Condo / High-rise home in 524 Aberdeen Dr #204 Chapel Hill, NC
Set in Chapel Hill, NC, this Condo condo provides 1 bedroom and 2 bathrooms across 760 square feet. Its Condo character defines the property's look.
| Price | $320,000 |
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| Beds | 1 |
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| Baths | 2 |
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| Sqft | 760 |
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| Architectural style | Condo / High-rise (55% match) |
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| Address | 524 Aberdeen Dr #204 Chapel Hill, NC 27516 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little under the area.
- At $320K, this home is 11% below the $360K median for 74 similar Condo / High-rise homes in Chapel Hill, NC.
- That works out to $421 per square foot, 36% above the $309 comparable rate.
- New to market (5 days), so expect competition.
| This home | $320,000 |
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| Condo / High-rise median in Chapel Hill, NC | $359,500 (74 homes) |
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| Price per sq ft | $421 vs. $309 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,090/month with 20% down at a 7.28% 30-year fixed rate. You would need about $89,582 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,752/mo |
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| Property tax (new-buyer reassessed rate) | $219/mo |
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| Homeowners insurance | $120/mo |
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| Total monthly | $2,090/mo |
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| Down payment (20%) | $64,000 |
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| Income needed | $89,582/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (53 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (53/100) |
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| Beats renting in | 6% of modeled paths |
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| Modeled 5-yr equity (median) | $129,764 |
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| Range (10th to 90th pct) | $71,040 to $199,527 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Movoto