Check Availability
$759,000
↓ $16K (2.1%)
● House - For Sale

205 Palafox Drive

Chapel Hill, NC 27516
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,177 Ft²
$4,505
Est. Monthly
$7
HOA / Fees

About This Property

Located in Northwood, this beautifully updated 3,177-sq.-ft. home offers 4 bedrooms, 2.5 baths, a large bonus room and a backyard adjoining neighborhood green space. Highlights include a remodeled kitchen with custom cabinetry, quartz countertops and stainless appliances, hand-scraped hardwood floors throughout both levels-no carpet-custom built-ins, gas fireplace, butler's pantry and excellent storage. Pre-sale inspected with repairs completed and ideally located minutes from I-40, shopping and dining, approximately 10 minutes to UNC and downtown Chapel Hill and 15 minutes to Duke.
Unit Size
3,177 Ft²
Days on Market
61 days
Land Size
0.22 acres
Price per sqft
$239
Property Type
House
Property Taxes
$771
HOA Dues
$7
Year Built
2000

Listed By

Jodi Bakst
Real Estate Experts

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Last updated: 9 days ago (TMLS #10192213)

Price History

Date / Event Date Event Price
Oct 23, 2026 Price Decreased $759,000
↓ $16K (2.1%)
Price Decreased
Sep 11, 2026 Listed by Real Estate Experts $775,000
Listed by Real Estate Experts
Oct 25, 2017 Sold
Sold
Jul 19, 2004 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Bathtub/Shower Combination, Butler's Pantry, Quartz Counters, Separate Shower, Walk-In Shower
Appliances: Built-In Gas Range, Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater
Flooring Type: Carpet, Hardwood, Tile, Wood
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Sink
Rooms: 11
Has Fireplace
Fireplace Features: Family Room, Gas, Glass Doors, Living Room
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 3177
Security Features: Smoke Detector(s)
Property Condition: Updated/Remodeled
Architectural Style: Transitional
Year Built: 2000
Building Area Total: 3177
Levels: Two
Window Features: Double Pane Windows
Construction Materials: Brick Veneer, Vinyl Siding
Patio and Porch Features: Deck
Lot Features: Back Yard, Front Yard, Landscaped
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
Lot Size Dimensions: 75 x 129
Water Source: Public
Financial Details
Tax Assessed Value: $719,200
Tax Annual Amount: $9,250
Utilities Details
Cooling Type: Central Air
Heating Type: Fireplace(s), Floor Furnace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $80
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2004
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 583
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,830
  • Gross Building Area: 5,466
  • Building Area: 2,830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,830
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWOOD
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 78 SEC 1 PH 2 NORTHWOOD V P85/39

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011207

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 6382/241
  • District: 7
  • Section: 1
  • Subdivision Phase Number: 2
  • Parcel: 9880-15-0369
  • Municipality: CHAPEL HILL
  • Latitude: 35.9629
  • Longitude: -79.064

    Address

  • Full Address: 205 Palafox Dr
  • Address - House Number: 205
  • Address - Street Name: Palafox
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C023
  • 4-Digit Zip Code: 1179
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $726,654
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 75
  • Final Value: 714,042
  • High Value: 848,972
  • Low Value: 579,112

    Market Valuation

  • Market Total Value: $435,100
  • Market Land Value: $130,000
  • Market Improvement Value: $305,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,100
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $305,100

    Sales

  • Current Sale Contract Date: Oct 25, 2017
  • Current Sale Recording Date: Oct 25, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20171025000212260
  • Previous Sale Recording Date: Jul 19, 2004
  • Previous Sale Contract Date: Jul 07, 2004
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwood


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Frequently Asked Questions

When was property at 205 Palafox Drive built and last sold?
The property at 205 Palafox Drive was built in 2000 and last sold on Oct 25, 2017 for $439,500.
How much is this home worth?
The estimated value of the home located at 205 Palafox Drive is $766,589.
What are some comparable homes to 205 Palafox Drive?
There are currently no comparable homes to 205 Palafox Drive.