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304 Lancaster Dr

Chapel Hill, NC 27517

3 bd 2 ba 2,909 sqft Built 1989 Lot 17,424 sqft single_family
Most recent sale
$850,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $850,000 MLS #2465229
Aug 23, 2022 Relisted $850,000 MLS #2465229
Jul 28, 2022 Listed $850,000 MLS #2465229
Jan 24, 2014 Sold $447,000 Public Record
Dec 16, 2013 Listed $445,000 MLS #1923750
Feb 11, 2010 Sold $435,000 Public Record
Jan 5, 2010 Listed $450,000 MLS #1700666
Jan 1, 2010 Listing removed $470,000 DoorifyMLS
Sep 30, 2009 Listed $470,000 MLS #1687959

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $546,432 $350,000 $896,432 $7,653
2023 $340,479 $209,850 $550,329 $7,287
2022 $340,479 $209,850 $550,329 $6,847
2021 $340,479 $209,850 $550,329 $6,803
2020 $340,479 $209,850 $550,329 $6,913
2019 $328,302 $209,850 $538,152 $6,760
2018 $288,269 $185,367 $473,636 $6,185
2017 $288,269 $185,367 $473,636 $6,043
2016 $288,269 $185,367 $473,636 $5,989
2015 $349,961 $96,137 $446,098 $5,876
2014 $349,961 $96,137 $446,098 $5,876
2013 $349,961 $96,137 $446,098 $5,748
2012 $349,961 $96,137 $446,098 $5,524
2011 $349,961 $96,137 $446,098 $5,531
2010 $349,961 $96,137 $446,098 $5,531
2009 $349,961 $96,137 $446,098 $5,750
2008 $349,961 $96,137 $446,098 $5,751
2006 $241,643 $75,500 $317,143 $4,221

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,909 sqft
Lot size
17,424 sqft
ZIP code
27517
City
Chapel Hill
Street
Lancaster Dr
Coordinates
35.91890, -79.00148

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
$3,927
Gross rental yield
5.54%
Implied cap rate
3.60%
Trend-extrapolated value

Frequently asked questions

When did 304 Lancaster Dr last sell?
304 Lancaster Dr most recently sold on Sep 7, 2022 for $850,000.
What is the current tax assessment for 304 Lancaster Dr?
The most recent total assessment for 304 Lancaster Dr (year 2024) is $896,432 with $7,653 in property tax.
How does 304 Lancaster Dr's assessment compare to its last sale price?
The current assessment is 5.5% above the last sale price of $850,000.
When was 304 Lancaster Dr built?
304 Lancaster Dr was built in 1989.
How does 304 Lancaster Dr compare to others on Lancaster Dr?
We track 8 other properties on Lancaster Dr. Browse the list under "Other properties on Lancaster Dr" to compare beds, baths, and sale history.
What are the property facts for 304 Lancaster Dr?
304 Lancaster Dr is a 3 bed, 2 bath, 2,909 sqft, 17,424 sqft lot single_family.
Is 304 Lancaster Dr a flip candidate?
No — 304 Lancaster Dr does not appear in our flips dataset.
Is 304 Lancaster Dr a tax-appeal candidate?
No — 304 Lancaster Dr 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
-0.6%
Implied 1-yr
-2.4%
2026 Q3
$721.8K
2026 Q4
$717.4K
ZIP 27517 — Median Price History + Forecast

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