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1002 Willow Dr APT 107, Chapel Hill, NC, 27514

2beds
2baths
970sqft
$260,000
$268price/sqft
$1,879/moest. monthly cost
$75,160/yrincome needed

About This Home

Stylish 2-Story Renovated Condo in Chapel Hill - Pool-Facing, Turnkey Investment or Dream Home Welcome to 1002 Willow Drive, Unit 107 — a beautifully updated, 2-bedroom, 1.5-bathroom, 2-story condo ideally located in the heart of Chapel Hill. This fully renovated, townhouse-style unit offers modern finishes, unbeatable location, and strong rental history — making it a perfect fit for homeowners, UNC affiliates, and savvy investors alike. ✨ Property Highlights: Fully Renovated Throughout: No detail overlooked — new luxury vinyl plank flooring, fully remodeled kitchen with modern cabinetry and granite countertops, updated bathrooms, new vanities, light fixtures, and fresh paint throughout. Townhouse-Style Layout: Enjoy separation of space with bedrooms and full bath upstairs, and kitchen, living area, and half-bath on the main level — ideal for privacy, guests, and entertaining. Directly Facing the Community Pool: One of the best-located units in the complex, just steps to the pool — practically your own front-yard view. Private Outdoor Patio: Perfect for morning coffee or evening relaxation. Ground-Level Entry with Two Stories: All the benefits of ground-floor access with the space and layout of a townhouse. Built in 1967 and recently renovated top to bottom for modern living. 📍 Incredible Location: Located across from University Place Mall, with shops, Target, Silverspot Cinema, grocery stores, cafés, gyms and more within a 2-minute walk. 5-minute drive to UNC-Chapel Hill, UNC Hospitals, and Franklin Street. On Chapel Hill's free bus line, offering direct access to campus and transit routes. Easy access to I-40, Duke University, downtown Durham, and the greater Triangle region. 💼 Investment Ready: Last rented for $2,700/month to traveling professionals — strong ROI potential. Mid to Long-term rental success — strong occupancy and tenant reviews. Optional furnished sale makes it ready for instant cash flow. HOA covers water, sewer, trash, exterior maintenance, and community amenities — simplifying ownership and management. 💡 Perfect For: Investors: Reliable rental income with excellent location and layout. UNC Parents: Secure, stylish alternative to student housing — save money and build equity. Medical/Academic Professionals: Live minutes from work or host visiting colleagues year-round. Homeowners & Downsizers: Enjoy low-maintenance living with style, space, and convenience. 🛏️ Property Details: Address: 1002 Willow Dr Unit 107, Chapel Hill, NC 27514 Size: Approx. 970 sq. ft. over 2 floors Bedrooms: 2 Bathrooms: 1 full upstairs + 1 half on main level Year Built: 1967 Style: 2-story condo (townhouse layout) HOA Includes: Trash, exterior maintenance, community pool, land-scaping Parking: Assigned lot parking, Guest parking as well Laundry: Shared facility in building This stylish, move-in ready, pool-facing condo in a prime Chapel Hill location offers the perfect mix of modern upgrades, functional layout, and income potential. Whether you're looking to live in it, lease it, or both — this rare 2-story gem is a must-see. 📩 Contact us today to schedule your private tour or to request rental financials and furnishing options.

Getting Around

55
WalkingSomewhat Walkable
35
TransitSome Transit
82
BikeVery Bikeable

Schools

8/10
9/10

Construction

Condition

  • Year built: 1967

Materials

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

Type & Style

  • Home type: Townhouse
  • Architectural style: Transitional
  • Property subType: Condominium,Residential,Townhouse

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer,Water Heater
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

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

Features

  • Bathtub/Shower Combination,Ceiling Fan(s),Eat-in Kitchen,Granite Counters,Kitchen/Dining Room Combination
  • Door features: Storm Door(s)
  • Window features: Double Pane Windows
  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 970

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 970
  • Total interior livable area: 970 sqft

Property

Details

  • Parcel number: 9799137408.107
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Association,Community,Fenced,In Ground,Outdoor Pool,See Remarks
  • Patio & porch: Front Porch,Patio,Rear Porch
  • Exterior features: Rain Gutters
  • Fencing: None
  • Has view: Yes
  • View description: Garden,Neighborhood,Pool

Lot

  • Features: Back Yard,Close to Clubhouse,Cul-De-Sac,Landscaped,Near Public Transit

Parking

  • Total spaces: 1
  • Parking features: Additional Parking,Asphalt,Assigned,Electric Vehicle Charging Station(s),Guest,Parking Lot
  • 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

  • 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 $1,314$15,768
Home Insurance *$73$876
Property Taxes $292$3,504
Electricity $200$2,405
Total$1,879$22,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,422/yr
40% on housing$56,370/yr
45% on housing$50,106/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

$268This listing

vs Other Active Listings

Avg $/sqft

ZIP 27514$297
Orange County$274

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
2026-01-02Listed for sale$260,000
2026-01-01Listing removed$270,000
2025-12-01Price change$270,000
2025-09-08Price change$289,000
2025-06-11Listed for sale$299,000
2021-04-16Sold$174,400
2021-03-22Pending sale$168,500
2021-03-18Listed for sale$168,500
2019-07-12Listing removed$995
2019-05-08Listed for rent$995
2018-04-27Listing removed$995
2018-04-12Listed for rent$995
2014-01-15Listing removed$795
2013-12-22Price change$795
2013-12-14Listed for rent$825
2013-12-12Sold$97,000
2011-09-13Listing removed$114,900
2011-06-05Listed for sale$114,900
2004-12-14Sold$96,500

For Sale by Agent

AgentElad (Dale) Sela
BrokerageBlue Moon Properties

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