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106 Markham Dr, Chapel Hill, NC, 27514

3beds
2baths
1,377sqft
$450,000
$327price/sqft
$3,095/moest. monthly cost
$123,800/yrincome needed

About This Home

Chapel Hill Opportunity - Brick Ranch on .53 acres Corner Lot Near UNC!Don't miss this rare opportunity just minutes from UNC! Listed below appraised value. Situated on a spacious corner lot, this classic 3-bedroom, 2-bath brick ranch offers endless potential—perfect for renovation, expansion, or even redevelopment. Per the Town of Chapel Hill: This property can have a single family house and an ADU of up to 1,200 square feet. Inside, you'll find a traditional layout, with 3 bedrooms and 2 full baths, a kitchen, and a living room. Including a full basement with garage access, offering great additional space and flexibility. The home sits in a prime location, close to campus, shopping, dining, and transit—making it ideal for homeowners, investors, or builders alike. Whether you're looking to restore its original charm or start fresh with a custom build, this property offers a fantastic canvas in a highly desirable area of Chapel Hill. Property is being sold as-is. Bring your vision and make it your own!

Getting Around

22
WalkingCar-Dependent
33
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

8/10
8/10
9/10

Construction

Condition

  • Year built: 1957

Materials

  • Foundation: Permanent
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Range
  • Laundry features: In Kitchen,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight, Full, Walk-Out Access, Walk-Up Access

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bathtub/Shower Combination
  • Flooring: Hardwood,Tile,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,377

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,377
  • Total interior livable area: 1,377 sqft

Property

Details

  • Parcel number: 9799172676
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes

Lot

  • Lot size: 0.53 Acres

Parking

  • Total spaces: 1
  • Parking features: Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Heat Wave
Lightning
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 $2,275$27,300
Home Insurance *$126$1,512
Property Taxes $494$5,928
Electricity $200$2,405
Total$3,095$37,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,114/yr
40% on housing$92,850/yr
45% on housing$82,533/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

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 27514$294
Orange County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 27514$311
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
2026-03-31Price change$475,000
2026-03-01Listed for sale$510,000
2026-03-01Listing removed$510,000
2025-08-15Listed for sale$510,000
2025-01-04Listing removed$1,600
2024-09-25Price change$1,950
2024-09-18Listed for rent$2,100
2018-08-30Listing removed$1,050
2018-08-21Listed for rent$1,050
2018-06-21Listing removed$1,050
2018-06-16Listed for rent$1,050
2016-08-11Listing removed$1,095
2015-08-18Listing removed$1,190
2015-08-04Price change$1,190
2015-07-07Listed for rent$1,290

For Sale by Agent

AgentMelissa H White
BrokerageKeller Williams Central

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