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407 Hickory Dr, Chapel Hill, NC, 27517

3beds
2baths
1,331sqft
$435,000
$327price/sqft
$3,012/moest. monthly cost
$120,480/yrincome needed

About This Home

This well-maintained older residence is situated in an excellent location within a welcoming neighborhood. The property is within walking distance of the newly redesigned University Place shopping area, which offers a grocery store, diverse dining options, a movie theater, and a twice-weekly farmer's market. An optional neighborhood swimming club is also nearby. The 69-year-old home is ready for occupancy, featuring a freshly painted and impeccably clean interior. It contains 3 bedrooms, 1.5 baths, and hardwood flooring throughout. The living and dining area opens via glass sliding doors to a brick patio, and the kitchen provides direct access to the patio as well. The kitchen is equipped with granite countertops, stainless steel appliances, and a pantry. Additional amenities include a sunroom with tile flooring, a laundry room with ample storage, an exterior storage closet, and a tankless water heater. Situated on a large, level lot, the property offers significant potential for renovation or expansion, along with abundant space for gardening and recreational areas. The owners possess a survey and architectural plans for possible expansion or renovation, which they are prepared to share with interested buyers.

Getting Around

61
WalkingSomewhat Walkable
33
TransitSome Transit
67
BikeBikeable

Schools

5/10
8/10
9/10

Construction

Condition

  • Year built: 1957

Materials

  • Roof: Shingle
  • Construction materials: Brick Veneer,Masonite,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Range Hood,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Bathtub/Shower Combination,Ceiling Fan(s),Entrance Foyer,Granite Counters,Living/Dining Room Combination,Pantry
  • Window features: Blinds
  • Flooring: Hardwood,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,331

Heating & Cooling

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

Interior Area

  • Total structure area: 1,331
  • Total interior livable area: 1,331 sqft

Property

Details

  • Parcel number: 9799320534
  • Zoning: R-2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch,Patio
  • Exterior features: Rain Gutters,Storage
  • Has view: Yes

Lot

  • Lot size: 0.26 Acres

Parking

  • Parking features: Asphalt,Driveway

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

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Hail
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 $2,199$26,388
Home Insurance *$128$1,536
Property Taxes $485$5,820
Electricity $200$2,405
Total$3,012$36,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,268/yr
40% on housing$90,360/yr
45% on housing$80,320/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 27517$266
Orange County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 27517$250
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
2026-03-25Listed for sale$435,000
2026-03-09Pending sale$435,000
2026-02-26Listed for sale$435,000
2023-06-14Sold$410,000
2023-05-22Contingent$385,000
2023-05-20Listed for sale$385,000
2014-11-13Sold$189,000
2014-10-07Listing removed$1,200
2014-10-02Listed for rent$1,200
2014-07-27Price change$199,900
2014-07-03Price change$205,000
2014-05-09Listed for sale$219,900
2013-08-07Listing removed$189,900
2013-04-26Listed for sale$189,900
2013-02-17Listing removed$189,900
2012-08-20Listed for sale$189,900
2011-08-19Listing removed$1,150
2011-07-24Price change$1,150
2011-06-27Listed for rent$1,250
2011-04-24Listing removed$200,000
2010-05-01Price change$200,000
2010-04-17Listed for sale$215,000
2006-10-23Sold$194,000

For Sale by Agent

AgentTony Hall
BrokerageBerkshire Hathaway HomeService

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