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121 Balsam Ct

Chapel Hill, NC 27514

4 bd 3 ba 2,181 sqft Built 1985 Lot 21,344 sqft single_family
Most recent sale
$640,000
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $640,000 MLS #2474032
Sep 14, 2022 Listed $632,900 MLS #2474032
Jun 30, 2021 Sold $520,000 Public Record
Jul 1, 2015 Sold $376,500 Public Record
Jun 30, 2015 Sold $376,500 DoorifyMLS
May 7, 2015 Listed $374,000 MLS #2006218
Jul 15, 2005 Sold $297,000 Public Record
Aug 1, 1979 Sold $40,850 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $317,600 $310,000 $627,600 $8,371
2023 $258,200 $160,000 $418,200 $6,995
2022 $245,300 $160,000 $405,300 $6,508
2021 $245,300 $160,000 $405,300 $6,425
2020 $229,200 $142,800 $372,000 $6,285
2019 $229,200 $142,800 $372,000 $6,285
2018 $229,200 $142,800 $372,000 $6,139
2017 $229,200 $142,800 $372,000 $6,013
2016 $242,448 $103,550 $345,998 $5,784
2015 $242,448 $103,550 $345,998 $5,784
2014 $242,448 $103,550 $345,998 $5,738
2013 $242,448 $103,550 $345,998 $5,631
2012 $242,448 $103,550 $345,998 $5,507
2011 $242,448 $103,550 $345,998 $5,502
2010 $242,448 $103,550 $345,998 $5,497
2009 $242,448 $103,550 $345,998 $5,330
2008 $192,755 $78,447 $271,202 $4,906
2007 $192,755 $78,447 $271,202 $4,543

Property facts

Year built
1985
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,181 sqft
Lot size
21,344 sqft
ZIP code
27514
City
Chapel Hill
Street
Balsam Ct
Coordinates
35.95960, -79.04678

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,944
Gross rental yield
5.52%
Implied cap rate
3.59%
Trend-extrapolated value

Frequently asked questions

When did 121 Balsam Ct last sell?
121 Balsam Ct most recently sold on Oct 20, 2022 for $640,000.
What is the current tax assessment for 121 Balsam Ct?
The most recent total assessment for 121 Balsam Ct (year 2025) is $627,600 with $8,371 in property tax.
How does 121 Balsam Ct's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $640,000.
When was 121 Balsam Ct built?
121 Balsam Ct was built in 1985.
How does 121 Balsam Ct compare to others on Balsam Ct?
We track 4 other properties on Balsam Ct. Browse the list under "Other properties on Balsam Ct" to compare beds, baths, and sale history.
What are the property facts for 121 Balsam Ct?
121 Balsam Ct is a 4 bed, 3 bath, 2,181 sqft, 21,344 sqft lot single_family.
Is 121 Balsam Ct a flip candidate?
Yes — 121 Balsam Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 121 Balsam Ct a tax-appeal candidate?
No — 121 Balsam Ct 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
-3.1%
Implied 1-yr
-12.5%
2026 Q3
$674.5K
2026 Q4
$658.1K
ZIP 27514 — Median Price History + Forecast

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