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Sold for $400,000
  • $400,000

    500 Marvin Edwards Ln, Chapel Hill, NC 27517

    2beds
    1,218sqft
    Single Family Residence, Residential
    Built in 1986
    1.3 Acres Lot
    $398,000 Zestimate®
    $328/sqft
    $1,691 Estimated rent

    Home value

    $398,000

    $362,000 - $438,000

    $1,691/mo

    Zestimate® history
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    What's special

    Wonderful kitchenVery large deckTucked in the woodsPlenty of natural light
    Gather with friends, celebrate, dance, cook great meals, garden, or just relax on the deck beneath the stars. This adorable home on 1.3 acres is tucked in the woods just five miles from UNC. This home offers a wonderful kitchen, open living areas, a very large deck, and plenty of natural light. Seller intends for buyer to also purchase the adjoining lot which had a 4-bedroom perk. Lot is a land listing on 2.25 acres with MLS #10151264 priced at $230K. Come live the Good Life.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric White 919-360-2935,

    Coldwell Banker Advantage

    Bought with:

    Christine Martin, 307063

    Redfin Corporation

    Source: Doorify MLS,MLS#: 10151265MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central, Forced Air, Heat Pump, Wood Stove
    Cooling
    • Central Air, Whole House Fan
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer
    • Laundry: Laundry Closet
    Features
    • Flooring: Carpet, Tile, Wood
    Interior area
    • Total structure area: 1,218
    • Total interior livable area: 1,218 sqft
    • Finished area above ground: 1,218
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch
    • Has view: Yes
    Lot
    • Size: 1.3 Acres
    Details
    • Parcel number: 977601273095
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Transitional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $328/sqft
    • Tax assessed value: $246,756
    • Annual tax amount: $1,889
    • Date on market: 3/7/2026
    • Road surface type: Gravel

    Price history

    DateEventPrice
    4/24/2026Sold$400,000+5.3%$328/sqft
    Source: Doorify MLS #10151265 Report a problem
    3/12/2026Pending sale$380,000$312/sqft
    Source: Doorify MLS #10151265 Report a problem
    3/7/2026Listed for sale$380,000$312/sqft
    Source: Doorify MLS #10151265 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,889 +22.7%$246,756 +50%
    2024$1,540 +15.2%$164,458
    2023$1,337 +3.8%$164,458
    2022$1,288 +1.3%$164,458
    2021$1,271 +13.7%$164,458 +14.5%
    2020$1,118 +5.7%$143,688
    2019$1,058 -10%$143,688
    2017$1,176 $143,688 +3.5%
    2016$1,176 +2.4%$138,851
    2015$1,148 +3.4%$138,851
    2014$1,111 $138,851
    2013$1,111 $138,851
    2012-- $138,851
    2011-- $138,851
    2010-- $138,851
    2009-- $138,851 +21.3%
    2008-- $114,509
    2007$809 +7.5%$114,509
    2005$752 $114,509
    Find assessor info on the county website

    Neighborhood: 27517

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chatham - Chatham Grove
    • Middle: Chatham - Margaret B Pollard
    • High: Chatham - Seaforth

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $398,000
    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
    $398,000