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400 W Rosemary St Unit 111, Chapel Hill, NC, 27516

2beds
2baths
1,471sqft
$699,000
$475price/sqft
$4,486/moest. monthly cost
$179,440/yrincome needed

About This Home

Have you dreamed of living in downtown Chapel Hill? Then come take a look at this beautifully renovated condo in the midst of downtown, walkable to UNC, local shops and restaurants and just a few blocks from Carrboro. With 1471 square feet, it's larger than many downtown 2 BR condos. Boasting a fabulous kitchen and two newly renovated bathrooms which were just completed at a cost of $100k. With hardwood floors, fresh paint, a gas log fireplace and a rooftop deck to enjoy almost all year long, this is the perfect landing pad for someone looking for a home in pristine condition and move-in ready! Interior furnishings, some custom built for the unit, are available for conveyance. Ready for convenient downtown living, close to UNC, restaurants, services and shops? Make this comfortable, stylish condo your home!

Getting Around

91
WalkingWalker's Paradise
56
TransitGood Transit
99
BikeBiker's Paradise

Schools

3/10
9/10
Chapel Hill High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Block
  • Roof: See Remarks
  • Construction materials: Brick Veneer

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Built-In Electric Range,Dishwasher,Disposal,Dryer,Free-Standing Refrigerator,Range Hood,Stainless Steel Appliance(s),Washer,Washer/Dryer Stacked
  • Laundry features: Inside,Laundry Closet,Upper Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Granite Counters,High Speed Internet,Walk-In Closet(s),Walk-In Shower
  • Window features: Double Pane Windows
  • Flooring: Ceramic Tile,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,471
  • Common walls with other units/homes: 1 Common Wall, End Unit, No One Above

Heating & Cooling

  • Heating features: Electric,Forced Air,Heat Pump
  • Cooling features: Ceiling Fan(s),Central Air,Electric,Heat Pump

Interior Area

  • Total structure area: 1,471
  • Total interior livable area: 1,471 sqft

Property

Details

  • Parcel number: 9788164814.011
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Tri-Level
  • Stories: 3
  • Pool features: None
  • Patio & porch: Terrace,See Remarks
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: City

Lot

  • Features: City Lot

Parking

  • Total spaces: 1
  • Parking features: Assigned,Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters in Orange County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$193$2,316
Property Taxes $559$6,708
Electricity $200$2,405
Total$4,486$53,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,805/yr
40% on housing$134,580/yr
45% on housing$119,626/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$475This listing

vs Other Active Listings

Avg $/sqft

ZIP 27516$291
Orange County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 27516$266
Orange County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Price change$699,000
2026-03-16Listed for sale$725,000

For Sale by Agent

AgentKatherine C Kopp
BrokerageCompass -- Chapel Hill - Durham

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