Check Availability
$1,099,000
↓ $86K (7.3%)
House - For Sale

500 W Rosemary Street

Chapel Hill, NC 27516
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2068 Sqft
$6,329
Estimated Monthly
$0
HOA / Fees
1.89%
Cap Rate

About This Property

Come see this completely renovated Historic gem in a prime location. The original house dates to 1922, but has been updated, blending the historic charm with a more modern touch. New floors, new kitchen cabinets, new appliances, new countertops, new HVAC, new paint... the list goes on & on.
The house is zoned TC-2, so this could be an ideal office for your business. In the past it has been a real estate office, a taxi stand & a student rental, but there a lots of options here with parking. It's a fantastic location close to shops & restaurants  & a stone's throw from UNC, Carrboro & many other businesses.
Come take a look.

The manager has listed the unit size as 2068 square feet.
Unit Size
2,068Ft²
Days on Market
68 days
Land Size
0.15 acres
Price per sqft
$531
Property Type
House
Property Taxes
$933
HOA Dues
-
Year Built
1922
Listed By
Last updated: 2 months ago (TRIANGLE #10013306)

Price History

Date / Event Date Event Price
Mar 13, 2024 Price Decreased $1,099,000
↓ $86K (7.3%)
Price Decreased
Feb 23, 2024 Listed by Dwell Real Estate $1,185,000
Listed by Dwell Real Estate
Mar 4, 2021 Sold $700,000
Sold
Jan 2, 2021 No longer available -
No longer available
Jan 1, 2021 Price Decreased $750,000
↓ $45K (5.7%)
Price Decreased
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1995
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PROPERTY OF BILL BRACEY
  • Land Acres: 0.15
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: N/E INT ROSEMARY & ROBERSON STS

Ownership

  • Current Owner : CHAPELBORO PROPERTIES LLC
  • Previous Owner : BRACEY WILLIAM H
  • Owner Before Previous Owner: CARTER SARAH E
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011300

Zoning

  • Zoning: TC2

Geography

  • Assessors Map Reference: 3056/54
  • District: 7
  • Parcel: 9788-16-0675
  • Municipality: CHAPEL HILL
  • Latitude: 35.9114
  • Longitude: -79.0639

    Address

  • Full Address: 500 W Rosemary St
  • Address - House Number: 500
  • Street Direction: W
  • Address - Street Name: Rosemary
  • Address - Suffix Type: St
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C001
  • 4-Digit Zip Code: 2302
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,192
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,CHDO,

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,124,000
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 29, 2022
  • First Open Lien Mortgage Loan Amount: $3,124,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 29, 2052

    Market Valuation

  • Market Total Value: $653,600
  • Market Land Value: $583,000
  • Market Improvement Value: $70,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $653,600
  • Assessed Land Value: $583,000
  • Assessed Improvements Value: $70,600

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Transaction ID: 11823668593
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30042114
  • Previous Sale Recording Date: Jun 13, 2003
  • Previous Sale Contract Date: Jun 13, 2003
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 04, 2021
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL CAROLINA BANK
  • Previous Mortgage Transaction Date: Jun 13, 2003
  • Previous Mortgage Loan Amount: $148,059
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,084 ft²
$373/ft²
$1,150,000 Sep 13, 2022
-
$417/mo
Commercial
Loft
-
-
$1,300,000 Oct 17, 2022
-
-

About Northside


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Frequently Asked Questions

When was property at 500 West Rosemary Street built and last sold?
The property at 500 West Rosemary Street was built in 1922 and last sold on Mar 1, 2021 for $700,000.
How much is this home worth?
The estimated value of the home located at 500 West Rosemary Street is $1,154,380.
What are some comparable homes to 500 West Rosemary Street?
Homes that are comparable to 500 West Rosemary Street include a commercial property at 203 North Greensboro Street, a house property at 206A Laurel Avenue, which are both great to check out.

Nearby Counties
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