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Off market
    • $402,800

    500 S Merritt Mill Rd, Chapel Hill, NC 27516

    3beds
    948sqft
    SingleFamily
    Built in 1955
    10,454 Square Feet Lot
    $402,800 Zestimate®
    $425/sqft
    $2,053 Estimated rent

    Home value

    $402,800

    $371,000 - $435,000

    $2,053/mo

    Zestimate® history
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    What's special

    Location - Investor opportunity - Walk to UNC - Franklin St. - Estate sale - house and adjoining lot being sold together - AS IS - This property is a true rehab with great potential but there is a lot of work needed. - 3 bedroom and 1 bath with an additional large bedroom and full bath accessible through sunroom and not counted in square footage. Adjacent lot- currently being used for parking. - Hardwood floors in bedrooms and living area and under vinyl in kitchen.- Renovation loan available

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 948 sqft

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Size: 10,454 Square Feet
    Details
    • Parcel number: 9788048794

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Masonry
    • Roof: Shake / Shingle
    Condition
    • Year built: 1955

    Community & HOA

    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $425/sqft
    • Tax assessed value: $341,000
    • Annual tax amount: $4,604

    Price history

    DateEventPrice
    12/15/2017Sold$242,000-13.6%$255/sqft
    Source: Doorify MLS #2142115 Report a problem
    10/23/2017Pending sale$280,000$295/sqft
    Source: Fonville Morisey/Chapel Hill Sales Office #2142115 Report a problem
    8/18/2017Listed for sale$280,000$295/sqft
    Source: Fonville Morisey/Chapel Hill Sales Office #2142115 Report a problem
    7/27/2017Pending sale$280,000$295/sqft
    Source: Fonville Morisey/Chapel Hill Sales Office #2142115 Report a problem
    7/25/2017Listed for sale$280,000$295/sqft
    Source: Fonville Morisey/Chapel Hill Sales Office #2142115 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,604 +21.8%$341,000 +57.7%
    2024$3,782 +2.7%$216,200
    2023$3,683 +4.2%$216,200
    2022$3,533 +1.3%$216,200
    2021$3,489 +0.5%$216,200 +7%
    2020$3,472 $202,000
    2018$3,472 +2.5%$202,000
    2017$3,388 +31.2%$202,000 +34.2%
    2016$2,583 $150,518
    2015$2,583 +1.7%$150,518
    2014$2,540 $150,518
    2013-- $150,518
    2012-- $150,518
    2011-- $150,518
    2010-- $150,518
    2009-- $150,518 +20.7%
    2008$2,090 +3.8%$124,733
    2007$2,013 +4.2%$124,733
    2006$1,931 $124,733
    2005$1,931 +37.9%$124,733 +47.3%
    2004$1,401 +3.6%$84,654
    2003$1,353 +1.5%$84,654
    2002$1,333 +4.2%$84,654
    2001$1,279 +44.3%$84,654 +64.9%
    2000$886 $51,328
    Find assessor info on the county website

    Neighborhood: Pine Knolls

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CH/Carrboro - Northside
    • Middle: CH/Carrboro - McDougle
    • High: CH/Carrboro - Chapel Hill

    Source: The 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
    $402,800
    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
    $402,800

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