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500 Umstead Dr

Chapel Hill, NC 27516

3 bd 2 ba 1,169 sqft Built 1972 condos
Most recent sale
$170,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $170,000 MLS #2466197
Aug 23, 2022 Relisted $160,000 MLS #2466197
Aug 3, 2022 Listed $160,000 MLS #2466197

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1972
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,169 sqft
Lot size
ZIP code
27516
City
Chapel Hill
Street
Umstead Dr
Coordinates
35.92401, -79.06567

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,578
Gross rental yield
11.14%
Implied cap rate
7.24%
Trend-extrapolated value

Frequently asked questions

When did 500 Umstead Dr last sell?
500 Umstead Dr most recently sold on Oct 17, 2022 for $170,000.
What is the current tax assessment for 500 Umstead Dr?
No tax-assessment history is recorded for this parcel.
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, 1,169 sqft 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 valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$621.9K
2026 Q4
$612.1K
ZIP 27516 — Median Price History + Forecast

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