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    500 Umstead Dr, Unit 103C Chapel Hill, NC 27516

    For Sale
    $179,000

    Move-in ready condo with easy access to amenities and UNC.

    Property size:
    955 SF

    Property Features for 500 Umstead Dr

    General Information

    Size
    955 SF

    Building Details

    Year built
    1972

    Source: KW Elite Realty Agent Huazhi Hu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chapel Hill Condo Near UNC

    This first-floor condo is located in a convenient Chapel Hill neighborhood, offering comfort and access to local amenities. The property has been professionally painted and cleaned. Umstead Park, featuring basketball and volleyball courts, wooded trails, and picnic areas, is a 7-minute walk away. The community pool is also within walking distance, and UNC is a 5-minute drive away. The layout is bright and airy, with natural light from large picture windows. A private first-floor patio provides space for outdoor relaxation. The kitchen features cabinetry, countertops, and appliances. The property offers low-maintenance, one-level living. The property size is 955 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bolinwood Condominiums Condominium Complex Landscaping Plus Landscape Designer Community Innovation Social Services Organization The Fune Hovel Non-Profit Organization Island Welding & Carpentry ... Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.0655184
    Latitude
    35.9233424

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    FAQs

    What type of property is this?
    Single family property - Move-in ready condo with easy access to amenities and UNC.
    Where is this single family property located?
    The property is located at 500 Umstead Dr, Unit 103C Chapel Hill, NC.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: - Prime Chapel Hill location with unbeatable access to local amenities.; - Move-in ready condition, professionally painted and cleaned.; - Convenient first-floor unit with private patio.
    Request Owner's contact information
    500 Umstead Dr, Unit 103C Chapel Hill, NC 27516
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    Chapel Hill, NC 27516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Umstead Dr, Unit 103C Chapel Hill, NC 27516
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