500 Umstead Dr
Chapel Hill, NC 27516
3 bd 2 ba 1,212 sqft Built 1972 Lot 5,227 sqft condos
Most recent sale
$122,000
May 19, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2024 | Sold | $209,000 | DoorifyMLS |
| Feb 21, 2024 | Listed | $215,000 | TriangleAreaNC |
| May 19, 2021 | Sold | $122,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $215,700 | — | $215,700 | $2,973 |
| 2023 | $105,500 | — | $105,500 | $1,888 |
| 2022 | $105,500 | — | $105,500 | $1,815 |
| 2021 | $105,500 | — | $105,500 | $1,802 |
| 2020 | $75,000 | — | $75,000 | $1,414 |
| 2019 | $75,000 | — | $75,000 | $1,414 |
| 2017 | $75,000 | — | $75,000 | $1,346 |
| 2016 | $57,224 | $24,356 | $81,580 | $1,470 |
| 2015 | $57,224 | $24,356 | $81,580 | $1,469 |
| 2014 | $57,224 | $24,356 | $81,580 | $1,411 |
| 2013 | $57,224 | $24,356 | $81,580 | $1,389 |
| 2012 | $57,224 | $24,356 | $81,580 | $1,351 |
| 2011 | $57,224 | $24,356 | $81,580 | $1,353 |
| 2009 | $57,224 | $24,356 | $81,580 | $1,256 |
| 2008 | $58,578 | $18,452 | $77,030 | $1,393 |
| 2007 | $58,578 | $18,452 | $77,030 | $1,290 |
Property facts
Year built
1972
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,212 sqft
Lot size
5,227 sqft
ZIP code
27516
City
Chapel Hill
Street
Umstead Dr
Coordinates
35.92381, -79.06544
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$732
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 500 Umstead Dr last sell?
500 Umstead Dr most recently sold on May 19, 2021 for $122,000.
What is the current tax assessment for 500 Umstead Dr?
The most recent total assessment for 500 Umstead Dr (year 2025) is $215,700 with $2,973 in property tax.
How does 500 Umstead Dr's assessment compare to its last sale price?
The current assessment is 76.8% above the last sale price of $122,000.
When was 500 Umstead Dr built?
500 Umstead Dr was built in 1972.
How does 500 Umstead Dr compare to others on Umstead Dr?
We track 8 other properties on Umstead Dr. Browse the list under "Other properties on Umstead Dr" to compare beds, baths, and sale history.
What are the property facts for 500 Umstead Dr?
500 Umstead Dr is a 3 bed, 2 bath, 1,212 sqft, 5,227 sqft lot condos.
Is 500 Umstead Dr a flip candidate?
No — 500 Umstead Dr does not appear in our flips dataset.
Is 500 Umstead Dr a tax-appeal candidate?
No — 500 Umstead Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$621.9K
2026 Q4
$612.1K
ZIP 27516 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Umstead Dr