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.
Closed
$324,500
1506 Oak Tree Dr, Chapel Hill, NC 27517
3beds
1,571sqft
Condominium
Built in 1974
-- sqft lot
$349,700 Zestimate®
$207/sqft
$2,476 Estimated rent
Home value
$349,700
$322,000 - $378,000
$2,476/mo
Zestimate® history
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$2,398/mo
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Est. payment
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Corner fireplaceModern hardwareContemporary light fixturesExposed brick accentsVaulted ceilingsFresh paintUnique architectural details
Zillow last checked:
Listing updated:
Listed by:
Oliver Evans oevans@mccluregrouprealty.com,
McClure Group Realty LLC
Bought with:
Non Member
Canopy Administration
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4211322
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Main
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Has basement: No
- Fireplace features: Family Room
Interior area
- Total structure area: 1,571
- Total interior livable area: 1,571 sqft
- Finished area above ground: 1,571
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned, Parking Space(s)
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Balcony, Covered
Details
- Parcel number: 9798451394101
- Zoning: R-1A/R-4
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick Full
- Foundation: None
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: County Sewer
- Water: County Water
Community & HOA
Community
- Subdivision: The Oaks
HOA
- Has HOA: Yes
- HOA fee: $410 monthly
- HOA name: The Oaks Owners Association
- HOA phone: 910-295-3791
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $185,400
- Annual tax amount: $4,336
- Date on market: 1/9/2025
- Cumulative days on market: 16 days
- Road surface type: None, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $324,500-4.3%$207/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4211322 Report a problem | ||
| 1/25/2025 | Pending sale | $339,000$216/sqft |
Source: Canopy MLS as distributed by MLS GRID #4211322 Report a problem | ||
| 1/9/2025 | Listed for sale | $339,000-2%$216/sqft |
Source: Canopy MLS as distributed by MLS GRID #4211322 Report a problem | ||
| 12/30/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/23/2024 | Listed for sale | $346,000+108.4%$220/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/24/2018 | Listing removed | $1,550$1/sqft |
Source: Owner Report a problem | ||
| 2/17/2018 | Price change | $1,550-8.6%$1/sqft |
Source: Owner Report a problem | ||
| 12/5/2017 | Listed for rent | $1,695$1/sqft |
Source: Owner Report a problem | ||
| 9/9/2015 | Sold | $166,000-7.8%$106/sqft |
Source: Public Record Report a problem | ||
| 2/1/2011 | Sold | $180,000-4.8%$115/sqft |
Source: Doorify MLS #1757954 Report a problem | ||
| 12/10/2010 | Price change | $189,000-2.1%$120/sqft |
Source: Lynn Hayes Properties #1757954 Report a problem | ||
| 6/25/2010 | Listed for sale | $193,000+13.2%$123/sqft |
Source: Lynn Hayes Properties Report a problem | ||
| 8/10/2007 | Sold | $170,500+24%$109/sqft |
Source: Public Record Report a problem | ||
| 8/14/2000 | Sold | $137,500$88/sqft |
Source: Doorify MLS #550691 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,336 +32.8% | $320,700 +73% |
| 2024 | $3,266 +2.6% | $185,400 |
| 2023 | $3,181 +4.2% | $185,400 |
| 2022 | $3,053 +1.3% | $185,400 |
| 2021 | $3,015 +4.1% | $185,400 +11.2% |
| 2020 | $2,895 | $166,700 |
| 2018 | $2,895 +2.5% | $166,700 |
| 2017 | $2,824 -2.8% | $166,700 -2.4% |
| 2016 | $2,904 | $170,761 |
| 2015 | $2,904 +2.1% | $170,761 |
| 2014 | $2,846 | $170,761 |
| 2013 | -- | $170,761 |
| 2012 | -- | $170,761 |
| 2011 | -- | $170,761 |
| 2010 | -- | $170,761 |
| 2009 | -- | -- |
| 2008 | -- | $139,709 |
| 2007 | $2,254 +4.2% | $139,709 |
| 2006 | $2,163 | $139,709 |
| 2005 | $2,163 +3.5% | $139,709 +10.6% |
| 2004 | $2,091 +3.6% | $126,351 |
| 2003 | $2,019 +1.5% | $126,351 |
| 2002 | $1,990 +4.2% | $126,351 |
| 2001 | $1,909 | $126,351 +31% |
| 2000 | -- | $96,473 |
Find assessor info on the county website
Neighborhood: 27517
Nearby homes
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- $1,7953 bd2 ba-- sqft204 Oak Tree Dr, Chapel Hill, NC 27517For Rent
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Nearby schools
GreatSchools rating
- 8/10Mel And Zora Rashkis Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Grey Culbreth Middle SchoolGrades: 6-8Distance: 3 mi
- 9/10East Chapel Hill High SchoolGrades: 9-12Distance: 3.7 mi
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Estimated market value
$349,700
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Estimated market value
$349,700
- North Carolina
- Orange County
- Chapel Hill
- 27517
- 1506 Oak Tree Dr
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