INNOVATE Real Estate
Living & Kitchen 1 Large - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Kitchen - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Living & Kitchen - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Dining & Kitchen - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Secondary Bedroom - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Secondary Bedroom Bedroom 1 Large - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Hall Full Bath - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Hall Full Bath - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Primary Bedroom - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Primary Bedroom - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Primary Bathroom - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Primary Walk In Closet - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Laundry - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Front Door - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
Entrance - 500 Umstead Drive, Chapel Hill, NC 27516, Chapel Hill
15 photos

$182,000

500 Umstead Drive, Chapel Hill, NC 27516
Chapel Hill, NC 27516
Listed by Julie Veneto Llanes · Better Homes & Gardens Real Es
Bedrooms
2
Bathrooms
1.5
Living area
N/A
Year built
1972

About this home

Two bedroom condo in Chapel Hill. Completely redone inside with new kitchen & upgraded appliances, flooring, bathrooms. 4 minutes from UNC campus, walking distance to Umstead Park &nature trails. HVAC new in last year.

Property details

MLS
Doorify MLS
MLS #
10193752
Property type
Condominium
Subdivision
Bolinwood Condominiums
Status
Active
Days on market
31
On market date
September 19, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
2
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Carrboro Elementary
0.96 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
529
Student:teacher ratio
12.3:1
District
Chapel Hill-Carrboro City Schools
Middle
Smith Middle
1.45 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
716
Student:teacher ratio
13.8:1
District
Chapel Hill-Carrboro City Schools
High
Chapel Hill High
1.75 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
1,505
Student:teacher ratio
15.5:1
District
Chapel Hill-Carrboro City Schools

Walkability

Blended score for Chapel Hill's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

63
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes10
Grocery stores0
Parks4
Schools7
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Chapel Hill, from live MLS data.

On the market 31 days -- 104 fewer days than Chapel Hill's current average of 135 days.
For reference, the median list price across 641 active listings in Chapel Hill right now is $532,000.

Mortgage calculator

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Est. monthly payment
$1,246/mo
$36,400 down
$145,600 loan
Principal & interest$944
Property tax (est.)$152
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 11 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.