
Timothy Mathenge
Costello Real Estate & Investm
List Price
$295,000
Sold Price
$315,000
Premium/Discount to List
$20,000
6.78%
Views
24
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
$1,870
Avg. Annual Appreciation
0.55%
Original Mortgage
$215,000
Outstanding Balance
$212,914
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$103,956
Purchase Details
Closed on
Aug 28, 2020
Sold by
Gregory Marc H and Gregory Laurel L
Bought by
Owens Jonathan and Owens Anna Kate
Purchase Details
Closed on
Aug 26, 2016
Sold by
May Andrew R and May Deborah C
Bought by
Gregory Marc H and Gregory Laurel L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2014
Sold by
Cockerham Bobby L and Cockerham Carol D
Bought by
May Andrew R and May Deborah C
Purchase Details
Closed on
Jun 12, 2007
Sold by
Nies Kevin C and Kandt Melanie K
Bought by
Cockerham Bobby L and Cockerham Carol D
Purchase Details
Closed on
Jul 7, 2003
Sold by
Garcia Gretchen F
Bought by
Nies Kevin C and Kandt Melanie K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,550
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 4, 2003
Sold by
Garcia Todd W
Bought by
Nies Kevin C and Kandt Melanie K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,550
Interest Rate
5.29%
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 |
|---|---|---|---|
| Brooks Courtney | $315,000 | None Listed On Document | |
| Owens Jonathan | $174,000 | None Available | |
| Gregory Marc H | $139,000 | None Available | |
| May Andrew R | $135,000 | None Available | |
| Cockerham Bobby L | $154,000 | None Available | |
| Nies Kevin C | $118,500 | -- | |
| Nies Kevin C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brooks Courtney | $215,000 | |
| Previous Owner | Gregory Marc H | $111,200 | |
| Previous Owner | Nies Kevin C | $106,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Sold | $315,000 | +6.8% | $279 / Sq Ft |
| 07/26/2024 07/26/24 | Pending | -- | -- | -- |
| 07/19/2024 07/19/24 | For Sale | $295,000 | -- | $261 / 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 | $3,095 | $174,300 | $0 | $174,300 |
| 2023 | $3,017 | $174,300 | $0 | $174,300 |
| 2022 | $2,896 | $174,300 | $0 | $174,300 |
| 2021 | $2,865 | $174,300 | $0 | $174,300 |
| 2020 | $2,456 | $139,500 | $0 | $139,500 |
| 2018 | $0 | $139,500 | $0 | $139,500 |
| 2017 | $2,601 | $139,500 | $0 | $139,500 |
| 2016 | $2,601 | $151,910 | $42,098 | $109,812 |
| 2015 | $2,601 | $151,910 | $42,098 | $109,812 |
| 2014 | -- | $151,910 | $42,098 | $109,812 |
Source: Public Records
Agents Affiliated with this Home
-
Nata Bozymski
-
Alison Domnas
Seller Co-Listing Agent in 2024
Alison Domnas
Inhabit Real Estate
(919) 260-4324
4 in this area
172 Total Sales
-
Timothy Mathenge
Buyer's Agent in 2024
Timothy Mathenge
Costello Real Estate & Investm
(919) 853-7543
1 in this area
36 Total Sales
Map
Source: Doorify MLS
MLS Number: 10042269
APN: 9798451394.042
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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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