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606 Oak Tree Dr, Chapel Hill, NC, 27517

2beds
3baths
1,146sqft
$316,000
$276price/sqft
$2,246/moest. monthly cost
$89,840/yrincome needed

About This Home

End unit condo with great amenities nestled in a beautiful greenspace and located in the heart of Chapel Hill. Newly renovated kitchen and freshly painted interior with 2 spacious bedrooms and 2 1/2 bthrms with new vanity in hall bath. The large Living area leads out to backyard patio and greenery. Close to shopping, restaurants, walking trails and UNC. Community pool and clubhouse.

Getting Around

57
WalkingSomewhat Walkable
43
TransitSome Transit
87
BikeVery Bikeable

Schools

5/10
9/10

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Vertical Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven,Washer/Dryer

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,146
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,146
  • Total interior livable area: 1,146 sqft

Property

Details

  • Parcel number: 9798451394.037
  • Attached to another structure: Yes
  • Zoning: [
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes

Parking

  • Total spaces: 1
  • Parking features: Open
  • 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 FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
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 $1,597$19,164
Home Insurance *$93$1,116
Property Taxes $356$4,272
Electricity $200$2,405
Total$2,246$26,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,005/yr
40% on housing$67,380/yr
45% on housing$59,893/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

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 27517$267
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
2026-05-09Listed for sale$316,000
2026-04-27Pending sale$316,000
2025-11-16Listed for sale$316,000
2025-10-07Listing removed$285,000
2025-08-21Price change$285,000
2025-06-15Listed for sale$295,000
2025-05-10Listing removed$1,700
2025-04-29Listed for rent$1,700
2024-04-26Listing removed--
2024-03-25Listed for rent$1,650
2005-12-01Sold$133,000

For Sale by Agent

AgentPaul Inserra
BrokerageRed Door Company

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