506 Oak Tree Dr, Chapel Hill, NC 27517
SOLDAPR 17, 2024

506 Oak Tree Dr
Chapel Hill, NC 27517

  • 2 Beds
  • 3 Baths
  • 1,137 sqft
  • 2 Beds
  • 3 Baths
  • 1,137 sqft

$315,000

Last Sold: Apr 17, 2024
$277/sqft
Est. Refi. Payment $1,955/mo*

Homes for Sale Near 506 Oak Tree Dr

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from April 25, 2024
This condo is updated throughout and is as crisp and clean as a fresh set of sheets. The end unit location means there is plenty of room for the grill and lawn chairs and a lot less worry about your neighbor's music taste or nocturnal habits when the clocks spring forward. Exposed brick lends an earthy element to a light filled living room, where a French door provides ingress and egress for cool Spring breezes and pupper trips. Brand spanking new flooring throughout provides the base layer upon which upgrades to painting, fixtures, and hardware take root. Upstairs, the floor plan provides each bedroom with its own bathroom, and downstairs, a stylish and bright half bath offers a convenient respite for guests. For investors, this unit is perfectly suited for a thriving rental market due to its convenient location to all things UNC and Chapel Hill. Condos like this don't sprout up in the market all that often, so don't miss out!

Home Highlights

Parking
Parking Lot
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$277/sqft
Listed
52 days ago

Home Details for 506 Oak Tree Dr

Interior Features

Interior Details
Number of Rooms: 6
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1137 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, WasherDishwasherDryerLaundry: In HallRefrigeratorWasher
Heating & Cooling
Heating: Electric, Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl, TileCommon Walls: 1 Common Wall, End Unit
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Vinyl, Tile

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Patio, PorchExterior: Private Entrance, Rain Gutters, StorageFoundation: SlabNo Private Pool
Parking & Garage
Open Parking Spaces: 2No GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Parking Lot
Frontage
Road Frontage: Private Road
Finished Area
Finished Area (above surface): 1137 Square Feet

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialArchitecture: Contemporary
Building
Construction Materials: Brick Veneer, Wood SidingNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 9798451394.031

Price & Status

Price
List Price: $315,000Price Per Sqft: $277/sqft

Active Status

MLS Status: Closed

Location

Direction & Address
City: Chapel HillCommunity: The Oaks
School Information
Elementary School: CH/Carrboro - RashkisJr High / Middle School: CH/Carrboro - Grey CulbrethHigh School: CH/Carrboro - East Chapel Hill

Building

Building Area
Building Area: 1137 Square Feet

HOA

Has an HOA

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 10016000

Additional Information

HOA Amenities: Clubhouse, Insurance, Landscaping, Maintenance Grounds, Management, Parking, Pool, Water
Last check for updates: about 20 hours ago
Listed by Nata Bozymski, (919) 593-0554
Inhabit Real Estate
Alison J Domnas, (919) 260-4324
Inhabit Real Estate
Bought with: Dylan V Hale, (919) 414-9085, Keller Williams Elite Realty
Source: TMLS, MLS#10016000

Price History for 506 Oak Tree Dr

DatePriceEventSource
04/17/2024$315,000Sold
TMLS #10016000
03/11/2024$315,000PendingTMLS #10016000
03/11/2024$315,000ContingentTMLS #10016000
03/08/2024$315,000Listed For SaleTMLS #10016000
09/03/2020$176,500Sold
N/A
07/01/2008$156,000Sold
N/A
06/10/2005$140,000Sold
N/A
05/24/2002$114,500Sold
N/A

Property Taxes and Assessment

Year2023
Tax$3,034
Assessment$176,200
Home facts updated by county records

Comparable Sales for 506 Oak Tree Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Condo
$286,500
10/20/23
2
3
1,150
0.03
Condo
$275,000
02/23/24
2
3
1,132
0.02
Condo
$272,500
04/22/24
2
3
1,236
0.09
Condo
$320,000
08/10/23
2
3
1,160
0.09
Condo
$320,000
08/10/23
2
3
1,167
0.06
Condo
$346,000
05/31/23
3
3
1,320

Assigned Schools

These are the assigned schools for 506 Oak Tree Dr.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Chapel Hill

