1506 Oak Tree Dr Chapel Hill, NC 27517
The Oaks Neighborhood
3
Beds
2
Baths
1,571
Sq Ft
$410/mo
HOA Fee
Highlights
- Covered patio or porch
- Balcony
- 1-Story Property
- Rashkis Elementary School Rated A
- Laundry Room
- Four Sided Brick Exterior Elevation
About This Home
As of February 2025Welcome to 1506 Oak Tree Drive, a beautifully remodeled 3-bedroom, 2-bathroom condo nestled in the serene Oaks community of Chapel Hill. This top-floor unit boasts vaulted ceilings and a corner fireplace, creating a bright and open living space. Sunlight pours in through expansive windows, highlighting the exposed brick accents and unique architectural details.
The primary suite features a spacious walk-in closet and a private bath, offering a comfortable retreat. Recent updates include new carpet, vinyl flooring, fresh paint, modern hardware, and contemporary light fixtures, ensuring a move-in-ready experience.
Community has a pool and clubhouse. Landscaping is covered by the HOA and the home comes with a designated parking spot
Situated in a quiet complex, this condo offers convenient access to local hotspots such as Meadowmont and East 54, as well as the University of North Carolina. Enjoy the perfect blend of tranquility and accessibility in this charming Chapel Hill home.
Last Agent to Sell the Property
McClure Group Realty LLC Brokerage Email: oevans@mccluregrouprealty.com License #338737
Last Buyer's Agent
Non Member
Canopy Administration
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,266
Year Built
- Built in 1974
HOA Fees
- $410 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,571 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
Kitchen
- Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
- The Oaks Owners Association, Phone Number (910) 295-3791
- The Oaks Subdivision
Listing and Financial Details
- Assessor Parcel Number 9798-45-1394-101
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $324,500 | -4.3% | $207 / Sq Ft |
| 01/25/2025 01/25/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $339,000 | -- | $216 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,266 | $185,400 | $0 | $185,400 |
| 2023 | $3,181 | $185,400 | $0 | $185,400 |
| 2022 | $3,053 | $185,400 | $0 | $185,400 |
| 2021 | $3,015 | $185,400 | $0 | $185,400 |
| 2020 | $2,895 | $166,700 | $0 | $166,700 |
| 2018 | $2,824 | $166,700 | $0 | $166,700 |
| 2017 | $2,904 | $166,700 | $0 | $166,700 |
| 2016 | $2,904 | $170,761 | $42,098 | $128,663 |
| 2015 | $2,934 | $170,761 | $42,098 | $128,663 |
| 2014 | $2,846 | $170,761 | $42,098 | $128,663 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $148,500 | New Conventional | |
| Previous Owner | $162,000 | New Conventional | |
| Previous Owner | $136,400 | Purchase Money Mortgage | |
| Previous Owner | $90,000 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $324,500 | None Listed On Document | |
| Warranty Deed | $324,500 | None Listed On Document | |
| Warranty Deed | $166,000 | None Available | |
| Warranty Deed | $180,000 | None Available | |
| Warranty Deed | $170,500 | None Available |
Source: Public Records
Similar Homes in the area
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4211322
APN: 9798451394.101
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