When was property at 507 Monroe Street built and last sold?

The property at 507 Monroe Street was built in 1939 and last sold on Aug 23, 1990 for $156,500.

How much is this home worth?

The estimated value of the home located at 507 Monroe Street is $752,450.

What are some comparable homes to 507 Monroe Street?

There are currently no comparable homes to 507 Monroe Street.

Chapel Hill

27516

Forest Hills Place

507 Monroe Street

1 / 51

Map

$671,000 - $819,000

● House - Off Market

507 Monroe Street

Chapel Hill, NC 27516

3 Beds

2 Baths

1932 Sqft

Sold Aug 23, 1990

$156,500

Emmart Niedbalski

Buyer

About This Property

A rare opportunity in Forest Hills Place - so very close to UNC Campus and Hospitals and all surrounding support buildings. This 1939 gem offers enormous potential and location location location! Three Bedrooms 2 baths with an easy use of the office as an additional bedroom. Lots of mystery to this home as you explore the floor plan and all the flexibility therein. Several decks surround the house. A sunroom NOT counted in the square footage measurements is definitely very usable space. The windows in this home are abundant and the light and treetop views are very pleasant. This lot offers exceptional privacy for in town living. Yard has some fenced area for pets and the gardening potential of the property is immense. Be in your new and charming home for the holidays.

The manager has listed the unit size as 1932 square feet.

Unit Size

1,932Ft²

Days on Market

Land Size

0.42 acres

Price per sqft

$386

Property Type

House

Property Taxes

$510

HOA Dues

Year Built

1939

Price History

Date / Event	Date	Event
Apr 1, 2024	No longer available	-
No longer available
Jan 4, 2024	Relisted	$745,000
Relisted
Jan 3, 2024	No longer available	-
No longer available
Nov 13, 2023	Listed	$745,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1939

Effective Year Built: 1960
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Construction Type: Frame
Building Style: Conventional
Exterior Walls Type: Other
Roof Shape Type: Hip
Roof Cover Type: Metal
Floor Count: 1
Living Units: 1
Basement Type: Unspecified basement
Basement Area: 0
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 18,731

Total Building Area: 1,518
Gross Building Area: 4,099
Building Area: 1,518
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: Yes
Heating: Yes
Heated Square Feet: 1,518
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: FOREST HILLS
Land Acres: 0.43
Standard Land Use Code: Single family residential
County Land Use Code: Single family residential
Legal Description 1: P/O 1 FOREST HILLS PLACE P52/173

Ownership

Current Owner : EMMART

Current Owner 2: NIEDBALSKI
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: 011700

Zoning

Zoning: R2

Geography

Assessors Map Reference: 871/141

District: 7
Parcel: 9788-10-6857
Municipality: CHAPEL HILL
Latitude: 35.8956
Longitude: -79.0616

Address

Full Address: 507 Monroe St

Address - House Number: 507
Address - Street Name: Monroe
Address - Suffix Type: St
State: NC
City Name: Chapel Hill
Carrier Code: C011
4-Digit Zip Code: 3016
Zip Code: 27516

Valuation

Tax

Tax Year: 2023

Tax Amount: $6,124
Intital Tax Deliquent Year: 2022
Tax Rate Code Area: CHSC,ORAG,

Appraisal Valuation

Standard Deviation: 0.0757

Valuation Date: Apr 03, 2024
Confidence Score: 94
Final Value: 726,705
High Value: 781,777
Low Value: 671,632

Market Valuation

Market Total Value: $368,300

Market Land Value: $220,000
Market Improvement Value: $148,300

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $368,300
Assessed Land Value: $220,000
Assessed Improvements Value: $148,300

Sales

Current Sale Contract Date: Aug 23, 1990

Current Sale Recording Date: Aug 23, 1990
Current Sale Transaction ID: 1831054083
Current Sale Price: $156,500
Current Sale Document Type: Deed

Redact Ownership Info

Comparables

103 Bristol Drive

Active

House

3 Beds

2.5 Baths

2,112 ft²

$284/ft²

$599,000 Oct 5, 2023

$561/mo

About Forest Hills Place

Stats & Trends

Median Asking:

$745,000

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

140

Average Home Size

1932 ft²

Average Home Age

85 years

Currently For Sale

0 Listings

Similar Homes for Sale

Unit for sale at 103 Bristol Drive, Chapel Hill, NC 27516

$599,000

3 Beds
2.5 Baths
2,112 ft²

103 Bristol Drive, Chapel Hill, NC 27516 Listing by Masha Halpern

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Nearby Rentals

Unit for rent at 530 Copperline Drive, Chapel Hill, NC, 27516

$2,200 /mo

3 Beds
2.5 Baths
1,765 ft²

530 Copperline Drive, Chapel Hill, NC, 27516 Listing by Henry Liu

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507 Monroe Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Forest Hills Place

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions