501 N St Chapel Hill, NC 27514
Property details
About 501 N St
Rarely on market! Supreme location - just 2 blocks from Franklin Street and UNC campus. Situated on a lovely 1/2 acre lot on North Street, surrounded by beautiful mature trees, this Colonial Revival style home is named as a contributing structure to the Franklin-Rosemary Historic District's inclusion on the prestigious National Register of Historic Places. This gorgeously renovated home has 5 bedrooms and 2 baths. The accessory apartment has 3 bedrooms and 2 baths for a total of 3700 square feet. The main house is spacious, with light filled rooms, large windows, high ceilings and gorgeous original hardwood floors. There is an abundance of traditional architectural details throughout. It features 2 patios, a deck and a balcony. The accessory apartment was added in 2013, has its own private entrance and features similar fixtures and finishes as the main house. Both have been meticulously maintained with new HVAC systems, newly insulated attic and a newly sealed crawlspace. They both have stainless steel appliances and energy efficient washers and dryers. 501 North Street has been an outstanding rental property for years. Market rates for bedrooms in this neighborhood exceed $1000/month per bed, and continue to be in incredibly high demand. For more information on its rental performance, please refer to the Offering Memorandum. Amazing opportunity that doesn't come around often. Keep it as a gold plate investment property or make it your home in the most desirable neighborhood in Chapel Hill.
Highlights
Summary
- Full Bathrooms: 4
- Basement: Yes
- Flooring Type: Hardwood
- Interior: Built-in Features, Crown Molding
- Fireplace: Bedroom, Family Room
- Total Bedroom Count: 8
- Architectural Style: Colonial, Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,850,000
- Price/SqFt: $506
- Annual Tax Amount: $11,758
- Tax Year: 2023
- Directions: Between Hillsborough and Boundary on the north side of the street
- Year Built: 1937
- Living Area: 3,649 SqFt
- Lot Size: 0.56 Acres
- MLS Number: 10084834
- MLS Name: Doorify MLS
- Office Name: Carolina's Choice Real Estate
- Office Phone: (919) 788-9525
- Office Email: info@carolinaschoicerealestate.com
- Listing Agent: David Wilson, Shelley Allen
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Last updated on: 4/28/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,850,000
501 N St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 14, 2011 | Home Sold | $475,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $717,100 | $11,758 |
| 2022 | $717,100 | $11,263 |
| 2021 | $717,100 | $11,115 |
| 2019 | $695,900 | $11,476 |
| 2018 | $695,900 | $11,225 |
History based on county public records data.
Nearby schools
4
Northside Elementary School
Public District KG-5
0.8 mi
•350 Caldwell Ext
5
Estes Hills Elementary School
Public District KG-5
1.2 mi
•500 N Estes Dr
9
Glenwood Elementary School
Public District KG-5
1.5 mi
•2 Prestwick Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $90,152. Most Chapel Hill, NC residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Men's Tennis
NBA/WNBA
Yoga/pilates
Where do the neighbors shop?
Bloomingdales
Express/Express For Men
H&M
Where do the neighbors go to eat?
Bonefish Grill
Starbucks
Dominos Pizza
What do the neighbors drive?
Lexus
Pontiac
Audi
What do the neighbors listen to?
News
Urban Contemporary
Alternative
Frequently asked questions
About 501 N St
The listing price of 501 N St property is $1,850,000.
The property 501 N St is a house located in Chapel Hill, North Carolina, 27514.
Active Listing: 501 N St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 N St are: Northside Elementary School (GreatSchools Rating 4/10), Estes Hills Elementary School (GreatSchools Rating 5/10), Glenwood Elementary School (GreatSchools Rating 9/10), Guy B. Phillips Middle School (GreatSchools Rating 7/10), Culbreth Middle School (GreatSchools Rating 3/10), Smith Middle School (GreatSchools Rating 5/10), Phoenix Academy High School (GreatSchools Rating 2/10), Chapel Hill High School (GreatSchools Rating 8/10), Carrboro High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $11,758 (source: MLS/based on county public records data).
The last sale was on January 14, 2011 for $475,000 (source: MLS/tax record).
The property at 501 N St has 8 bedrooms and 4 bathrooms.
The property 501 N St is 3,649 SqFt (source: MLS/tax record).
The year of construction for 501 N St is 1937.
This home is located at 501 N St in Chapel Hill, NC and zip code 27514 in the Franklin-Rosemary neighborhood. This 3,649 square foot home, which was built in 1937, sits on a 0.56 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $1,850,000.
Over 33 listings were sold over their listed price in March 2025 in Chapel Hill, NC. In the same period over 63 listings were sold below the listed price and 14 listings were sold for the listed price. The number of homes for sale in Chapel Hill, NC increased by 37.3% between February and March 2025. In March 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $656,708.