SELLER PAYING A YEAR OF HOA FEES! The Penthouse! A very rare, penthouse condo in the Gables. It's one of just two in the building, and they almost never reach the market. Centered right in downtown Chapel Hill, enjoy incredible walkability to shops, restaurants, campus, performance venues, UNC healthcare and more! Everything you need is just steps away. The Gables offers just 16 residences, set back from the road and surrounded by trees. The building comes complete with secured entry, covered & secured parking with gated entry, an elevator, and a refreshing pool! The penthouse spans nearly 2200 square feet, with window surround in all directions. Inside, enjoy expansive rooms, newly painted, and tremendous site lines. Fabulous storage throughout. Outside, the primary suite offers a private balcony, and the unit boasts over 700 square feet of private terrace for dining alfresco, sunbathing, or entertaining to your heart's content. It's a special and rare property that provides an abundance of square footage on the top floor of a building with unbelievable location in the center of town. Live with tree top views in the heart of the Southern part of heaven. This rare penthouse suite is the perfect combination of an upscale, secure residence in walkable, charming Chapel Hill.
Sold for $700,000
$700,000
620 Martin Luther King Jr Blvd APT 602, Chapel Hill, NC 27514
2beds
2,189sqft
Condominium, Residential
Built in 1985
-- sqft lot
$695,400 Zestimate®
$320/sqft
$2,833 Estimated rent
Home value
$695,400
$626,000 - $772,000
$2,833/mo
Zestimate® history
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List your homeWhat's special
Refreshing poolSecured entryTremendous site linesTree top viewsNewly paintedExpansive roomsFabulous storage throughout
Zillow last checked:
Listing updated:
Listed by:
Wendy Tanson 919-971-7180,
Nest Realty of the Triangle
Bought with:
Melissa H White, 248529
Keller Williams Central
Source: Doorify MLS,MLS#: 10124192
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air, Dual
Appliances
- Included: Dishwasher, Electric Oven, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater
- Laundry: Laundry Closet
Features
- Bookcases, Built-in Features, Crown Molding, Double Vanity, Entrance Foyer, High Speed Internet, Open Floorplan, Master Downstairs, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Hardwood, Vinyl, Tile
- Common walls with other units/homes: End Unit, No One Above
Interior area
- Total structure area: 2,189
- Total interior livable area: 2,189 sqft
- Finished area above ground: 2,189
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered, Direct Access, Electric Gate, Gated, Secured
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Central Living Area, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Aging In Place, Central Living Area, Common Area, Level Flooring
Features
- Levels: One
- Stories: 1
- Patio & porch: Terrace
- Exterior features: Balcony, Uncovered Courtyard
- Pool features: In Ground, Outdoor Pool, Community
- Has view: Yes
Lot
- Features: City Lot, Landscaped, Level, Many Trees, Native Plants, Near Public Transit
Details
- Parcel number: 9788394516.016
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Transitional
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Permanent
- Roof: Concrete, Shingle
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Subdivision: The Gables
HOA
- Has HOA: Yes
- Amenities included: Insurance, Landscaping, Pool, Security
- Services included: Maintenance Grounds, Maintenance Structure, Pest Control, Security
- HOA fee: $1,394 monthly
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $789,300
- Annual tax amount: $10,335
- Date on market: 10/21/2025
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Sold | $700,000-1.4%$320/sqft |
Source:  Doorify MLS #10124192 Report a problem | ||
| 4/24/2026 | Pending sale | $710,000$324/sqft |
Source: Doorify MLS #10124192 Report a problem | ||
| 4/3/2026 | Price change | $710,000-2.1%$324/sqft |
Source: Doorify MLS #10124192 Report a problem | ||
| 3/25/2026 | Price change | $725,000-3.3%$331/sqft |
Source: Doorify MLS #10124192 Report a problem | ||
| 1/21/2026 | Price change | $750,000-6.1%$343/sqft |
Source: Doorify MLS #10124192 Report a problem | ||
| 12/1/2025 | Price change | $799,000-3.2%$365/sqft |
Source: Doorify MLS #10124192 Report a problem | ||
| 10/21/2025 | Listed for sale | $825,000$377/sqft |
Source: Doorify MLS #10124192 Report a problem | ||
| 10/4/2025 | Listing removed | $825,000$377/sqft |
Source: Doorify MLS #10124192 Report a problem | ||
| 9/26/2025 | Listed for sale | $825,000+77.4%$377/sqft |
Source: Doorify MLS #10124192 Report a problem | ||
| 1/31/2007 | Sold | $465,000$212/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,335 +27.7% | $789,300 +64.8% |
| 2024 | $8,093 +2.8% | $478,900 |
| 2023 | $7,869 +4.4% | $478,900 |
| 2022 | $7,538 +1.3% | $478,900 |
| 2021 | $7,440 -1.3% | $478,900 +5.1% |
| 2020 | $7,537 | $455,800 |
| 2018 | $7,537 +2.3% | $455,800 |
| 2017 | $7,371 +3.2% | $455,800 +4.8% |
| 2016 | $7,143 | $435,100 |
| 2015 | $7,143 +0.8% | $435,100 |
| 2014 | $7,086 | $435,100 |
| 2013 | -- | $435,100 +0.9% |
| 2012 | -- | $431,366 -9% |
| 2011 | -- | $474,030 |
| 2010 | -- | $474,030 |
| 2009 | -- | -- |
| 2008 | -- | $357,914 |
| 2007 | $5,775 +4.2% | $357,914 |
| 2006 | $5,542 | $357,914 |
| 2005 | $5,542 +4.2% | $357,914 +11.4% |
| 2004 | $5,318 +3.6% | $321,342 |
| 2003 | $5,135 +1.5% | $321,342 |
| 2002 | $5,061 +4.2% | $321,342 |
| 2001 | $4,855 -0.5% | $321,342 +13.7% |
| 2000 | $4,881 | $282,627 |
Find assessor info on the county website
Neighborhood: 27514
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Nearby schools
GreatSchools rating
- 4/10Northside Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 9/10Guy Phillips Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10East Chapel Hill High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Chapel Hill Carrboro - Northside Elementary School
- 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
$695,400
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Estimated market value
$695,400
- North Carolina
- Orange County
- Chapel Hill
- 27514
- 620 Martin Luther King Jr Blvd Apartment 602
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