Condo in the heart of Chapel Hill / Carrboro. Walk to Umstead Park, free bus, and Bolin Creek Trail. Five minute drive to campus. Live-in or rent-out for $900/mo with on-site property management, laundry facility, swimming pool, tennis, and basketball courts. Two dedicated parking spaces. Master BR has 1/2-bath and walk-in closet. Ample closet space in hall, 2nd BR, and kitchen.
Bolinwood Condominiums are the best value in Chapel Hill and have appreciated strongly as a result - compare recent sales & Zestimates to values just five years ago. This unit is a 6% cap at asking price and has averaged more than 12% annual value appreciation, making it a fantastic investment.
Owner-occupied since 2018, now for sale by owner - call Aaron 631-987-9993. Happy to work with buyer's agents.
Sold for $169,000
$169,000
500 Umstead Dr #C, Chapel Hill, NC 27516
2beds
955sqft
Condo
Built in 1972
-- sqft lot
$175,400 Zestimate®
$177/sqft
$1,453 Estimated rent
Home value
$175,400
$163,000 - $189,000
$1,453/mo
Zestimate® history
Owner options
List your home for rent
$1,453/mo
Rent Zestimate®
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$1,453/mo
Rent Zestimate®
Refinance and save
$1,280/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,280/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 955 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 1 Acres
Details
- Parcel number: 9789014199039
Construction
Type & style
- Home type: Condo
Materials
- masonry
- Foundation: Slab
- Roof: Asphalt
Condition
- Year built: 1972
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $205 monthly
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $177,700
- Annual tax amount: $2,484
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Sold | $169,000+55%$177/sqft |
Source: Public Record Report a problem | ||
| 2/1/2021 | Sold | $109,000-3.1%$114/sqft |
Source: Public Record Report a problem | ||
| 1/21/2021 | Pending sale | $112,500$118/sqft |
Source: Owner Report a problem | ||
| 1/13/2021 | Price change | $112,500-4.3%$118/sqft |
Source: Owner Report a problem | ||
| 12/10/2020 | Listed for sale | $117,500+117.6%$123/sqft |
Source: Owner Report a problem | ||
| 12/22/2014 | Sold | $54,000$57/sqft |
Source: Doorify MLS #1978497 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,484 +44.5% | $177,700 +92.1% |
| 2024 | $1,720 +2.4% | $92,500 |
| 2023 | $1,680 +4% | $92,500 |
| 2022 | $1,616 +1.2% | $92,500 |
| 2021 | $1,597 +27.2% | $92,500 +40.8% |
| 2020 | $1,255 | $65,700 |
| 2018 | $1,255 +3% | $65,700 |
| 2017 | $1,219 -8.8% | $65,700 -11.1% |
| 2016 | $1,336 | $73,867 |
| 2015 | $1,336 +4.5% | $73,867 |
| 2014 | $1,278 | $73,867 |
| 2013 | -- | $73,867 |
| 2012 | -- | $73,867 |
| 2011 | -- | $73,867 |
| 2010 | -- | $73,867 |
| 2009 | -- | -- |
| 2008 | $1,158 +3.8% | $69,136 |
| 2007 | $1,116 +4.2% | $69,136 |
| 2006 | $1,071 | $69,136 |
| 2005 | $1,071 -0.4% | $69,136 +6.5% |
| 2004 | $1,075 +3.6% | $64,892 |
| 2003 | $1,037 +1.5% | $64,892 |
| 2002 | $1,022 +4.2% | $64,892 |
| 2001 | $981 +31.8% | $64,892 +50.5% |
| 2000 | $744 | $43,107 |
Find assessor info on the county website
Neighborhood: 27516
Nearby homes
- $198,0003 bd2 ba1.2k sqft500 Umstead Dr BUILDING A, Chapel Hill, NC 27516Off Market
- $200,2003 bd2 ba1.2k sqft500 Umstead Dr BUILDING A, Chapel Hill, NC 27516Off Market
- $203,1003 bd2 ba1.2k sqft500 Umstead Dr BUILDING A, Chapel Hill, NC 27516Off Market
- $240,1003 bd2 ba1.2k sqft500 Umstead Dr APT A104, Chapel Hill, NC 27516Off Market
- $175,0003 bd2 ba1.2k sqft500 Umstead Dr BUILDING A, Chapel Hill, NC 27516Sold
- $226,7003 bd2 ba1.2k sqft500 Umstead Dr BUILDING A, Chapel Hill, NC 27516Off Market
- $204,5003 bd2 ba1.2k sqft500 Umstead Dr BUILDING A, Chapel Hill, NC 27516Sold
- $262,6003 bd2 ba1.2k sqft500 Umstead Dr BUILDING A, Chapel Hill, NC 27516Off Market
- $224,4003 bd2 ba1.2k sqft500 Umstead Dr BUILDING A, Chapel Hill, NC 27516Off Market
Nearby schools
GreatSchools rating
- 6/10Elizabeth Seawell Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 8/10R D And Euzelle Smith Middle SchoolGrades: 6-8Distance: 1.4 mi
- 9/10Chapel Hill High SchoolGrades: 9-12Distance: 1.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$175,400
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
$175,400
- North Carolina
- Orange County
- Chapel Hill
- 27516
- 500 Umstead Dr Unit C
