For Sale by Owner: 500 MARKET ST UNIT 205, CHAPEL HILL NC 27516. Move-in ready. Light and airy, 2nd floor 2 BR/2 bath 1081 sq ft corner condo in a secured elevator building in the heart of Southern Village. Walk everywhere!
NO CARPETING: Bamboo floors. FRESHLY PAINTED w/ Zero and low VOC paints. 10-FT CEILINGS w/ 3 ceiling fans. 10 WINDOWS face in 3 directions with transoms above for abundant light. NEW SCREENS on all 10 windows for great cross-ventilation. EACH BEDROOM has en suite bathroom and spacious walk-in closet. HILLSIDE VIEWS w/ lots of privacy.
FULLY-EQUIPPED KITCHEN w/ wood cabinets, solid-surface counters and a breakfast bar. APPLIANCES include a full-sized washer and dryer, refrigerator with ice-maker, dishwasher, disposal, electric stove with a self-cleaning oven, and microwave.
20-UNIT BUILDING is primarily owner-occupied and very well-maintained. ON THE VILLAGE GREEN of the award-winning Southern Village community. STROLL to the many locally-owned businesses, restaurants, sidewalk cafes, Weaver St Market (local grocery co-op), the Lumina Movie Theatre, professional offices, medical centers, banks, a pharmacy, a daycare center, gyms, Scroggs Elementary School (Chapel Hill school feeding Culbreth MS, Carrboro HS), and Christ United Methodist Church. There are often concerts (free), events and movies on the lawn in front of our building as well as a seasonal weekly farmers market.
2.5 MILES FROM UNC HOSPITALS. FREE CH TRANSIT BUSES to UNC, UNC Hospitals and the rest of Chapel Hill. WALK TO 72-ACRE SOUTHERN COMMUNITY PARK with trails, dog parks, disc golf, athletic fields, playground, water play area, etc. NEARBY HIKING / BIKING TRAILS: Paved, woodland Fan Branch Trail runs through Southern Village and connects to the Morgan Creek and Merritt Pasture trails.
The $300monthly HOA fees include city water and sewer, trash and recycling pickup, and excellent maintenance of the building and its common areas.
1.5% commission for Buyers' realtor.
Sold for $425,000
$425,000
500 Market St Ste 205, Chapel Hill, NC 27516
2beds
1,081sqft
Condo
Built in 2001
-- sqft lot
$413,500 Zestimate®
$393/sqft
$2,108 Estimated rent
Home value
$413,500
$393,000 - $434,000
$2,108/mo
Zestimate® history
Owner options
List your home for rent
$2,108/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,108/mo
Rent Zestimate®
Refinance and save
$2,853/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,853/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood, Linoleum / Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,081 sqft
Property
Parking
- Parking features: Off-street, On-street
Features
- Exterior features: Stucco, Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 1 Acres
Details
- Parcel number: 9787062083205
Construction
Type & style
- Home type: Condo
Materials
- masonry
- Foundation: Masonry
- Roof: Asphalt
Condition
- Year built: 2001
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $393/sqft
- Tax assessed value: $407,900
- Annual tax amount: $5,423
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $425,000+57.4%$393/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/6/2018 | Sold | $270,000+2.3%$250/sqft |
Source: Public Record Report a problem | ||
| 11/1/2017 | Listing removed | $264,000$244/sqft |
Source: Owner Report a problem | ||
| 9/26/2017 | Listed for sale | $264,000+10%$244/sqft |
Source: Owner Report a problem | ||
| 9/26/2017 | Listing removed | $1,590$1/sqft |
Source: Owner Report a problem | ||
| 9/21/2017 | Listed for rent | $1,590+14.4%$1/sqft |
Source: Owner Report a problem | ||
| 5/14/2015 | Listing removed | $1,390$1/sqft |
Source: Owner Report a problem | ||
| 4/27/2015 | Price change | $1,390-0.7%$1/sqft |
Source: Owner Report a problem | ||
| 3/23/2015 | Listed for rent | $1,400$1/sqft |
Source: Owner Report a problem | ||
| 6/1/2010 | Sold | $240,000-4%$222/sqft |
Source: Public Record Report a problem | ||
| 4/10/2010 | Price change | $250,000-5.7%$231/sqft |
Source: Prudential York Simpson Underwood Realty #1712696 Report a problem | ||
| 3/13/2010 | Listed for sale | $265,000+23.3%$245/sqft |
Source: Prudential York Simpson Underwood Realty #1712696 Report a problem | ||
| 3/30/2005 | Sold | $215,000+35.2%$199/sqft |
Source: Public Record Report a problem | ||
| 12/14/2001 | Sold | $159,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,423 +16.4% | $407,900 +50.2% |
| 2024 | $4,659 +2.8% | $271,500 |
| 2023 | $4,534 +4.3% | $271,500 |
| 2022 | $4,346 +1.3% | $271,500 |
| 2021 | $4,290 -0.7% | $271,500 +5.7% |
| 2020 | $4,321 | $256,900 |
| 2018 | $4,321 +2.3% | $256,900 |
| 2017 | $4,222 +2.5% | $256,900 +3.8% |
| 2016 | $4,118 | $247,533 |
| 2015 | $4,118 +1.4% | $247,533 |
| 2014 | $4,061 | $247,533 |
| 2013 | -- | $247,533 |
| 2012 | -- | $247,533 |
| 2011 | -- | $247,533 |
| 2010 | -- | $247,533 |
| 2009 | -- | -- |
| 2008 | $3,383 +3.8% | $201,886 |
| 2007 | $3,257 | $201,886 |
| 2006 | -- | $201,886 |
| 2005 | -- | $201,886 +33.4% |
| 2004 | $2,505 +3.6% | $151,331 |
| 2003 | $2,418 | $151,331 |
| 2002 | -- | $151,331 |
Find assessor info on the county website
Neighborhood: 27516
Nearby homes
- $494,6003 bd3 ba1.2k sqft500 Market St SUITE 101, Chapel Hill, NC 27516Off Market
- $475,1002 bd2 ba1k sqft500 Market St SUITE 102, Chapel Hill, NC 27516Off Market

- $350,5001 bd2 ba980 sqft500 Market St SUITE 103, Chapel Hill, NC 27516Off Market

- $408,2002 bd2 ba1k sqft500 Market St SUITE 105, Chapel Hill, NC 27516Off Market

- $484,2003 bd2 ba1.2k sqft500 Market St SUITE 106, Chapel Hill, NC 27516Off Market
- $463,7002 bd2 ba1k sqft500 Market St SUITE 201, Chapel Hill, NC 27516Off Market
- $399,8002 bd2 ba1k sqft500 Market St SUITE 202, Chapel Hill, NC 27516Off Market
- $342,5001 bd3 ba900 sqft500 Market St SUITE 203, Chapel Hill, NC 27516Off Market
- $341,6001 bd2 ba930 sqft500 Market St SUITE 204, Chapel Hill, NC 27516Off Market
Nearby schools
GreatSchools rating
- 6/10Mary Scroggs Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Grey Culbreth Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Carrboro High SchoolGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$413,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$413,500
- North Carolina
- Orange County
- Chapel Hill
- 27516
- 500 Market St Ste 205