22 days on rocket

502 Presque Isle Ln, Chapel Hill, NC, 27514

$485,000

Home List Price

$5,759*

Closing Credit

3 Bedrooms
3 Full Baths
2,062 SqFt
$235/SqFt
Condo
Schools Nearby

Location

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502 Presque Isle Ln, Chapel Hill$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Asphalt, Garage, Garage Door Opener, Garage Faces Side, Off Street, Parking Lot, Paved, Private
Attached Garage1 space
Year Built2000
HeatingCentral, Fireplace(s), Heat Pump, Natural Gas
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
Private PoolYes
MLS #10021740
StatusActive

About 502 Presque Isle Ln

Welcome home to your upscale condo/townhouse in the middle of Chapel Hill. Low maintenance living gives you the freedom to come and go as you please. Easy access to UNC, Franklin St and downtown Chapel Hill, Wegman's, Lowe's and I-40 to take you to all points in the Triangle. Enjoy a morning stroll around the beautifully landscaped community, relax with morning tea on the patio, host friends in the open chef's kitchen, then wrap up the day with a book by the fireplace and a warm bath in the jetted tub. Plenty of storage in this spacious unit and attached one-car garage. The community clubhouse has a comfortable seating area, a gym, party area, kitchen and outdoor pool. Lots of details throughout: granite counters and cherry cabinets in the kitchen, gas range, oversized crown molding, gas fireplace, all three bedrooms with bathrooms en-suite, large laundry room with a closet and counter/sink, double vanity in main bath, jetted oversized tub, Rennai hot water heater and the list goes on. Hurry while this opportunity lasts!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2000
  • Living Area: 2,062 SqFt

Listing Office:

  • Office Name: Keller Williams Realty United
  • Office Phone: (919) 951-1951
  • Listing Agent: Joel Sivertsen

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Electric Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Gas Range, Ice Maker, Instant Hot Water, Microwave, Oven, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Recessed Lighting, Second Primary Bedroom, Separate Shower, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar, Whirlpool Tub

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Porch Side

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking, Asphalt, Garage, Garage Door Opener, Garage Faces Side, Off Street, Parking Lot, Paved, Private

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s), Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump

School Info

Assigned Schools Information:

  • East Chapel Hill High School, Public District Grades 9-12
  • Phillips Middle School, Public District Grades 6-8
  • Fpg Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: I-40 to 15-501, south to Sage Road and turn right, second left onto Coleridge, turn right into Presque Isle and then left into subdivision. Home ison right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $235/SqFt

HOA Fees:

  • Amount: $576
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chapel Hill, NC.

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Chapel Hill, NC

City

Med. Sold Price

$659.6K

Med. Price/SqFt

$268

Avg. Days On Market

58

# of Sold Homes

91

502 Presque Isle Ln vs Chapel Hill

22 DAYS ON ROCKET

-36 Days

$485,000

-$174.6K Less

$235/SqFt

-$33 Less

KEY TAKEAWAY

This property is $174.6K less than the Median Sold Price and $33/SqFt less than other homes in Chapel Hill, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10021740

Listing Office:

  • Office Name: Keller Williams Realty United
  • Office Phone: (919) 951-1951
  • Listing Agent: Joel Sivertsen

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:50:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4018014
7
/10

  • Fpg Elementary School

  • 101 Smith Level Rd

  • 4.64 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-4018015
7
/10

  • Phillips Middle School

  • 606 N Estes Dr

  • 1.93 miles

  • Public District Grades 6-8

High School

school-card-donut-4018016
8
/10

  • East Chapel Hill High School

  • 500 Weaver Dairy Rd

  • 0.98 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,439. Most Chapel Hill, NC residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Presque Isle Ln

What is the listing price of this property?

The listing price of 502 Presque Isle Ln property is $485,000.

What type of property is this?

The property 502 Presque Isle Ln is a condo located in Chapel Hill, North Carolina, 27514.

Is this property for sale now?

Active Listing: 502 Presque Isle Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 502 Presque Isle Ln are:
Fpg Elementary School: GreatSchools Rating 7/10
Phillips Middle School: GreatSchools Rating 7/10
East Chapel Hill High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 502 Presque Isle Ln has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 502 Presque Isle Ln is 2,062 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Presque Isle Ln is 2000.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27514›502 Presque Isle Ln

This home is located at 502 Presque Isle Ln in Chapel Hill, NC and zip code 27514 in the Presque Isle neighborhood. This 2,062 square foot home was built in 2000. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $485,000.

In March 2024, from all listings sold in Chapel Hill, NC there were more than 50 sold above asking price, over 30 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Chapel Hill, NC between February 2024 and March 2024 increased by 12.3%. While the average time on the market in March 2024 was 58 days, the median list price was $659,600.

From Rocket Homes Real Estate and based on county public records data.

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