tomo logo

$209,999

Beds
3
Baths
2.0
sq ft
1,212

500 Umstead Dr Unit 108, Chapel Hill, NC 27516

500 Umstead Dr Unit 108

Chapel Hill, NC 27514

  • <1 day on market
Bolinwood Condominiums - three bedroom two bath move in ready condition. Freshly painted interiors with new carpet in all bedrooms, living dining area. New vinyl flooring in kitchen area. New kitchen cabinets, new counter tops, new appliances (electric range, refrigerator ,dishwasher, range hood) all installed in 2023.New AC 2020, hot water heater 2019. Spacious primary bedroom with en-suite full bath. Located on city bus line providing convenience to downtown, UNC main campus. On-site amenities include pool, tennis courts, basketball court , community laundry room in the pool's clubhouse. Two tandem parking places located between bldgs B & E.

Details

Property type

Condominium

Est. home value

$215,767

Lot size

Unknown

Price per sq ft

$174

Year built

1972

Annual property taxes

$1,693.59

Monthly HOA fee

$269.25

Price History

11/04/2024
TriangleMLS

TriangleMLS #10061608

Listed
$209,999
+68%
06/30/2021
TriangleMLS

TriangleMLS #2380980

Sold
$125,000

Schools & Community

Elementary school: 

CH/Carrboro - Seawell

Middle school: 

CH/Carrboro - Smith

High school: 

CH/Carrboro - Chapel Hill

Community features: 

Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$106,239
Asking price
$209,999
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$86,960
Cash to seller
$106,239

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First National Bank Of Pennsylvania

Loan start date

June 2021

Original loan amount

$93,750

Est. remaining balance

$86,960

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Bhumik V Patel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/05/2024 at 5:35 AM

Listing updated: 11/04/2024 at 11:00 AM

Listed by: Phil Patterson, Hodge&KittrellSothebysIntlRlty Phone #: (919) 800-0799

MLS: TriangleMLS #10061608

TriangleMLS logo

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