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506 S Camellia St, Chapel Hill, NC, 27516

5beds
4baths
3,555sqft
$975,000
$274price/sqft
$6,626/moest. monthly cost
$265,040/yrincome needed

About This Home

Discover this beautifully appointed 5-bedroom, 3.5-bath single-family residence tucked into a highly desirable neighborhood known for its exceptional schools and strong community appeal. From the moment you arrive, the home's curb presence and thoughtful landscaping speak to a property that has been well cared for; inside, generous living spaces unfold with a layout designed for both everyday family life and gracious entertaining. High ceilings and abundant natural light create an inviting atmosphere throughout, while each bedroom offers comfortable, private retreats for family members and guests alike. The heart of the home is an expanded, updated kitchen that will delight chefs and casual cooks alike -- generous workspace, quartz countertops, and well-planned storage make meal preparation effortless and social. Adjoining living and dining areas provide flexible flow for large gatherings or cozy family evenings. Practical interior features elevate daily convenience: a 3.5-bath configuration supports busy morning routines, and ceiling-mounted storage in the garage maximizes organization and frees up floor space for vehicles or projects. An electric car charger is already in place to support modern, eco-conscious lifestyles. Outdoors, thoughtful low-maintenance improvements make the backyard an oasis of activity and ease. Artificial turf provides a lush, green surface year-round without the upkeep of natural grass; a new retaining wall stabilizes and enhances the landscape; and a playset with swings creates an immediate play area for children. Entertain or exercise on the newly poured concrete patio that doubles as a basketball court, and enjoy additional storage in an 8x8 shed. Gravel walkways meander through the yard for visual interest and durability. Energy-efficiency is further supported by professionally installed solar panels, delivering long-term savings and a smaller carbon footprint. Meticulously updated and thoughtfully equipped, this home blends practical upgrades with family-friendly design, making it an exceptional place to live and grow.

Getting Around

13
WalkingCar-Dependent
18
TransitMinimal Transit
65
BikeBikeable

Schools

9/10
Chapel Hill High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Shingle
  • Construction materials: Fiber Cement

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Hardwood,Tile
  • Finished area below ground: 0
  • Finished area above ground: 3,555

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,555
  • Total interior livable area: 3,555 sqft

Property

Details

  • Parcel number: 9779371712
  • Zoning: R20
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 2
  • Has view: Yes

Lot

  • Lot size: 8,276 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $4,930$59,160
Home Insurance *$269$3,228
Property Taxes $1,096$13,152
Electricity $331$3,973
Total$6,626$79,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$227,177/yr
40% on housing$198,780/yr
45% on housing$176,693/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

$274This 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
2026-05-09Price change$975,000
2026-05-05Price change$1,099,000
2026-04-24Listed for sale$1,130,000
2021-02-24Sold$615,000
2018-05-11Sold$500,000
2012-06-21Sold$470,000
2010-06-25Sold$535,000

For Sale by Agent

AgentJohn Crncic
BrokerageWest End Real Estate Group

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