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Sold for $465,000
  • $465,000

    507 Presque Isle Ln #500, Chapel Hill, NC 27514

    3beds
    2,052sqft
    Condominium, Residential
    Built in 2000
    -- sqft lot
    $452,200 Zestimate®
    $227/sqft
    $2,668 Estimated rent

    Home value

    $452,200

    $412,000 - $497,000

    $2,668/mo

    Zestimate® history
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    What's special

    Outdoor poolBeautifully landscaped communityGranite countertopsLarge laundry roomElectric rangeNew dishwasherNew microwave
    This upscale condo/townhouse offers low maintenance living, allowing you the freedom to come and go as you please. With easy access to UNC, Franklin Street, downtown Chapel Hill, Wegman's, Lowe's, and I-40, you'll be well-connected to all points in the Triangle. Imagine enjoying a morning stroll around the beautifully landscaped community, relaxing with morning tea on the patio, and hosting friends in the open chef's kitchen. After a busy day, you can unwind with a book by the fireplace. The unit is spacious, featuring plenty of storage and an attached one-car garage. It boasts lovely details throughout, including granite countertops, solid wood cabinets, electric range (never used), new dishwasher, new microwave and a gas fireplace. Each of the three bedrooms comes with an en-suite bathroom, and there's a large laundry room with additional closet space and a counter/sink. NEW CARPET, FRESH PAINT THROUGHOUT, NEW HOT WATER HEATER, NEW DISHWASHER, STOVE/OVEN NEVER USED, NEW MICROWAVE The community clubhouse adds to the appeal, offering a gorgeous entertaining area complete with large Flatscreen, separate dining /conference table, gym, pool room, a kitchen, and an outdoor pool. Master insurance covers the exterior- covered by rhe HOA. LOCATION CANNOT BE BEAT!

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara B Pater 919-218-2796,

    Coldwell Banker Advantage

    Bought with:

    Dave Wylie, 287116

    Compass -- Chapel Hill - Durham

    Source: Doorify MLS,MLS#: 10088762MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
    Features
    • Flooring: Carpet, Hardwood, Tile
    • Number of fireplaces: 2
    • Fireplace features: Bedroom, Gas, Gas Log, Living Room
    • Common walls with other units/homes: 1 Common Wall, End Unit, No One Above
    Interior area
    • Total structure area: 2,052
    • Total interior livable area: 2,052 sqft
    • Finished area above ground: 2,052
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached, Open
    • Attached garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Levels: Bi-Level
    • Stories: 1
    • Pool features: Community
    • Has view: Yes
    Details
    • Parcel number: 9890500795.507
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Modern
    • Property subtype: Condominium, Residential
    • Attached to another structure: Yes
    Materials
    • Brick, Concrete, Fiber Cement, Stone Veneer
    • Foundation: Concrete, Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Pool
    • Subdivision: Presque Isle Villas
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Clubhouse, Fitness Center, Game Room, Landscaping, Maintenance, Maintenance Grounds, Parking, Pool, Water
    • Services included: Maintenance Grounds, Maintenance Structure, Pest Control, Water
    • HOA fee: $605 monthly
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $464,200
    • Annual tax amount: $5,295
    • Date on market: 4/11/2025

    Price history

    DateEventPrice
    5/20/2025Sold$465,000$227/sqft
    Source: Doorify MLS #10088762 Report a problem
    4/21/2025Pending sale$465,000$227/sqft
    Source: Doorify MLS #10088762 Report a problem
    4/11/2025Listed for sale$465,000+39.2%$227/sqft
    Source: Doorify MLS #10088762 Report a problem
    9/14/2004Sold$334,000+11.7%$163/sqft
    Source: Public Record Report a problem
    6/13/2002Sold$299,000$146/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,204 +12.5%$464,200 +44.9%
    2024$5,517 +2.8%$320,400
    2023$5,368 $320,400
    2022-- $320,400
    2021$5,083 +2.8%$320,400 +9.5%
    2020$4,947 $292,600 +2.2%
    2018$4,947 +4.6%$286,200
    2017$4,731 -10.2%$286,200 -9.6%
    2016$5,267 $316,567
    2015$5,267 +1.1%$316,567
    2014$5,208 $316,567
    2013-- $316,567
    2012-- $316,567
    2011-- $316,567
    2010-- $316,567
    2009-- --
    2008$5,147 +3.8%$307,217
    2007$4,957 +4.2%$307,217
    2006$4,757 $307,217
    2005$4,757 +3.8%$307,217 +10.9%
    2004$4,584 +3.6%$276,988
    2003$4,426 $276,988 +41%
    2002-- $196,408
    Find assessor info on the county website

    Neighborhood: 27514

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CH/Carrboro - Glenwood
    • Middle: CH/Carrboro - Guy Phillips
    • 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
    $452,200
    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
    $452,200