  • Ahcorbet
    "Swimming pool, food trucks, fitness room, yard sale, concerts, lots of trails, bike races, pickle ball"
    2
    Flag
  • Trulia User
    "I’ve lived here for 4 years and can’t imagine a better neighborhood or better neighbors. People are kind, generous and look out for one another. "
    2
    Flag
  • Trulia User
    "Yes it is really quite nice with full tree cover and shade in summer. Yes indeed it is — no kidding that is truly and fully the honest to goodness truth. "
    0
    Flag
  • Klbrewer
    "Friendly, relaxing, safe, well-maintained where people talk to each other, do activities together and do favors for each other "
    0
    Flag
  • Emysue
    "No events really. But lots to do in surrounding places. FranklinStreet, Carrboro, parks, etc etc etc"
    0
    Flag
  • Jean C. R.
    "You see people walking their dogs all the time. Most people are responsible pet owners and you can find waste stations throughout. "
    7
    Flag
  • Mariell R.
    "You have to have a car. Everything is not at walking distance. My favorite thing about CH is the green spaces, parks and college vibe "
    0
    Flag
  • Curtis P.
    "The Chapel-Hill Carrboro school district is one of the best in the state of North Carolina. Most of the older established neighborhoods are in close proximity to amenities and freeway access."
    0
    Flag
  • Areleyy13
    "Halloween on franklin st. Christmas parade UNC games School events are amazing and family friendly "
    0
    Flag
  • Thompsoneve
    "The convenient location & the abundance of beautiful trails are my favorite part of the neighborhood. "
    1
    Flag
  • Esther
    "The Chapel Hill public schools are truly exceptional. The diversity inherent in local demographics is reflected in the teachers and staff that Chapel Hill public schools draw. "
    0
    Flag
  • Pointyhooves
    "Neighborhood is very kid friendly. Great for walking and most houses are set back from the road. ———-"
    4
    Flag
  • Pointyhooves
    "Good neighborhood for walking, lots of other dogs, some people have dogs off leash but rare. Quiet neighborhood. "
    3
    Flag
  • Elizabethatroutman
    "Two very busy dog parks; streets are dog friendly and many folks walk in the early morning and evening "
    0
    Flag
  • TScott
    "Good commute and access to public transit. Live in Chapel Hill (Orange County) with access for amenities such as health center, grocery store, dry cleaners all within walking distance."
    0
    Flag
  • Lynsey B.
    "College basketball and football games. Go UNC Tarheels. Close and easy to get to. We love Chapel Hill. "
    0
    Flag
  • Lynsey B.
    "The dog park is nice and big! I would like more doggy stations throughout the neighborhood with dog bags. "
    0
    Flag
  • Alexis800
    "I lived here for a year and a half and so far so good there are some areas along the highway that need traffic light for students who cross it to take public transit to get around"
    11
    Flag
  • Randal J.
    "There great schoolsin Chapel Hill but they are shockingly competitive and extremely driven parents. "
    0
    Flag
  • Nicole M.
    "Parks are awesome. A little bit of everything right at the tips of your fingers. Malls about 20-30 minutes away. Movie theaters about 10-30 minutes away. Bowling alley about 30 minutes away"
    0
    Flag
  • Wpb143
    " great food expansive choices in type of cuisine wide variety of music venues and free hus services with multiple park anb rides"
    0
    Flag
  • Jason J.
    "Lots of sidewalks and trails that are great for walking or running. There are a lot of people that walk their dogs off leash which causes problems at times. "
    5
    Flag
  • Mai2nss
    "my neighborhood is safe, can see a lot of trees, dufferent kinds of flowers with many different colors at all seasons. we can take a walk nearby our neighborhood. "
    0
    Flag
  • Gracie H
    "Close knit group of young professionals and grad students to retired residents. Everyone friendly and glad To lend a helping hand. "
    0
    Flag
  • Mai2nss
    "Quiet and safe neighborhood! Far from busy traffic but not from highway and shopping centers, hospitals, restaurants and schools."
    0
    Flag
  • Rachel J.
    "College basketball rivalry between UNC and Duke University. Special speakers at the colleges. Beautiful botanical gardens."
    0
    Flag
  • Amandasholliday
    "Fourth of July parade, farmers market, great parks, sense of community and free public transportation. "
    2
    Flag
  • Rachel J.
    "East Chapel Hill High School is an academically challenging school. There are plenty of AP classes. Highly recommend homes in their district. Neighbors are very friendly and kind to newcomers. The city of Chapel Hill workers are competent, efficient and take pride in their work. Lots of our roads have recently been repaved."
    0
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  • Dona L. S.
    "I stay at SECU Family House, when seeing doctors. A beautiful area, well maintained, community spirit."
    0
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  • Julialeelemon
    "Your days will be less difficult if you’re at all able to avoid the rush hour windows of 6:30-9:30am, lunch hours, and 3-7pm. The congestion is ridiculously thick, and at this point of heavy convergence: Fordham/15-501, Hwy 54E&W/Raleigh Rd, and an on/off ramp for I-40 less than 2 miles away, the roads are absolutely overwhelming now. Do expect traffic to quadruple (at the VERY least) as soon as just a handful of new developments reach completion. UGH!!"
    0
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  • Allison Scott
    "Downing Creek Chapel Hill NC Best neighborhood in region Safe, well maintained, pool, tennis course, beautiful and heavily tree lined streets "
    0
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  • Renee Blake
    "I nanny in the area, my two kids have lots of playdates and my neighbors are pretty awesome. The area is residential, no college students really, and a short 20-30 min walk to whole foods, traders Joe's or Harris teeter. There's also University Mall, and a movie theater so lots to do on a pretty day. I've lived in this area for 12 years. Raising a family here and I love it."
    2
    Flag
  • Anthony P.
    "there's a big dog park and poopbags available around the neighborhood. There are alot of dog owners in the neighborhood."
    0
    Flag
  • Lemo2121
    "I do not live here just visiting for a week. But it’s a lovely place. Great weather today. Enjoy the area and shopping. "
    0
    Flag
  • Robertsondesigns
    "They would fit right in with all the other dog owners. I’m not one though. Some yards need fences. Dogs are a lot of work, and sometimes your friends won’t want them coming along for dinner as part of the social contract. In short, I don’t want a dog, but lots of others around here do."
    3
    Flag
  • Kimberly V.
    "there are so many people walking their dogs and a dog park!! lots of super dog friendly trails around, too. "
    0
    Flag

LGBTQ Local Legal Protections

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 Triangle 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 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 506 Oak Tree Dr

Off Market Homes Near 506 Oak Tree Dr

506 Oak Tree Dr, Chapel Hill, NC 27517 is a 2 bedroom, 3 bathroom, 1,137 sqft condo built in 1974. This property is not currently available for sale. 506 Oak Tree Dr was last sold on Apr 17, 2024 for $315,000 (0% higher than the asking price of $315,000). The current Trulia Estimate for 506 Oak Tree Dr is $315,100.