For sale

$700,000

242 Hales Wood Rd, Chapel Hill, NC 27517

3beds

2,328sqft

$4,558/mo

Get pre-qualified

Single Family Residence

Built in 2010

8,276 Square Feet Lot

$684,600 Zestimate^®

$301/sqft

$180/mo HOA

What's special

Easy one-level livingNew carpetingAll-brick homesSpacious upstairs bonus roomFresh interior paintThree main-level bedroomsEntry from the garage

Welcome to low-maintenance living in an intimate 55+ Chapel Hill-Durham County community of just 69 all-brick homes. Designed for easy one-level living, this inviting home features zero-entry access throughout the main level, including entry from the garage, and three main-level bedrooms. A spacious upstairs bonus room provides flexible space for guests, hobbies, or a private retreat. Fresh interior paint and new carpeting enhance the home's move-in-ready appeal. The porch features a retractable Phantom screen for flexible open-air or screened enjoyment. Community amenities include a walking trail, while HOA dues cover lawn care and select landscape maintenance. Residents may also enjoy Downing Creek amenities through an agreement that must be renewed periodically, including a swimming pool, ponds, tennis courts, and playground. Conveniently located near I-40, UNC, Duke, shopping, dining, and medical facilities. Over 55 neighborhood. House is easy to show.

5 days
594
19

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 241.74 Square Feet
Dimensions: 15.8 x 15.3

Bedroom 2

Level: Main
Area: 146.9 Square Feet
Dimensions: 13.0 x 11.3

Bedroom 3

Level: Main
Area: 124.3 Square Feet
Dimensions: 11.3 x 11.0

Bonus room

Level: Second
Area: 219.6 Square Feet
Dimensions: 18.3 x 12.0

Dining room

Level: Main
Area: 189.75 Square Feet
Dimensions: 16.5 x 11.5

Other

Level: Main
Area: 58.48 Square Feet
Dimensions: 8.6 x 6.8

Family room

Level: Main
Area: 438.6 Square Feet
Dimensions: 25.8 x 17.0

Kitchen

Level: Main
Area: 160.2 Square Feet
Dimensions: 17.8 x 9.0

Laundry

Level: Main
Area: 53.68 Square Feet
Dimensions: 8.8 x 6.1

Other

Description: screened porch
Level: Main
Area: 148.84 Square Feet
Dimensions: 12.2 x 12.2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Disposal, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Water Heater, Oven, Plumbed For Ice Maker, Refrigerator, Washer
Laundry: Inside, Laundry Room, Main Level

Features

Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Recessed Lighting, Walk-In Closet(s)
Flooring: Carpet, Hardwood, Tile
Windows: Double Pane Windows, Insulated Windows, Screens
Number of fireplaces: 1
Fireplace features: Gas Log
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,328
Total interior livable area: 2,328 sqft
Finished area above ground: 2,328
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached, Driveway, Garage Faces Front, Garage, Garage Door Opener
Garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Entrance, Accessible Full Bath, Accessible Kitchen Appliances, Central Living Area

Features

Levels: One and One Half
Stories: 1
Patio & porch: Covered, Rear Porch, Screened, See Remarks
Exterior features: Private Yard, Rain Barrel/Cistern(s), Rain Gutters

Lot

Size: 8,276 Square Feet
Dimensions: 77 x 130 x 48 x 130
Features: Landscaped, Hardwood Trees

Details

Parcel number: 211844
Zoning: PDR
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick Veneer, Shake Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 2010

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities

Community & HOA

Community

Features: Park, Playground, Pool, Sidewalks, Tennis Court(s)
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Chapelwood

HOA

Has HOA: Yes
Amenities included: Landscaping, Maintenance Grounds, Management, Trail(s)
Services included: Insurance, Maintenance Grounds
HOA fee: $180 monthly
HOA name: Chapelwood HOA
HOA phone: 919-847-3003

Location

Region: Chapel Hill

Financial & listing details

Price per square foot: $301/sqft
Tax assessed value: $704,911
Annual tax amount: $7,164
Date on market: 10/28/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$684,600

$650,000 - $719,000

$3,009/mo

Price history

Date	Event	Price
10/28/2026	Listed for sale	$700,000-2.7%$301/sqft
Source: Doorify MLS #10200637 Report a problem
9/22/2026	Listing removed	$719,500$309/sqft
Source: Doorify MLS #10165268 Report a problem
8/30/2026	Price change	$719,500-4%$309/sqft
Source: Doorify MLS #10165268 Report a problem
8/9/2026	Listed for sale	$749,500$322/sqft
Source: Doorify MLS #10165268 Report a problem
7/15/2026	Listing removed	$749,500$322/sqft
Source: Doorify MLS #10165268 Report a problem
5/30/2026	Price change	$749,500-2.7%$322/sqft
Source: Doorify MLS #10165268 Report a problem
5/6/2026	Listed for sale	$770,000+450%$331/sqft
Source: Doorify MLS #10165268 Report a problem
6/28/2010	Sold	$140,000$60/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,988 +9.1%	$704,911 +53.5%
2024	$6,404 +6.5%	$459,123
2023	$6,014 +2.3%	$459,123
2022	$5,876 +0.5%	$459,123
2021	$5,849 +2.4%	$459,123
2020	$5,711	$459,123
2019	$5,711	$459,123 +0.8%
2018	$5,711 -6.9%	$455,558
2017	$6,134 +3.5%	$455,558
2016	$5,927	$455,558 +24%
2015	$5,927 +16.5%	$367,386
2014	$5,086	$367,386
2013	--	$367,386
2012	--	$367,386
2011	$4,789	$367,386