This condo is updated throughout and is as crisp and clean as a fresh set of sheets. The end unit location means there is plenty of room for the grill and lawn chairs and a lot less worry about your neighbor's music taste or nocturnal habits when the clocks spring forward. Exposed brick lends an earthy element to a light filled living room, where a French door provides ingress and egress for cool Spring breezes and pupper trips. Brand spanking new flooring throughout provides the base layer upon which upgrades to painting, fixtures, and hardware take root. Upstairs, the floor plan provides each bedroom with its own bathroom, and downstairs, a stylish and bright half bath offers a convenient respite for guests. For investors, this unit is perfectly suited for a thriving rental market due to its convenient location to all things UNC and Chapel Hill. Condos like this don't sprout up in the market all that often, so don't miss out!
Sold for $315,000
$315,000
506 Oak Tree Dr, Chapel Hill, NC 27517
2beds
1,137sqft
Condominium, Residential
Built in 1974
-- sqft lot
$307,100 Zestimate®
$277/sqft
$1,690 Estimated rent
Home value
$307,100
$292,000 - $326,000
$1,690/mo
Zestimate® history
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List your homeWhat's special
Bright half bathExposed brickPlenty of roomLawn chairsFrench door
Zillow last checked:
Listing updated:
Listed by:
Nata Bozymski 919-593-0554,
Inhabit Real Estate,
Alison J Domnas 919-260-4324,
Inhabit Real Estate
Bought with:
Dylan Hale, 273562
Keller Williams Elite Realty
Source: Doorify MLS,MLS#: 10016000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Laundry: In Hall
Features
- Ceiling Fan(s), Granite Counters, Smooth Ceilings
- Flooring: Carpet, Vinyl, Tile
- Common walls with other units/homes: 1 Common Wall, End Unit
Interior area
- Total structure area: 1,137
- Total interior livable area: 1,137 sqft
- Finished area above ground: 1,137
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Private Entrance, Rain Gutters, Storage
- Has view: Yes
Details
- Parcel number: 9798451394.031
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Brick Veneer, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1974
Community & HOA
Community
- Subdivision: The Oaks
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Insurance, Landscaping, Maintenance Grounds, Management, Parking, Pool, Water
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $315,600
- Annual tax amount: $3,033
- Date on market: 3/8/2024
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2024 | Sold | $315,000$277/sqft |
Source:  Doorify MLS #10016000 Report a problem | ||
| 3/11/2024 | Pending sale | $315,000$277/sqft |
Source: Doorify MLS #10016000 Report a problem | ||
| 3/11/2024 | Contingent | $315,000$277/sqft |
Source: Doorify MLS #10016000 Report a problem | ||
| 3/8/2024 | Listed for sale | $315,000+78.5%$277/sqft |
Source: Doorify MLS #10016000 Report a problem | ||
| 9/3/2020 | Sold | $176,500+13.1%$155/sqft |
Source: Public Record Report a problem | ||
| 7/1/2008 | Sold | $156,000+11.4%$137/sqft |
Source: Public Record Report a problem | ||
| 6/10/2005 | Sold | $140,000+22.3%$123/sqft |
Source: Public Record Report a problem | ||
| 5/24/2002 | Sold | $114,500$101/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,270 +36.6% | $315,600 +79.1% |
| 2024 | $3,127 +3.1% | $176,200 |
| 2023 | $3,034 +4.2% | $176,200 |
| 2022 | $2,912 +0.6% | $176,200 |
| 2021 | $2,894 +25% | $176,200 +34.8% |
| 2020 | $2,314 | $130,700 |
| 2018 | $2,314 +2.5% | $130,700 |
| 2017 | $2,259 -13.3% | $130,700 -14% |
| 2016 | $2,604 | $151,910 |
| 2015 | $2,604 +2.4% | $151,910 |
| 2014 | $2,542 | $151,910 |
| 2013 | -- | $151,910 |
| 2012 | -- | $151,910 |
| 2011 | -- | $151,910 |
| 2010 | -- | $151,910 |
| 2009 | -- | -- |
| 2008 | $2,033 +3.8% | $121,345 |
| 2007 | $1,958 | $121,345 |
| 2006 | -- | $121,345 |
| 2005 | -- | $121,345 +10.8% |
| 2004 | $1,813 +3.6% | $109,544 |
| 2003 | $1,751 | $109,544 |
| 2002 | -- | $109,544 |
| 2001 | $1,655 +4.9% | $109,544 +19.9% |
| 2000 | $1,577 | $91,333 |
Find assessor info on the county website
Neighborhood: 27517
Nearby homes
- $---- bd-- ba-- sqft504 Oak Tree Dr, Chapel Hill, NC 27517Off Market
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Nearby schools
GreatSchools rating
- 8/10Mel And Zora Rashkis Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Grey Culbreth Middle SchoolGrades: 6-8Distance: 2.9 mi
- 9/10East Chapel Hill High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: CH/Carrboro - Rashkis
- Middle: CH/Carrboro - Grey Culbreth
- High: CH/Carrboro - East Chapel Hill
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
$307,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$307,100
- North Carolina
- Orange County
- Chapel Hill
- 27517
- 506 Oak Tree Dr
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