If you're looking for a sure bet in the Chapel Hill investment game, look no further than this efficient two story unit with a solid rental history. These particular condos give a hint of mid-century flavor all while being in a terrific location close to UNC and within easy walking distance of groceries and restaurants. The real wood paneling and exposed brick walls in the living room provide a retro and earthy aspect while fresh LVP flooring on the main level gives it that 21st century crispness. Upstairs you'll find two nicely sized bedrooms and two full baths to keep potential roommate tension at low levels. A convenient half bath is tucked into the first floor as well for those times that the stairs feel too onerous. A private outdoor seating area and patio offers a nice overflow area for entertaining or to really step up your planter game. And yes, it's an HOA but it's an HOA with a POOL(!) which will doubtless offer relief as the North Carolina summer temps blaze on.
Sold for $315,000 on 08/28/24
$315,000
705 Oak Tree Dr, Chapel Hill, NC 27517
2beds
1,130sqft
Condominium, Residential
Built in 1974
-- sqft lot
$328,700 Zestimate®
$279/sqft
$1,825 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 01, 2025 at 07:58am
Listed by:
Nata Bozymski 919-593-0554,
Inhabit Real Estate,
Alison J Domnas 919-260-4324,
Inhabit Real Estate
Bought with:
Timothy Mathenge, 317813
Costello Real Estate & Investm
Source: Doorify MLS,MLS#: 10042269

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Laundry: In Hall
Features
- Smooth Ceilings
- Flooring: Carpet, Tile
- Has basement: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,130
- Total interior livable area: 1,130 sqft
- Finished area above ground: 1,130
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Private Entrance, Rain Gutters, Storage
- Has view: Yes
Details
- Parcel number: 9798451394.042
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chapel Hill
- Subdivision: The Oaks Condos
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $430 monthly
- Amenities included: Clubhouse, Insurance, Landscaping, Maintenance Grounds, Management, Parking, Pool, Water
- Services included: Insurance, Maintenance Grounds, Road Maintenance, Sewer, Storm Water Maintenance, Trash, Water
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$328,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$328,700