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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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205 Palafox Dr , Chapel Hill, NC 27516
$775,000
Est. Payment: $4,355.53/mo
4 Bed
3 Bath
3177 Sqft
0.22 Acres
Status: active | Days on site: 33
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72635 - C00295
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Terri Bias
Operator/Brokerage Owner

House Description

SELLER-PAID 2-1 MORTGAGE BUYDOWN Offered! Enjoy reduced principal-and-interest payments during the first two years of homeownership! Located in Northwood, this beautifully updated 3,177-sq.-ft. home offers 4 bedrooms, 2.5 baths, a large bonus room and a backyard adjoining neighborhood green space. Highlights include a remodeled kitchen with custom cabinetry, quartz countertops and stainless appliances, hand-scraped hardwood floors throughout both levels—no carpet—custom built-ins, gas fireplace, butler's pantry and excellent storage. Pre-sale inspected with repairs completed and ideally located minutes from I-40, shopping and dining, approximately 10 minutes to UNC and downtown Chapel Hill and 15 minutes to Duke.

Highlights

Listed by Jodi Bakst , Real Estate Experts , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.22

HOA Fee

80 Annually

Year Built

2000

County

Orange

Neighborhood

Northwood

Listing ID

10192213

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Built-In Gas Range, Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater
Air Cond:Central Air
Fireplaces:Family Room,Gas,Glass Doors,Living Room
Floor:Carpet,Hardwood,Tile,Wood
Above Ground Sq Ft:3177
Basement:Crawl Space
Other:
  • ▪ Additional:Bathtub/Shower Combination, Bookcases, Built-in Features, Butler's Pantry, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Separate Shower, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
Water:Public

Exterior Features

Lot:Back Yard,Front Yard,Landscaped
Lot Dimensions:75 x 129
Zoning:Res
Roof:Shingle
Others:
  • ▪ Additional:Rain Gutters, Deck
Sewer:Public Sewer
Parking Features:Attached,Driveway,Garage,Two Car Garage,Attached Garage
Principal Interest
$4,356
Taxes
$494
HOA
$80

Home Price

$775,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$155,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,355.53

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,355.53 $494.06 $80.00 $4,929.59
Yearly $52,266.32 $5,928.75 $960.00 $59,155.07
Total $1,567,989.49 $177,862.50 $28,800.00 $1,774,651.99

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Chapel Hill, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T09:59:11.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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