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Sold for $552,000
  • $552,000

    508 Colony Woods Dr, Chapel Hill, NC 27517

    5beds
    2,241sqft
    Single Family Residence, Residential
    Built in 1973
    0.29 Acres Lot
    $544,500 Zestimate®
    $246/sqft
    $3,876 Estimated rent

    Home value

    $544,500

    $506,000 - $588,000

    $3,876/mo

    Zestimate® history
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    What's special

    Cozy Chapel Hill cottage meets spacious 2 level on the edge of Durham. Truly a blend of both worlds in this charmer and the perfect location! Tucked into the quiet tree-lined streets of sweet, sweet Colony Woods! Down the street from Trader Joe's, Wegmans, Whole Foods, shops & restaurants. 3 Miles to UNC and 6 to Duke. Only a skip to I-40, RTP and RDU! And the home has so much to offer! 5 bedrooms total with the main level a modernized 3 bed & 2 bath ranch, updated to an open floor plan, added skylights, stylish finishes and just refinished hardwood floors. But there is SO MUCH more! The lower level expands and just keeps on going! An in-law or teen dream, there are 2 bedrooms, 2 baths, 2 living areas one with bar (formerly a full kitchenette and could be again), AND 2 HUGE storage areas. All high-quality vintage construction, made with solid lumber, solid surfaces and to last the ages! Updated to be light and airy, connected but with enough room for everyone to have their own space to retreat. Yard and lot also a great combo, beautiful hardwoods and a big fig tree out front, established shrubs and open yard to play. One side is town greenspace for privacy but no maintenance. Hard to find home with so much charm and flexibility, inside & out and location is unbeatable! Get anywhere in the Triangle fast! Come stroll the quaint neighborhood streets by day, take five to go out on the town at night and return home for a star gaze off the big back deck. All the reasons we love it here and more!

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexis Rudolph 919-428-3160,

    Chapel Hill Realty Group, Inc.

    Bought with:

    Christy Kimbro, 224944

    Long & Foster Real Estate INC

    Source: Doorify MLS,MLS#: 10091795MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Free-Standing Refrigerator, Washer/Dryer
    • Laundry: Laundry Room
    Features
    • Breakfast Bar, Built-in Features, Walk-In Shower
    • Flooring: Hardwood, Vinyl
    • Basement: Daylight
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,241
    • Total interior livable area: 2,241 sqft
    • Finished area above ground: 1,342
    • Finished area below ground: 899

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Driveway
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: Accessible Bedroom
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Garden, Lighting
    • Fencing: Privacy
    • Has view: Yes
    Lot
    • Size: 0.29 Acres
    • Features: Back Yard, Garden, Hardwood Trees, Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 9799943306
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch, Traditional, Transitional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick Veneer, Wood Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1973
    • Major remodel year: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Street Lights
    • Subdivision: Colony Woods
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $414,280
    • Annual tax amount: $3,512
    • Date on market: 4/25/2025
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/30/2025Sold$552,000-3%$246/sqft
    Source: Doorify MLS #10091795 Report a problem
    5/5/2025Pending sale$569,000$254/sqft
    Source: Doorify MLS #10091795 Report a problem
    4/25/2025Listed for sale$569,000+144.2%$254/sqft
    Source: Doorify MLS #10091795 Report a problem
    6/26/2009Sold$233,000-1.9%$104/sqft
    Source: Public Record Report a problem
    4/16/2009Price change$237,500-5%$106/sqft
    Source: Listhub #1648699 Report a problem
    2/19/2009Listed for sale$250,000+23.2%$112/sqft
    Source: Listhub #1648699 Report a problem
    7/22/2002Sold$203,000$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,505 +28.3%$414,280 +64%
    2024$3,512 +5%$252,563
    2023$3,344 +6.4%$252,563
    2022$3,142 +0.6%$252,563
    2021$3,122 -1.6%$252,563
    2020$3,173 $252,563 -9.8%
    2019$3,173 $279,975 +14.3%
    2018$3,173 +1.5%$245,003
    2017$3,126 +0.9%$245,003 -5.2%
    2016$3,098 $258,499 +4.9%
    2015$3,098 -4.6%$246,469
    2014$3,246 $246,469
    2013-- $246,469
    2012-- $246,469
    2011$3,056 0%$246,469
    2010$3,056 -3.8%$246,469
    2009$3,177 $246,469
    2008$3,177 +41.9%$246,469 +46.5%
    2007$2,239 $168,247
    2006$2,239 $168,247
    2005$2,239 -2.5%$168,247
    2004$2,297 $168,247
    Find assessor info on the county website

    Neighborhood: Colony Woods

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Durham - Creekside
    • Middle: Durham - Githens
    • High: Durham - Jordan

    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
    $544,500
    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
    $544,500