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503 Estes Dr

Chapel Hill, NC 27514

3 bd 4 ba 2,525 sqft Built 1966 Lot 18,295 sqft single_family
Most recent sale
$565,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $565,000 Public Record
Mar 17, 2022 Relisted $618,000 MLS #2432304
Feb 23, 2022 Price changed $618,000 MLS #2432304
Feb 18, 2022 Listed $648,000 MLS #2432304
Mar 11, 2019 Sold $249,000 Public Record
Jan 25, 2019 Price changed $249,000 MLS #2216812
Dec 27, 2018 Relisted $253,000 MLS #2216812
Nov 28, 2018 Listing removed $294,900 DoorifyMLS
Nov 21, 2018 Price changed $294,900 MLS #2216812
Sep 28, 2018 Listed $300,000 MLS #2216812
Apr 12, 1993 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $353,100 $350,000 $703,100 $9,382
2023 $331,400 $162,800 $494,200 $8,250
2022 $304,800 $162,800 $467,600 $7,500
2021 $304,800 $162,800 $467,600 $7,404
2020 $281,400 $162,800 $444,200 $7,485
2019 $281,400 $162,800 $444,200 $6,973
2018 $249,700 $162,800 $412,500 $6,811
2017 $249,700 $162,800 $412,500 $6,672
2016 $225,811 $109,618 $335,429 $5,640
2015 $225,811 $109,618 $335,429 $5,640
2014 $225,811 $109,618 $335,429 $5,593
2013 $225,811 $109,618 $335,429 $5,488
2012 $225,811 $109,618 $335,429 $5,383
2011 $225,811 $109,618 $335,429 $5,378
2010 $225,811 $109,618 $335,429 $5,373
2009 $225,811 $109,618 $335,429 $5,167
2008 $156,055 $83,110 $239,165 $4,326
2007 $156,055 $83,110 $239,165 $4,007

Property facts

Year built
1966
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,525 sqft
Lot size
18,295 sqft
ZIP code
27514
City
Chapel Hill
Street
Estes Dr
Coordinates
35.93472, -79.04412

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,409
Gross rental yield
7.24%
Implied cap rate
4.71%
Trend-extrapolated value

Frequently asked questions

When did 503 Estes Dr last sell?
503 Estes Dr most recently sold on Jun 28, 2022 for $565,000.
What is the current tax assessment for 503 Estes Dr?
The most recent total assessment for 503 Estes Dr (year 2025) is $703,100 with $9,382 in property tax.
How does 503 Estes Dr's assessment compare to its last sale price?
The current assessment is 24.4% above the last sale price of $565,000.
When was 503 Estes Dr built?
503 Estes Dr was built in 1966.
How does 503 Estes Dr compare to others on Estes Dr?
We track 8 other properties on Estes Dr. Browse the list under "Other properties on Estes Dr" to compare beds, baths, and sale history.
What are the property facts for 503 Estes Dr?
503 Estes Dr is a 3 bed, 4 bath, 2,525 sqft, 18,295 sqft lot single_family.
Is 503 Estes Dr a flip candidate?
No — 503 Estes Dr does not appear in our flips dataset.
Is 503 Estes Dr a tax-appeal candidate?
Yes — 503 Estes Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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