new - 2 days on rocket

500 Umstead Dr Unit 203-C, Chapel Hill, NC, 27516

$194,500

Home List Price

$2,310*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
885 SqFt
$220/SqFt
Condo

Location

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500 Umstead Dr Unit 203-C, Chapel Hill$194,500

Buyer Closing Credits

$2,310*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1972
HeatingElectric
CoolingCentral Air
Private PoolYes
MLS #10061497
StatusActive

About 500 Umstead Dr Unit 203-C

This beautiful unit includes 2 bedrooms and 1.5 bathrooms. The open floor plan features a spacious living and dining area, highlighted by stylish built-in shelving in the living room, perfect for showcasing decor and providing extra storage. You can enjoy access to a large covered patio through sliding doors, offering a lovely view of the neighborhood. The kitchen is fully equipped with modern appliances, ample cabinet and counter space, and a generously sized pantry. There's plenty of natural light throughout, along with central air conditioning and heating. A hallway leads from the living area to two roomy bedrooms, a full bathroom, and additional storage closets. The larger primary bedroom includes its own half bath and a spacious walk-in closet. This unit also offers two dedicated end-to-end parking spaces. Residents have the convenience of a nearby swimming pool and access to a laundry facility on-site. For those who enjoy outdoor activities, the adjacent tennis and basketball courts are a great option, as well as the local attractions like Umstead Park and Bolin Creek Trail. In addition to the monthly HOA dues, there is a temporary monthly special assessment of $138.50 for the roof replacement. This assessment began in February 2024 and will continue for a total of 18 months.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1972
  • Living Area: 885 SqFt

Listing Office:

  • Office Name: Dunlap Lilley Properties
  • Office Phone: (919) 967-9992
  • Listing Agent: Beth Akers, Jim Lilley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Oven, Refrigerator
  • Flooring Type: Laminate, Tile, Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Patio

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Chapel Hill High School, Public District Grades 9-12
  • Smith Middle School, Public District Grades 6-8
  • Carrboro Elementary School, Public District Grades PK-5
  • Seawell Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Estes Drive turn onto Umstead Drive. Make a left to enter the community and drive to the back of building C. Parking is available behind the building. You can park in the space marked 203C or in visitor parking.

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,500
  • Price Per SqFt: $220/SqFt

HOA Fees:

  • Amount: $236
  • 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

$679.2K

Med. Price/SqFt

$278

Avg. Days On Market

41

# of Sold Homes

77

500 Umstead Dr Unit 203-C vs Chapel Hill

2 DAYS ON ROCKET

-39 Days

$194,500

-$484.7K Less

$220/SqFt

-$58 Less

KEY TAKEAWAY

This property is $484.7K less than the Median Sold Price and $58/SqFt less than other homes in Chapel Hill, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10061497

Listing Office:

  • Office Name: Dunlap Lilley Properties
  • Office Phone: (919) 967-9992
  • Listing Agent: Beth Akers, Jim Lilley

IDX Copyright © 2024 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: 11/4/2024, 3:20:57 PM 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

$1,274

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$650

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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.

Elementary School

school-card-donut-1640679
6
/10

  • Carrboro Elementary School

  • 400 Shelton St

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-1640680
8
/10

  • Seawell Elementary School

  • 9115 Seawell School Rd

  • 1.40 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1640681
7
/10

  • Smith Middle School

  • 9201 Seawell School Rd

  • 1.47 miles

  • Public District Grades 6-8

High School

school-card-donut-1640682
8
/10

  • Chapel Hill High School

  • 1709 High School Rd

  • 1.75 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,720. The majority of Chapel Hill, NC residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Umstead Dr Unit 203-C

What is the listing price of this property?

The listing price of 500 Umstead Dr Unit 203-C property is $194,500.

What type of property is this?

The property 500 Umstead Dr Unit 203-C is a condo located in Chapel Hill, North Carolina, 27516.

Is this property for sale now?

Active Listing: 500 Umstead Dr Unit 203-C is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 500 Umstead Dr Unit 203-C are:
Carrboro Elementary School: GreatSchools Rating 6/10
Seawell Elementary School: GreatSchools Rating 8/10
Smith Middle School: GreatSchools Rating 7/10
Chapel Hill High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 500 Umstead Dr Unit 203-C has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 Umstead Dr Unit 203-C is 885 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Umstead Dr Unit 203-C is 1972.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27516›500 Umstead Dr Unit 203-C

This home is located at 500 Umstead Dr Unit 203-C in Chapel Hill, NC and zip code 27516. This 885 square foot home was built in 1972. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $194,500.

In October 2024 more than 21 listings in Chapel Hill, NC were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 42 were sold below. Between September 2024 and October 2024, Chapel Hill, NC real estate market has seen increase in the number of listings by 4.6%. In October 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $679,296.

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

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