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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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617 Park Pl , Chapel Hill, NC 27514
$485,000
Est. Payment: $1,077.78/mo
1 Bed
1 Bath
638 Sqft
Status: Active | Days on site: 5
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1264 - C73154
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House Description

Hit the jackpot at 617 PARK PLACE—with FREE PARKING and all! (Sorry, Monopoly money not accepted!) This may be one of the coolest opportunities in DOWNTOWN CHAPEL HILL, practically on the UNC CAMPUS! Quaint, cool, private, and packed with possibilities, this one-level bungalow could be an ideal fit for students, faculty, investors, a weekend getaway, Tar Heel tailgating headquarters, long-term rental, or short-term rental potential—subject to applicable regulations. And don't let the bungalow fool you—this one LIVES LARGE! The open floorplan, high ceilings, great natural light, and extra storage maximize the space, while a private deck overlooking wooded views creates a surprisingly peaceful escape right in the middle of it all. For investors, it's all about LOCATION + FLEXIBILITY + OPPORTUNITY—and 617 Park Place delivers. Whether you're looking for rental potential, a Chapel Hill home base, a place for your UNC student, or simply a unique property in an incredibly hard-to-replicate location, this one deserves a look. Walk to the action. Come home to the quiet. Own your own PARK PLACE in Chapel Hill!

Highlights

Listed by Chad Lloyd , 919-606-8511 Long & Foster Real Estate INC , 919-942-4822.

Property Type

Residential

Lot/Acreage
0.05

Year Built

1932

County

Orange

Neighborhood

Not in a Subdivision

Listing ID

10192211

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Built-In Gas Range, Built-In Range, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:Living Room,Raised Hearth
Floor:Carpet,Hardwood,Tile,Wood
Above Ground Sq Ft:638
Below Ground Sq Ft:0
Other:
  • Additional:Breakfast Bar, Ceiling Fan(s), High Speed Internet, Open Floorplan, Pantry, Master Downstairs, Recessed Lighting, Tile Counters, Track Lighting
Water:Public

Exterior Features

Lot:Level,Native Plants,Partially Cleared,Wooded
Lot Dimensions:35 x 61 x 16 x 28 x 78
Zoning:R-2
Roof:Shingle
Others:
  • Additional:Rain Gutters, Deck
Sewer:Public Sewer
Parking Features:Gravel,Off Street,See Remarks
Principal Interest
$1,078
Taxes
$277

Home Price

$485,000

Loan Details

30 yrs
%

Down Payment

20%
$97,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,077.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,077.78 $276.96 $0.00 $1,354.74
Yearly $12,933.33 $3,323.54 $0.00 $16,256.87
Total $388,000.00 $99,706.20 $0.00 $487,706.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Chapel Hill, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.