Back 505 Marion Way
Off Market

505 Marion Way

Chapel Hill NC 27516

3
2
4
1611 sq. ft.
43995.6 sq. ft.
Single-Family
Last sold for $470,000
Peggy JenningsPeggy Jennings, last sold this property on 27 May 2025 after 47 days on market.

Overview

OFFER DEADLINE- SUNDAY 2PM. Nestled on a quiet cul-de-sac in the desirable Robins Wood neighborhood, this one-level ranch home offers the perfect balance of privacy and convenience. Located just outside city limits, you'll enjoy the benefits of Chapel Hill/Carrboro City Schools, low taxes, and within 10 minutes to Chapel Hill/Carrboro. Nearly an acre of land (0.97 acres), this 3 bedroom home with an extra bonus room offers ample outdoor space, a large deck, a great workshop equipped with electricity, and a 2 car detached carport. While this home may need some updates, the bones are solid, and it is ready for you to make it your own.

Features

3 bedrooms
2 bathrooms
4 carspaces
2 carport spaces
1611 sq. ft. floor area
43995.6 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Chapel Hill over the last 12 months, the estimated median property value of 505 Marion Way is $550k.

Median value
$550k
Estimated value range
$166k - $1.69m
Median days on market
14
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chapel Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505 Marion Way

2025
Sold
$470,000
27 May 2025 by Peggy Jennings, of Compass -- Durham

Happy sellers in Chapel Hill

92%
92% of sellers in Chapel Hill reported that their sale price either exceeded or met their price expectations.

Chapel Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Chapel Hill over the last 12 months.

Local market activity for 3 bedroom single-family properties in Chapel Hill

In the last 12 months, 176 three-bedroom single-family properties similar to 505 Marion Way, have been sold.

This represents a 13% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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