new - 5 days on rocket

1506 Oak Tree Dr, Chapel Hill, NC, 27517

$339,000

Home List Price

$4,026*

Closing Credit

3 Bedrooms
2 Full Baths
1,441 SqFt
$235/SqFt
Condo

Location

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1506 Oak Tree Dr, Chapel Hill$339,000

Buyer Closing Credits

$4,026*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1974
HeatingForced Air, Heat Pump
CoolingCentral Air
MLS #10070097
StatusActive

About 1506 Oak Tree Dr

Welcome to 1506 Oak Tree Drive, a beautifully remodeled 3-bedroom, 2-bathroom condo nestled in the serene Oaks community of Chapel Hill. This top-floor unit boasts vaulted ceilings and a corner fireplace, creating a bright and open living space. Sunlight pours in through expansive windows, highlighting the exposed brick accents and unique architectural details. The primary suite features a spacious walk-in closet and a private bath, offering a comfortable retreat. Recent updates include new carpet, vinyl flooring, fresh paint, modern hardware, and contemporary light fixtures, ensuring a move-in-ready experience. Community has a pool and clubhouse. Landscaping is covered by the HOA and the home comes with a designated parking spot Situated in a quiet complex, this condo offers convenient access to local hotspots such as Meadowmont and East 54, as well as the University of North Carolina. Enjoy the perfect blend of tranquility and accessibility in this charming Chapel Hill home.

Property Details

Property Features

Property Information:

  • Architectural Style: Modernist
  • Year Built: 1974
  • Living Area: 1,441 SqFt

Listing Office:

  • Office Name: McClure Group Realty LLC
  • Office Phone: (704) 388-2106
  • Listing Agent: Kassia Angela Cody

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use gps

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,000
  • Price Per SqFt: $235/SqFt

HOA Fees:

  • Amount: $410
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chapel Hill, NC.

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Chapel Hill, NC

City

Med. Sold Price

$679.8K

Med. Price/SqFt

$278

Avg. Days On Market

46

# of Sold Homes

70

1506 Oak Tree Dr vs Chapel Hill

5 DAYS ON ROCKET

-41 Days

$339,000

-$340.8K Less

$235/SqFt

-$44 Less

KEY TAKEAWAY

This property is $340.8K less than the Median Sold Price and $44/SqFt less than other homes in Chapel Hill, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10070097

Listing Office:

  • Office Name: McClure Group Realty LLC
  • Office Phone: (704) 388-2106
  • Listing Agent: Kassia Angela Cody

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/15/2025, 9:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,169

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,083

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2567660
6
/10

  • Glenwood Elementary School

  • 2 Prestwick Rd

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-2567661
7
/10

  • Rashkis Elementary School

  • 601 Meadowmont Ln

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-2567662
8
/10

  • Ephesus Elementary School

  • 1495 Ephesus Church Rd

  • 1.77 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,799. The majority of Chapel Hill, NC residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1506 Oak Tree Dr

What is the listing price of this property?

The listing price of 1506 Oak Tree Dr property is $339,000.

What type of property is this?

The property 1506 Oak Tree Dr is a condo located in Chapel Hill, North Carolina, 27517.

Is this property for sale now?

Active Listing: 1506 Oak Tree Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1506 Oak Tree Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1506 Oak Tree Dr is 1,441 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1506 Oak Tree Dr is 1974.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27517›1506 Oak Tree Dr

This home is located at 1506 Oak Tree Dr in Chapel Hill, NC and zip code 27517 in the The Oaks neighborhood. This 1,441 square foot home was built in 1974. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $339,000.

While more than 15 listings in Chapel Hill, NC in December 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 42 were sold below. The number of homes for sale in Chapel Hill, NC decreased by 15.8% between November 2024 and December 2024. In December 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $679,833.

From Rocket Homes Real Estate and based on county public records data.

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