Seller's Agent in 2024
Phil Patterson
Hodge&KittrellSothebysIntlRlty
(919) 302-5260
12 Total Sales
500 Umstead Dr Unit 101 E Chapel Hill, NC 27516
Estimated Value: $182,000 - $204,451
3
Beds
2
Baths
1,212
Sq Ft
$269/mo
HOA Fee
Highlights
- Traditional Architecture
- 1-Story Property
- Forced Air Heating and Cooling System
- Seawell Elementary School Rated A+
- Luxury Vinyl Tile Flooring
About This Home
As of December 2024**Move-In Ready Condition** - This three-bedroom, two-bathroom Bolinwood Condominium boasts new carpet throughout and freshly painted interiors. The spacious primary bedroom includes an ensuite full bath. The home features numerous updates: a new HVAC system (2021), a new hot water heater (2018), a new stove (2022), and new dishwasher and refrigerator (2024). Conveniently located on the city bus line, it offers easy access to Umstead Park, Bolin Creek walking trails, and nearby volleyball courts. Community amenities include a clubhouse, pool, laundry facilities, and tennis and basketball courts. HOA dues ($269.25/month) cover pool access, water, sewer, trash removal, and access to the community's onsite amenities.Property being sold :as is''
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,694
Year Built
- Built in 1972
Lot Details
- 1
HOA Fees
- $269 Monthly HOA Fees
Parking
- 2 Parking Spaces
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Permanent Foundation
- Block Foundation
- Shingle Roof
Interior Spaces
- 1,212 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Seawell Elementary School
- Smith Middle School
- Chapel Hill High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
- Association fees include insurance, ground maintenance, sewer, trash, water
- Bolinwood Condominiums Association, Phone Number (888) 565-1226
- Bolinwood Condominiums Subdivision
Listing and Financial Details
- Assessor Parcel Number 9789014199.085
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2024
Closed on
Dec 3, 2024
Sold by
Jenkins Karen and Jenkins Ronald B
Bought by
Scarlets Lc Llc and Chen
Seller's Agent
Phil Patterson
Hodge&KittrellSothebysIntlRlty
Buyer's Agent
Samuel Poindexter
Raleigh Realty Inc.
List Price
$189,999
Sold Price
$182,222
Premium/Discount to List
-$7,777
-4.09%
Total Days on Market
137
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,141
Avg. Annual Appreciation
11.61%
Purchase Details
Closed on
Apr 13, 2017
Sold by
Jewel D Cecil
Bought by
Aung Shin and Saw Hannity
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,421
Interest Rate
4.08%
Purchase Details
Closed on
Jun 17, 2013
Sold by
Siena Holdings Llc
Bought by
Jenkins Karen and Jenkins Ronald B
Purchase Details
Closed on
Sep 6, 2007
Sold by
Lopez Finn Ramona and Finn William
Bought by
Siena Holdings Llc
Purchase Details
Closed on
May 29, 2007
Sold by
Nadolskv Spencer Alan
Bought by
Lopez Finn Ramona
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2004
Sold by
Residential Services Inc
Bought by
Nadolsky Spencer Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scarlets Lc Llc | $182,500 | None Listed On Document | |
| Scarlets Lc Llc | $182,500 | None Listed On Document | |
| Aung Shin | -- | -- | |
| Jenkins Karen | $75,000 | None Available | |
| Siena Holdings Llc | -- | None Available | |
| Lopez Finn Ramona | $77,500 | None Available | |
| Nadolsky Spencer Alan | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Aung Shin | $261,421 | |
| Previous Owner | Aung Shin | -- | |
| Previous Owner | Lopez Finn Ramona | $69,750 | |
| Previous Owner | Nadolsky Spencer Alan | $56,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $182,222 | -4.1% | $150 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | For Sale | $189,999 | 0.0% | $157 / Sq Ft |
| 09/28/2024 09/28/24 | Pending | -- | -- | -- |
| 09/12/2024 09/12/24 | Price Changed | $189,999 | -9.5% | $157 / Sq Ft |
| 06/28/2024 06/28/24 | For Sale | $210,000 | -- | $173 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $1,940 | $105,500 | $0 | $105,500 |
| 2023 | $1,940 | $105,500 | $0 | $105,500 |
| 2022 | $1,820 | $105,500 | $0 | $105,500 |
| 2021 | $1,799 | $105,500 | $0 | $105,500 |
| 2020 | $1,410 | $75,000 | $0 | $75,000 |
| 2018 | $1,371 | $75,000 | $0 | $75,000 |
| 2017 | $1,465 | $75,000 | $0 | $75,000 |
| 2016 | $1,465 | $81,580 | $24,356 | $57,224 |
| 2015 | $150 | $81,580 | $24,356 | $57,224 |
| 2014 | -- | $81,580 | $24,356 | $57,224 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Patterson
-
Samuel Poindexter
Buyer's Agent in 2024
Samuel Poindexter
Raleigh Realty Inc.
(919) 443-0967
35 Total Sales
Map
Similar Homes in Chapel Hill, NC
Source: Doorify MLS
MLS Number: 10038367
APN: 9789014199.085
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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