
1002 Willow Drive Apt 107, Chapel Hill, NC 27514
Willow Terrace Condos · Orange County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Condominium
Structure Type
Townhouse
Year Built
1967
Stories
2
Living Area
970 sq ft
Parking Spaces
1
Days on Market
196
MLS® Listing#
10138898
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Community
Utilities
Sewer
Water Source
Rooms
- Main
- Bathroom 2Main
- Bedroom 2Second
- Dining RoomMain
- Family RoomMain
- KitchenMain
- LaundryMain
- Master BathroomSecond
- Master BedroomSecond
Schools
- Elementary:
- Chapel Hill Carrboro - Mel and Zora Rashkis Elemen
- Middle:
- Chapel Hill Carrboro - Guy B Phillips Middle Schoo
- High:
- Chapel Hill Carrboro - East Chapel Hill High Schoo
Financial Details
HOA
$220 / Monthly
Annual Taxes
$3,537
Tax year 2026
Assessed Value
$259,900
Parcel Number
9799137408.107
Directions
Head southeast on US-15 N/US-501 N toward US-15 S/US-501 S Turn left onto Willow Dr Turn right at the 3rd community entrance and immediately left Follow the road to the end until you see the pool. Home is opposite the community pool.
Affordability Calculator
$52,000
Estimated monthly payment
$1,384/mo
Principal $208,000 · Est. interest $290,179 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chapel Hill, NC
- $629,299
- Median Listing Price
- 67
- Median Days on Market
- 2,315
- Median Sq Ft
- $269
- Median Price / Sq Ft
- 748
- Active Listings
- This home’s price is 59% below the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chapel Hill, NC.
Location
Points of Interest in Chapel Hill, NC
Showing the Chapel Hill area map.
Nearby Schools
Binkley Preschool
School · 0.2 mi away
Montessori Day School
Elementary · 0.5 mi away
Ephesus Road Elementary
Elementary · 0.7 mi away
Estes Hills Elementary
Elementary · 1.0 mi away
Guy B Phillips Middle School
Secondary · 1.1 mi away
Rashkis Elementary School
Elementary · 1.6 mi away
Montessori Community School
Elementary · 1.6 mi away
Preschool at the Chapel of the Cross
School · 1.6 mi away
Primrose Schools
Elementary · 1.7 mi away
Chapel Hill-Carrboro City Schools
Elementary · 1.7 mi away
St. Thomas More Catholic Church
School · 1.8 mi away
Goddard School
School · 1.9 mi away
UNC Visitors Center
School · 1.9 mi away
Creekside Pta
Elementary · 2.0 mi away
A Toddler's Place
School · 2.0 mi away
East Chapel Hill High School
Secondary · 2.1 mi away
North Carolina High School Athletic Association
Secondary · 2.1 mi away
Northside Elementary School
Elementary · 2.2 mi away
Learning Expressions
School · 2.5 mi away
Montessori Academy of Chapel Hill
Elementary · 2.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 500 Umstead Drive C206, Chapel Hill, NC | $185,000 | 2 | 2 | 955 |
| 83 & 91 Flying Eagle Drive, Snow Hill, NC | $185,499 | 3 | 2 | 2,458 |
| 227 Schultz Street, Chapel Hill, NC | $189,500 | 2 | 3 | 1,190 |
| 128 Schultz Street, Chapel Hill, NC | $189,500 | 2 | 3 | 1,186 |
| 108 Ephesus Church Road 414, Chapel Hill, NC | $189,900 | 2 | 2 | 857 |
| 10200 US 23 Highway, Mars Hill, NC | $190,000 | 2 | 1 | 768 |
Moving Cost Estimate
EXIT Agents in Chapel Hill
Listing Courtesy: Blue Moon Properties - 9192599443
Last Updated: 2026-01-02
















