489 Cairns Way
Chapel Hill, NC 27514
5 bd 6 ba 4,005 sqft Built 2016 Lot 96,703 sqft single_family
Most recent sale
$1,300,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2022 | Sold | $1,300,000 | Public Record |
| Jun 15, 2022 | Sold | $1,300,000 | MLS #2448837 |
| May 13, 2022 | Listed | $1,129,000 | MLS #2448837 |
| Feb 22, 2016 | Sold | $723,000 | Public Record |
| Sep 8, 2015 | Sold | $296,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $858,300 | $488,500 | $1,346,800 | $10,418 |
| 2023 | $680,500 | $101,700 | $782,200 | $7,658 |
| 2022 | $680,500 | $101,700 | $782,200 | $7,547 |
| 2021 | $680,500 | $101,700 | $782,200 | $7,337 |
| 2020 | $638,000 | $101,700 | $739,700 | $7,351 |
| 2019 | $638,000 | $101,700 | $739,700 | $7,297 |
| 2018 | $638,000 | $101,700 | $739,700 | $1,862 |
| 2017 | $638,000 | $101,700 | $739,700 | $7,059 |
| 2016 | $362,200 | $111,500 | $473,700 | $4,654 |
Property facts
Year built
2016
Property type
single_family
Stories
2
Beds
5
Baths
6
Living area
4,005 sqft
Lot size
96,703 sqft
ZIP code
27514
City
Chapel Hill
Street
Cairns Way
Coordinates
35.98761, -79.05958
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,407
Gross rental yield
4.99%
Implied cap rate
3.24%
Trend-extrapolated value
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Frequently asked questions
When did 489 Cairns Way last sell?
489 Cairns Way most recently sold on Jun 16, 2022 for $1,300,000.
What is the current tax assessment for 489 Cairns Way?
The most recent total assessment for 489 Cairns Way (year 2025) is $1,346,800 with $10,418 in property tax.
How does 489 Cairns Way's assessment compare to its last sale price?
The current assessment is 3.6% above the last sale price of $1,300,000.
When was 489 Cairns Way built?
489 Cairns Way was built in 2016.
How does 489 Cairns Way compare to others on Cairns Way?
We track 5 other properties on Cairns Way. Browse the list under "Other properties on Cairns Way" to compare beds, baths, and sale history.
What are the property facts for 489 Cairns Way?
489 Cairns Way is a 5 bed, 6 bath, 4,005 sqft, 96,703 sqft lot single_family.
Is 489 Cairns Way a flip candidate?
No — 489 Cairns Way does not appear in our flips dataset.
Is 489 Cairns Way a tax-appeal candidate?
No — 489 Cairns Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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