415 Cedar Lake Rd
Chapel Hill, NC 27516
2 bd 1 ba 851 sqft Built 1977 condos
Most recent sale
$178,000
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 19, 2022 | Sold | $178,000 | MLS #100326004 |
| May 5, 2022 | Listed | $159,000 | MLS #100326004 |
| Dec 29, 2021 | Sold | $153,000 | Public Record |
| Aug 18, 2004 | Sold | $84,000 | Public Record |
| Nov 12, 1999 | Sold | $79,900 | DoorifyMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $93,764 | $22,500 | $116,264 | $1,082 |
| 2022 | $93,764 | $22,500 | $116,264 | $1,035 |
| 2021 | $93,764 | $22,500 | $116,264 | $1,024 |
| 2020 | $74,030 | $20,000 | $94,030 | $856 |
| 2019 | $74,030 | $20,000 | $94,030 | $856 |
| 2017 | $74,030 | $20,000 | $94,030 | $778 |
| 2016 | $74,030 | $20,000 | $94,030 | $783 |
| 2015 | $74,030 | $20,000 | $94,030 | $772 |
| 2014 | $74,030 | $20,000 | $94,030 | $792 |
| 2013 | $74,030 | $20,000 | $94,030 | $758 |
| 2012 | $74,030 | $20,000 | $94,030 | $793 |
| 2011 | $74,030 | $20,000 | $94,030 | $771 |
| 2010 | $74,030 | $20,000 | $94,030 | $646 |
| 2009 | $74,030 | $20,000 | $94,030 | $624 |
| 2008 | $67,820 | $23,500 | $91,320 | $660 |
| 2007 | $67,820 | $23,500 | $91,320 | $627 |
Property facts
Year built
1977
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
851 sqft
Lot size
—
ZIP code
27516
City
Chapel Hill
Street
Cedar Lake Rd
Coordinates
35.85174, -79.09549
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
$1,149
Gross rental yield
7.75%
Implied cap rate
5.03%
Trend-extrapolated value
—
Frequently asked questions
When did 415 Cedar Lake Rd last sell?
415 Cedar Lake Rd most recently sold on May 19, 2022 for $178,000.
What is the current tax assessment for 415 Cedar Lake Rd?
The most recent total assessment for 415 Cedar Lake Rd (year 2023) is $116,264 with $1,082 in property tax.
How does 415 Cedar Lake Rd's assessment compare to its last sale price?
The current assessment is 34.7% below the last sale price of $178,000.
When was 415 Cedar Lake Rd built?
415 Cedar Lake Rd was built in 1977.
How does 415 Cedar Lake Rd compare to others on Cedar Lake Rd?
We track 8 other properties on Cedar Lake Rd. Browse the list under "Other properties on Cedar Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 415 Cedar Lake Rd?
415 Cedar Lake Rd is a 2 bed, 1 bath, 851 sqft condos.
Is 415 Cedar Lake Rd a flip candidate?
No — 415 Cedar Lake Rd does not appear in our flips dataset.
Is 415 Cedar Lake Rd a tax-appeal candidate?
No — 415 Cedar Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$621.9K
2026 Q4
$612.1K
ZIP 27516 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cedar Lake Rd