OFF MARKET

Off Market Sep 2022 for $300K

$309,765

Est. refi paymentEst. refi $1,831/mo

•

410

sq ft

1002 Wave Rd, Chapel Hill, NC 27517

About this home

"A" is for adorable (and affordable!). This 1970's A-Frame on a private 0.51 acre lot has also been described by many as * magical * . You'll understand why after a visit, where you'll feel like you've been transported to a quiet mountain-side chalet. The floor to ceiling windows bring the outside in and brighten up the warm walnut-hued walls and ceilings. The cozy upstairs bedroom loft is 327.5 sqft in addition to 410 sqft of living area downstairs. Two generously sized decks increase your entertaining space. Talk about a mid-century tiny-home dream come true! With the abundance of serenity, you'll forget you're only 2 minutes to Southern Village/Weaver St. Market, 4 minutes to UNC Hospital, and 5 minutes to Franklin St and the heart of UNC's campus. Recent upgrades include a metal roof (2019), HVAC (2018), septic tank (2022), and a structural overhaul (2022). With the hard work out of the way, all that's left to do is put a groovy record on the player, boogie down, or just chillax. Can you dig it? Chapel Hill Short Term Rental Ordinance states home cannot be an AirBnB unless it is a primary residence.

Single-familyProperty Type

1970Year Built

0.51 acresLot Size

$756Est. Price/Sq.Ft.

3 spacesParking

Listed by Katelin Walpole • Inhabit Real Estate

Bought with Tina Caul • EXP Realty LLC

Redfin checked: 2 minutes ago

•Source:TMLS #2470810

Redfin Estimate

$309,765

$9,765 since sold in September 2022$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.8% lower than the average sale price ($412K) of 5 comparable homes.

SOLD JUL 16, 2026
$465,000
A
4 beds2.5 baths2,030 sq ft
15 Abbey Rd, Chapel Hill, NC 27516
SOLD AUG 7, 2026
$560,000
B
4 beds3 baths2,014 sq ft
304 Brandywine Rd, Chapel Hill, NC 27516
SOLD JUL 18, 2026
$285,000
C
1 bed1 bath719 sq ft
202 Purefoy Rd, Chapel Hill, NC 27514
SOLD OCT 30, 2025
$469,000
D
3 beds1 bath1,094 sq ft
409 Northside Dr, Chapel Hill, NC 27516
SOLD MAR 27, 2026
$280,000
E
3 beds1.5 baths1,242 sq ft
76 Dogwood Acres Dr, Chapel Hill, NC 27516

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Earn from this home

Sell

$67,900

Est. take-home

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Refinance

Est. cash available

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Rent

$1,751/mo

Redfin rental estimate

List your home for rent

Market trends in 27517, NC

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

0.0% MoM

Median sale price

$710K

$5K MoM

Avg. days on market

33d

8 days MoM

Recently sold homes

153

2 MoM

New listings for sale

COMING SOON
$1,789,000
3 beds2.5 baths3,299 sq ft
112 Black Oak Pl, Chapel Hill, NC 27517
NEW 29 HRS AGO
$2,400,000
5 beds5.5 baths5,450 sq ft
12906 Morehead, Chapel Hill, NC 27517
COMING SOON
$895,000
5 beds3 baths3,418 sq ft
14003 Reynolds Ct, Chapel Hill, NC 27517
OPEN SEP 7, 11AM TO 1PM
$1,550,000
5 beds6 baths5,931 sq ft
113 Hayworth Dr, Chapel Hill, NC 27517
NEW 35 HRS AGO
$615,000
3 beds2.5 baths1,905 sq ft
240 Mcgregor Woods Rd, Chapel Hill, NC 27517
$2,600,000
3 beds4 baths6,177 sq ft
32409 Archdale Dr, Chapel Hill, NC 27517
EARLY ACCESS
$540,000
3 beds2 baths1,409 sq ft
9 Edgestone Pl, Chapel Hill, NC 27517
COMING SOON
$1,275,000
4 beds5.5 baths5,684 sq ft
417 The Preserve Trl, Chapel Hill, NC 27517
$299,000
2 beds2.5 baths1,378 sq ft
411 Summerwalk Cir, Chapel Hill, NC 27517
3D WALKTHROUGH
$850,000
3 beds2.5 baths2,276 sq ft
431 W Barbee Chapel Rd, Chapel Hill, NC 27517
See all

Provided by Redfin

Sale history for 1002 Wave Rd

Date

Event

Price

RENTALBEAST #2

Dec 15, 2025

Rental Removed

$2,150

$5/sq ft

Oct 25, 2025

Listed for Rent

$2,150

$5/sq ft

RENTALBEAST #1

Jul 18, 2023

Rental Removed

—

TMLS #2470810

Sep 29, 2022

Sold

$300,000

$732/sq ft

Sep 29, 2022

Sold

$300,000

$732/sq ft

Aug 29, 2022

Contingent

—

Aug 25, 2022

Listed

$229,000

$559/sq ft

Aug 25, 2022

Listed

$229,000

$559/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,865 (+12.2%)

$175,000 + $132,000

$307,000

2024

$2,554 (+2.1%)

$85,000 + $118,200

$203,200

2023

$2,502 (+31.5%)

$85,000 + $118,200

$203,200

2022

$1,903 (+1.9%)

$85,000 + $70,500

$155,500

2021

$1,868 (+4.4%)

$85,000 + $70,500

$155,500

2020

$1,790

$75,000 + $64,900

$139,900

2019

$1,790 (+3.6%)

