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About this home
* Seller is willing to offer a concession toward an interest rate buydown to help reduce the buyer's mortgage payments. * Move-in ready 5 bedroom 3 bath renovated home. Thoughtful updates, versatile living spaces, and close proximity to the UNC-Chapel Hill campus await in Chapel Hill's desirable Colony Woods neighborhood! This inviting split-level home features a bright living and dining area with beautifully refinished hardwood floors. The updated main kitchen showcases new appliances, quartz countertops, freshly painted cabinetry, and updated hardware. Upstairs, three bedrooms are complemented by two refreshed bathrooms featuring new quartz countertops, fixtures, lighting, and mirrors. The finished lower level offers additional rooms, a masonry fireplace, a kitchenette, and a separate entrance through the screened porch, providing flexibility for guests, a home office, hobbies, or extended living arrangements. Major improvements include a roof and HVAC replaced in 2023, a former carport converted to a one-car garage with a garage door opener, and a resurfaced driveway and sidewalk. Screened porch and patio improvements, enhanced landscaping, and shed repairs add to the home's appeal. Enjoy an established neighborhood setting with convenient access to Trader Joe's, Whole Foods Market, and the University of North Carolina at Chapel Hill! With nearby parks, shopping, dining, and everyday amenities, this location offers a wonderful balance of neighborhood charm and convenience. A welcoming home with fresh finishes, flexible living spaces, and room to make it your own!
Colony Woods, located between Franklin Street and Ephesus Church Road, is a wooded and residential Chapel Hill neighborhood with mid-century ranches and winding, canopy-lined streets. The neighborhood’s character concentrates around the Estes Drive–Ephesus Church Road junction, where traffic hums past trailheads and everyday errands. Brick and siding homes sit back from the road, with deep lots and a quiet, park-adjacent feel. Bolin Creek Trail threads nearby, linking shaded greenway miles to town. Community touchstones include the Carolina Theatre on Franklin Street, the Ackland Art Museum, and Cat’s Cradle for live music.
Provided by Walk Score and Local Logic
Offer insights
1702 Ferrell Rd · $525,000
$531K and above
75% chance or better to win
Why $531K+ is a strong offer
DAYS ON MARKET
1 days
The average home goes pending in 49 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Quartz counters
Smooth ceilings
Finished basement
Living room masonry fireplace
Bedrooms
5 bedrooms
Bathrooms
3 full bathrooms
Kitchen
Dishwasher
Refrigerator
Self-cleaning oven
Laundry & utility
Washer and dryer
Propane water heater
Flooring
Hardwood and laminate flooring
Heating & cooling
Forced-air heating
Central air conditioning
Home design
Two stories
Parking
Attached garage
2 open parking spaces
Construction
Brick and HardiPlank construction
Architectural shingle roof
Utilities
Public water
Public sewer
HOA & community
No homeowners association
Electricity and solar
View estimated energy costs and solar savings for this home
Welcome to this charming split-level home in highly sought-after Colony Woods neighborhood! The main level offers spacious living and dining room combination filled with natural light, newly painted walls, and beautifully refinished hardwood floors. The kitchen features stainless steel appliances and a stylish design—perfect for everyday cooking and entertaining guests. Upstairs, you'll find three comfortable bedrooms and two full bathrooms, providing ample space for family and guests. The finished basement adds incredible flexibility, with updated luxury vinyl plank flooring, a large bedroom with a masonry fireplace, a full bath, and a kitchenette. With a private entrance through the screened porch, this space is ideal for an in-law suite, guest quarters, or rental income potential. Additional highlights include a new HVAC and roof (2023), enclosed carport for extra storage and potential for workshop or studio. Fantastic location near parks, schools, and shopping. This move-in-ready home combines comfort, convenience, and endless potential—don't miss it!
TMLS #10120318
Oct 1, 2025
Listing Removed
—
Sep 6, 2025
Listed
$569,000
$293/sq ft
TMLS #914919
Aug 10, 2007
Listing Removed
—
Feb 25, 2007
Listed
$229,900
$118/sq ft
TMLS #885779
Dec 1, 2006
Listing Removed
—
Aug 30, 2006
Listed
$259,000
$133/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,885 (+25.1%)
$270,000 + $244,500
$514,500
2024
$5,505 (+2.8%)
$135,000 + $182,700
$317,700
2023
$5,358 (+4.3%)
$135,000 + $182,700
$317,700
2022
$5,138 (+1.3%)
$135,000 + $182,700
$317,700
2021
$5,071 (+6.3%)
$135,000 + $182,700
$317,700
2020
$4,772
$100,000 + $179,600
$279,600
2019
$4,773 (+2.5%)
$100,000 + $179,600
$279,600
2018
$4,656 (+2.0%)
$100,000 + $179,600
$279,600
2017
$4,564 (−3.5%)
$100,000 + $179,600
$279,600
2016
$4,729 (+0.1%)
$100,000 + $179,600
$279,600
2015
$4,724 (+0.8%)
$110,456 + $170,895
$281,351
2014
$4,685 (+2.2%)
$110,456 + $170,895
$281,351
2013
$4,585 (+1.8%)
$110,456 + $170,895
$281,351
2011
$4,506 (+0.1%)
$110,456 + $170,895
$281,351
2010
$4,501
$110,456 + $170,895
$281,351
Public record
Public record
Zoning
Beds
3
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.36 Acres
Year renovated
1992
Finished Sq. Ft.
1,904
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,904
Year built
1967
Style
Single Family Residential
County
Orange County
APN
9799741613
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
R-2
Residential Districts
The residential districts are intended to provide for residential development of appropriate intensities consonant with the suitability of land, availability of public services, accessibility to major activity centers and transportation systems, and compatibility with surrounding development.
Climate risks
1/10 Flood Factor
Minimal risk 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
6/10 Heat Factor
7 days above 106° 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)
49
30
55
36
70
46
78
54
79
59
90
69
92
73
83
68
82
63
72
52
66
45
53
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in Chapel Hill. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1702 Ferrell Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More
More resources
Rental earnings
Est. $2,833 per month, based on comparable rentals
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