507 Presque Isle Ln Unit Bldg 500 Chapel Hill, NC 27514
Estimated payment $3,642/month
Total Views
1,930
3
Beds
3
Baths
2,052
Sq Ft
$227
Price per Sq Ft
Highlights
- Fitness Center
- Clubhouse
- Wood Flooring
- Glenwood Elementary School Rated A
- Living Room with Fireplace
- Modernist Architecture
About This Home
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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,296
Year Built
- Built in 2000
Lot Details
- End Unit
- No Unit Above or Below
- 1 Common Wall
HOA Fees
- $605 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Modernist Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Stone Veneer
Interior Spaces
- 2,052 Sq Ft Home
- 1-Story Property
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
- 2 Fireplaces
- Breakfast Room
- Dining Room
- Home Office
- Utility Room
- Washer
Kitchen
- Free-Standing Electric Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Glenwood Elementary School
- Guy Phillips Middle School
- East Chapel Hill High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 9890500795.507
Community Details
Overview
- Association fees include ground maintenance, maintenance structure, pest control, water
- Cam Association, Phone Number (919) 741-5285
- Presque Isle Villas Subdivision
- Maintained Community
- Community Parking
Amenities
- Community Barbecue Grill
- Clubhouse
- Game Room
Recreation
- Fitness Center
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,517 | $320,400 | $0 | $320,400 |
| 2023 | $5,368 | $320,400 | $0 | $320,400 |
| 2022 | $5,147 | $320,400 | $0 | $320,400 |
| 2021 | $5,083 | $320,400 | $0 | $320,400 |
| 2020 | $4,947 | $292,600 | $0 | $292,600 |
| 2018 | $4,731 | $286,200 | $0 | $286,200 |
| 2017 | $5,267 | $286,200 | $0 | $286,200 |
| 2016 | $5,267 | $316,567 | $47,543 | $269,024 |
| 2015 | $5,267 | $316,567 | $47,543 | $269,024 |
| 2014 | $5,208 | $316,567 | $47,543 | $269,024 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $465,000 | -- | $227 / Sq Ft |
Source: Doorify MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $334,000 | -- | |
| Warranty Deed | $299,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,100 | Credit Line Revolving | |
| Open | $300,600 | Fannie Mae Freddie Mac | |
| Closed | $50,000 | Credit Line Revolving | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $169,200 | Unknown | |
| Previous Owner | $224,175 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Chapel Hill, NC
Source: Doorify MLS
MLS Number: 10088762
APN: 9890500795.507
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