$75,000 + $64,900

$139,900

2017

$1,728 (−4.8%)

$75,000 + $64,900

$139,900

2016

$1,815

$75,000 + $64,900

$139,900

2015

$1,815 (+2.4%)

$76,140 + $67,374

$143,514

2014

$1,773 (+1.6%)

$76,140 + $67,374

$143,514

2013

$1,745 (+5.1%)

$76,140 + $67,374

$143,514

2011

$1,660 (+0.6%)

$76,140 + $67,374

$143,514

2010

$1,649

$76,140 + $67,374

$143,514

Tax history for 1002 Wave Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,865 (+12.2%)

$175,000 + $132,000

$307,000

2024

$2,554 (+2.1%)

$85,000 + $118,200

$203,200

2023

$2,502 (+31.5%)

$85,000 + $118,200

$203,200

2022

$1,903 (+1.9%)

$85,000 + $70,500

$155,500

2021

$1,868 (+4.4%)

$85,000 + $70,500

$155,500

2020

$1,790

$75,000 + $64,900

$139,900

2019

$1,790 (+3.6%)

$75,000 + $64,900

$139,900

2017

$1,728 (−4.8%)

$75,000 + $64,900

$139,900

2016

$1,815

$75,000 + $64,900

$139,900

2015

$1,815 (+2.4%)

$76,140 + $67,374

$143,514

2014

$1,773 (+1.6%)

$76,140 + $67,374

$143,514

2013

$1,745 (+5.1%)

$76,140 + $67,374

$143,514

2011

$1,660 (+0.6%)

$76,140 + $67,374

$143,514

2010

$1,649

$76,140 + $67,374

$143,514

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

22,215

Year renovated

2024

Sq. Ft.

410

Year built

1970

Style

Single Family Residential

County

Orange County

APN

9787018067

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Mar 26, 2025.

Property details

Parking

Parking Information
Parking Features: Driveway, Gravel

Interior

Bathroom Information
Bathrooms Full: 1

Bedroom Information
Bedrooms Total: 2

Interior Features
Appliances: Electric Water Heater
Laundry Features: In Kitchen, Main Level
Flooring: Laminate, Tile

Exterior

Building Information
Construction Materials: Cedar
Building Area Total: 410.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Deck, Porch

Property information
Above Grade Finished Area: 410.0
Below Grade Finished Area: 0.0
Levels: One and One Half
Ownership Type: Other

Lot Information
Lot Size Acres: 0.51
Lot Size Area: 0.51
Lot Size Dimensions: 184'x120.15'x190'x120'
Lot Size Square Feet: 22215.6
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 1726.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Well

Heating & Cooling
Heating: Yes
Heating Information: Electric, Forced Air
Cooling: Yes
Cooling Information: Central Air, Window Unit(s)

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0

School Information
Elementary School: CH/Carrboro - Mary Scroggs
Middle Or Junior School: CH/Carrboro - Grey Culbreth
High School: CH/Carrboro - Carrboro

Location Information
County Or Parish: Orange
Directions: From Chapel Hill, take US-15 S/US-501 S/US Hwy 15 501 S, U-turn at Dixie Garden Drive, Right on Wave Road. Property is on the left. SECOND a-frame on the left. Look for sign, Google Maps shows incorrect pin location.
Latitude: 35.869383
Longitude: -79.065142
Postal Code: 27517

Community Information
Senior Community: No

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 410
Stories: 1.0
Parking Spaces: 3
Basement: No
Accessible: No
Lot Size: 0.51 acres
Style: Single Family Residential
Year Built: 1970
Year Renovated: 2024
County: Orange County
APN: 9787018067
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Mar 26, 2025

Other

hidden custom fields
In Kitchen, Main Level

Listing Date Information
Contract Status Change Date: 2022-09-29
Documents Change Timestamp: 2024-06-15T16:54:49Z
Photos Change Timestamp: 2023-09-15T11:23:22Z

Around this home

Schools

Mary Scroggs Elementary School

Public PreK-5 • Assigned • 0.6mi

6/10

Grey Culbreth Middle School

Public 6-8 • Assigned • 1.4mi

6/10

Carrboro High School

Public 9-12 • Assigned • 1.9mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 70-78% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Chapel Hill, NC • 27517

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$295,000 – $357,000

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Nearby similar homes

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OPEN SEP 7, 11AM TO 1PM

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NEW 35 HRS AGO3D WALKTHROUGH

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EARLY ACCESSCOMPASS COMING SOON

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COMING SOON

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Home values near 1002 Wave Rd

Data from public records.

Address	Redfin Estimate
1005 Wave Road, Chapel Hill, NC 3 Beds \| 2.5 Baths \| 2302 Sq. Ft.	$539,189
1017 Wave Road, Chapel Hill, NC 3 Beds \| 2 Baths \| 1384 Sq. Ft.	$436,821

Address	Redfin Estimate
1007 Wave Road #A, Chapel Hill, NC 4 Beds \| 2 Baths \| 1539 Sq. Ft.	$373,118
1021 Wave Road, Chapel Hill, NC 4 Beds \| 3 Baths \| 2285 Sq. Ft.	$600,604

Address	Redfin Estimate
7 Wave Road, Chapel Hill, NC 2 Beds \| 1 Baths \| 697 Sq. Ft.	$293,453
1003 Wave Road, Chapel Hill, NC 3 Beds \| 2 Baths \| 1342 Sq. Ft.	$486,690

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27517, NC

Sale history for 1002 Wave Rd

Tax history for 1002 Wave Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27517

Home values near 1002 Wave Rd

More real estate resources