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7202 Old State Highway 86, Chapel Hill, NC, 27516

3beds
2baths
2,163sqft
$650,000
$301price/sqft
$4,154/moest. monthly cost
$166,160/yrincome needed

About This Home

Situated on 4 acres just off NC-86, this 3-bedroom, 2-bath brick home offers space, privacy, and opportunity in a prime Chapel Hill location. Built in 1963 with over 2,100 square feet, the property features solid masonry construction, a functional layout, and a fireplace that adds warmth and character. The expansive lot provides endless potential for outdoor living, expansion, or investment. Conveniently located with quick access to Hillsborough, I-40, and downtown Chapel Hill, this property delivers the perfect balance of rural feel and city accessibility. Ideal for buyers looking to personalize a home with strong fundamentals in a highly desirable area.

Getting Around

3
WalkingCar-Dependent
21
TransitMinimal Transit
32
BikeSomewhat Bikeable

Schools

10/10
8/10
Mcdougle Middle SchoolGrades 6-83.0 mi
9/10
Chapel Hill High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1963

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 2,163

Heating & Cooling

  • Heating features: Central,Fireplace(s),Radiant
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,163
  • Total interior livable area: 2,163 sqft

Property

Details

  • Parcel number: 9860981648
  • Zoning: RR
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck
  • Has view: Yes

Lot

  • Lot size: 4 Acres

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
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather

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 $3,286$39,432
Home Insurance *$179$2,148
Property Taxes $488$5,856
Electricity $201$2,417
Total$4,154$49,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$142,422/yr
40% on housing$124,620/yr
45% on housing$110,773/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

$301This 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
2026-04-07Listed for sale$650,000
1995-04-17Sold$80,000

For Sale by Agent

AgentJabari Jocef Higgins
BrokerageJJH REALTY

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