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8504 Balmoral Pl

Chapel Hill, NC 27516

4 bd 4 ba 2,579 sqft Built 1988 Lot 20,909 sqft single_family
Most recent sale
$720,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $720,000 MLS #2467250
Aug 23, 2022 Relisted $650,000 MLS #2467250
Aug 7, 2022 Listed $650,000 MLS #2467250

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $508,100 $200,000 $708,100 $9,807
2023 $341,500 $110,000 $451,500 $7,626
2022 $343,100 $110,000 $453,100 $7,565
2021 $343,100 $110,000 $453,100 $7,509
2020 $316,500 $110,000 $426,500 $7,351
2019 $316,500 $110,000 $426,500 $7,336
2018 $316,500 $110,000 $426,500 $7,230
2017 $316,500 $110,000 $426,500 $7,075
2016 $300,317 $109,499 $409,816 $6,975
2015 $300,317 $109,499 $409,816 $6,975
2014 $300,317 $109,499 $409,816 $6,935
2013 $300,317 $109,499 $409,816 $6,853
2012 $300,317 $109,499 $409,816 $6,803
2011 $300,317 $109,499 $409,816 $6,798
2010 $300,317 $109,499 $409,816 $6,793
2009 $300,317 $109,499 $409,816 $6,704
2008 $258,900 $82,955 $341,855 $6,544
2007 $258,900 $82,955 $341,855 $6,178

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,579 sqft
Lot size
20,909 sqft
ZIP code
27516
City
Chapel Hill
Street
Balmoral Pl
Coordinates
35.95024, -79.08428

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,482
Gross rental yield
5.80%
Implied cap rate
3.77%
Trend-extrapolated value

Frequently asked questions

When did 8504 Balmoral Pl last sell?
8504 Balmoral Pl most recently sold on Sep 20, 2022 for $720,000.
What is the current tax assessment for 8504 Balmoral Pl?
The most recent total assessment for 8504 Balmoral Pl (year 2025) is $708,100 with $9,807 in property tax.
How does 8504 Balmoral Pl's assessment compare to its last sale price?
The current assessment is 1.7% below the last sale price of $720,000.
When was 8504 Balmoral Pl built?
8504 Balmoral Pl was built in 1988.
How does 8504 Balmoral Pl compare to others on Balmoral Pl?
We do not currently track other properties on Balmoral Pl.
What are the property facts for 8504 Balmoral Pl?
8504 Balmoral Pl is a 4 bed, 4 bath, 2,579 sqft, 20,909 sqft lot single_family.
Is 8504 Balmoral Pl a flip candidate?
No — 8504 Balmoral Pl does not appear in our flips dataset.
Is 8504 Balmoral Pl a tax-appeal candidate?
No — 8504 Balmoral Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$621.9K
2026 Q4
$612.1K
ZIP 27516 — Median Price History + Forecast

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