3 months on rocket

500 Umstead Dr Unit 205C, Chapel Hill, NC, 27516

$195,000

Home List Price

$2,316*

Closing Credit

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

Location

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500 Umstead Dr Unit 205C, Chapel Hill$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1972
HeatingHeat Pump
CoolingCentral Air
MLS #10031839
Lot Size0.25 Acres
StatusActive

About 500 Umstead Dr Unit 205C

Move-in ready second floor condo in the heart of Chapel Hill! You can't beat this location for convenience to UNC, Carrboro & shopping. Recently painted. Enjoy a balcony off of the LR. Enjoy the pool & tennis, and the convenience of on-site laundry. 2 assigned parking spots. Hike on the Bolin Creek Trail nearby. Investors welcome.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Howard Perry & Walston Realtor
  • Office Phone: (919) 467-1882
  • Listing Agent: Richard Jordan Edinger

Interior Features

Interior Information:

  • Flooring Type: Carpet, Luxury Vinyl

Bedroom and Bathroom Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • 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 86, right on Estes Dr., left on Umstead Dr, community is on left. Go all the way to back, Building C is first on the corner, park in spacemarked C205 and you can walk straight to breezway

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • 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

$655K

Med. Price/SqFt

$274

Avg. Days On Market

36

# of Sold Homes

77

500 Umstead Dr Unit 205C vs Chapel Hill

111 DAYS ON ROCKET

+75 Days

$195,000

-$460K Less

$220/SqFt

-$55 Less

KEY TAKEAWAY

This property is $460K less than the Median Sold Price and $55/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: #10031839

Listing Office:

  • Office Name: Howard Perry & Walston Realtor
  • Office Phone: (919) 467-1882
  • Listing Agent: Richard Jordan Edinger

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: 9/16/2024, 2:20:59 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.

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$1,277

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-2327722
6
/10

  • Carrboro Elementary School

  • 400 Shelton St

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-2327723
8
/10

  • Seawell Elementary School

  • 9115 Seawell School Rd

  • 1.40 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2327724
7
/10

  • Smith Middle School

  • 9201 Seawell School Rd

  • 1.47 miles

  • Public District Grades 6-8

High School

school-card-donut-2327725
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. Residents of Chapel Hill, NC typically earn between $35k-100k each year. The majority of 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 205C

What is the listing price of this property?

The listing price of 500 Umstead Dr Unit 205C property is $195,000.

What type of property is this?

The property 500 Umstead Dr Unit 205C is a condo located in Chapel Hill, North Carolina, 27516.

Is this property for sale now?

Active Listing: 500 Umstead Dr Unit 205C 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 205C 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 205C has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 Umstead Dr Unit 205C is 885 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Umstead Dr Unit 205C is 1972.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27516›500 Umstead Dr Unit 205C

This home is located at 500 Umstead Dr Unit 205C in Chapel Hill, NC and zip code 27516. This 885 square foot home, which was built in 1972, sits on a 0.25 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $195,000.

Chapel Hill, NC housing market in August 2024 saw over 26 listings sold above listed price, more than 12 sold at listed price and over 39 sold below. Between July 2024 and August 2024, Chapel Hill, NC real estate market has seen decrease in the number of listings by 2.8%. In August 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $655,000.

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

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