25 days on rocket

700 Market St Unit 207, Chapel Hill, NC, 27516

$399,000

Home List Price

$4,738*

Closing Credit

1 Bedroom
1 Full Bath
1,075 SqFt
$371/SqFt
Condo
Schools Nearby

Location

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700 Market St Unit 207, Chapel Hill$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built2002
HeatingForced Air
CoolingCentral Air
MLS #10021170
StatusActive

About 700 Market St Unit 207

Extraordinary opportunity to live in the heart of Chapel Hill! This fantastic loft space redefines urban living in the most coveted location. Situated above the Weaver Street Market, this gem puts you at the epicenter of a vibrant community brimming with shops, eateries, and cultural attractions. You'll love the soaring industrial ceilings and the natural light that pours in through the extra-large windows, creating an airy and inviting ambiance. The open kitchen beckons you to unleash your inner chef while seamlessly entertaining guests. The one of the best parts of this remarkable property is the rooftop terrace - an oasis where you can bask in the sun, sip your morning coffee, or host unforgettable gathering under the stars. Imagine the possibilities that await in the versatile loft area, which can effortlessly transform into a cozy bedroom, a serene library, or a creative studio - a blank canvas for you to craft your dream living space. When you need a little extra room, the offsite storage provides the perfect solution. This condo is currently rented through 5/25.

Property Details

Property Features

Property Information:

  • Architectural Style: Modernist
  • Year Built: 2002
  • Living Area: 1,075 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9431
  • Listing Agent: Pamela M Racz-Tucker

Interior Features

Interior Information:

  • Flooring Type: Carpet, Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Carrboro High School, Public District Grades 9-12
  • Culbreth Middle School, Public District Grades 6-8
  • Fpg Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From Chapel Hill, south on 15-501 to Southern Village. Entrance to condos is in the exterior hallway to the right of the Weaver Street Market store front.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $371/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,100
  • Tax Year: 2020
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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

700 Market St Unit 207 vs Chapel Hill

25 DAYS ON ROCKET

-33 Days

$399,000

-$260.6K Less

$371/SqFt

+$103 More

KEY TAKEAWAY

This property is $260.6K less than the Median Sold Price and $103/SqFt more 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: #10021170

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9431
  • Listing Agent: Pamela M Racz-Tucker

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: 4/30/2024, 3:20:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,100$242,000
2019$4,099$242,000
2018$4,004$242,000

History based on county public records data.

Payment Calculator

$2,359

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-3765548
7
/10

  • Fpg Elementary School

  • 101 Smith Level Rd

  • 1.36 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-3765549
5
/10

  • Culbreth Middle School

  • 225 Culbreth Rd

  • 0.64 miles

  • Public District Grades 6-8

High School

school-card-donut-3765550
7
/10

  • Carrboro High School

  • 201 Rock Haven Rd

  • 1.35 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 $66,489. Typical income of Chapel Hill, NC residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 Market St Unit 207

What is the listing price of this property?

The listing price of 700 Market St Unit 207 property is $399,000.

What type of property is this?

The property 700 Market St Unit 207 is a condo located in Chapel Hill, North Carolina, 27516.

Is this property for sale now?

Active Listing: 700 Market St Unit 207 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 700 Market St Unit 207 are:
Fpg Elementary School: GreatSchools Rating 7/10
Culbreth Middle School: GreatSchools Rating 5/10
Carrboro High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,100 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 700 Market St Unit 207 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 700 Market St Unit 207 is 1,075 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Market St Unit 207 is 2002.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27516›700 Market St Unit 207

This home is located at 700 Market St Unit 207 in Chapel Hill, NC and zip code 27516 in the Southern Village neighborhood. This 1,075 square foot home was built in 2002. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $399,000.

In March 2024 more than 50 listings in Chapel Hill, NC were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 30 were sold below. The number of homes for sale in Chapel Hill, NC increased by 12.3% between February 2024 and March 2024. In March 2024 median list price was $659,600 and the average listing age was 58 days.

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

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