Condo in the heart of Chapel Hill / Carrboro. Walk to Umstead Park, free bus, and Bolin Creek Trail. Five minute drive to campus. Live-in or rent-out for $900/mo with on-site property management, laundry facility, swimming pool, tennis, and basketball courts. Two dedicated parking spaces. Master BR has 1/2-bath and walk-in closet. Ample closet space in hall, 2nd BR, and kitchen.
Bolinwood Condominiums are the best value in Chapel Hill and have appreciated strongly as a result - compare recent sales & Zestimates to values just five years ago. This unit is a 6% cap at asking price and has averaged more than 12% annual value appreciation, making it a fantastic investment.
Owner-occupied since 2018, now for sale by owner - call Aaron 631-987-9993. Happy to work with buyer's agents.
Sold for $169,000 on 10/14/25
$169,000
500 Umstead Dr #C, Chapel Hill, NC 27516
2beds
955sqft
Condo
Built in 1972
-- sqft lot
$168,400 Zestimate®
$177/sqft
$1,477 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
 - Bathrooms: 2
 - Full bathrooms: 1
 - 1/2 bathrooms: 1
 
Heating
- Forced air, Electric
 
Cooling
- Central
 
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
 
Features
- Flooring: Carpet, Linoleum / Vinyl
 - Basement: None
 - Has fireplace: No
 
Interior area
- Total interior livable area: 955 sqft
 
Property
Parking
- Total spaces: 2
 - Parking features: Off-street
 
Features
- Exterior features: Brick
 - Has view: Yes
 - View description: Territorial
 
Lot
- Size: 1 Acres
 
Details
- Parcel number: 9789014199039
 
Construction
Type & style
- Home type: Condo
 
Materials
- masonry
 - Foundation: Slab
 - Roof: Asphalt
 
Condition
- Year built: 1972
 
Community & neighborhood
Location
- Region: Chapel Hill
 
HOA & financial
HOA
- Has HOA: Yes
 - HOA fee: $205 monthly
 
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Estimated market value
$168,400