4 Shepherd Ln #C, Chapel Hill, NC, 27514
About This Home
Seller contributing $1,000 - ideal for a one-year home warranty to protect your investment from day one or apply it toward closing costs. Buyer's choice! Low maintenance end-unit condo in a quiet, park-like setting in the heart of Chapel Hill - just minutes from UNC and downtown. This bright 2-bedroom, 1-bath unit offers a functional layout with spacious bedrooms, each with a roomy closet and plush carpet. The kitchen features warm oak cabinetry, an updated stainless-steel refrigerator, dishwasher, and good natural light with peaceful, tree-lined views. In-unit stacked washer/dryer included. Clean and move-in ready throughout. Best of all, convenient location within walking distance to University Place, Chapel Hill Community Center, Harris Teeter, Silverspot Cinema, Caffe Driade, local restaurants, and the post office. Easy access to trails and the free local bus line. Strong investor appeal with proven rental demand from UNC students, faculty, and staff - making this an excellent income-producing property or easy living option for those looking to simplify.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1967
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick Veneer
Type & Style
- Home type: Condo
- Architectural style: Traditional
- Property subType: Condominium,Residential
Interior
Appliances
- Appliances included: Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Refrigerator,Washer/Dryer Stacked
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Carpet,Vinyl
- Finished area below ground: 0
- Finished area above ground: 800
- Common walls with other units/homes: End Unit
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: Ceiling Fan(s),Wall Unit(s)
Interior Area
- Total structure area: 800
- Total interior livable area: 800 sqft
Property
Details
- Parcel number: 9799017509.018
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Has view: Yes
Parking
- Total spaces: 1
- Parking features: Additional Parking
- Has uncovered spaces: Yes
- Uncovered 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
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $803 | $9,636 |
| Home Insurance * | $44 | $528 |
| Property Taxes | $186 | $2,232 |
| Electricity | $200 | $2,405 |
| Total | $1,233 | $14,796 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-18 | Listed for sale | $159,000 |
| 2026-07-14 | Listing removed | $159,000 |
| 2026-06-19 | Price change | $159,000 |
| 2026-05-27 | Price change | $164,000 |
| 2026-04-28 | Price change | $169,000 |
| 2026-03-05 | Listed for sale | $179,900 |
| 2008-08-04 | Sold | $82,500 |
View on Zillow