1156 Martin Luther King Jr Blvd
Chapel Hill, NC 27514
2 bd 1 ba 1,155 sqft Built 1987 Lot 12,632 sqft single_family
Most recent sale
$260,000
Oct 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 24, 2022 | Sold | $260,000 | MLS #2470117 |
| Aug 23, 2022 | Listed | $269,000 | MLS #2470117 |
| Mar 5, 2021 | Sold | $190,000 | MLS #2353856 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $165,200 | $96,000 | $261,200 | $3,618 |
| 2023 | $87,700 | $50,000 | $137,700 | $2,457 |
| 2022 | $72,800 | $50,000 | $122,800 | $2,133 |
| 2021 | $72,800 | $50,000 | $122,800 | $2,108 |
| 2020 | $66,000 | $50,000 | $116,000 | $2,119 |
| 2019 | $66,000 | $50,000 | $116,000 | $2,119 |
| 2018 | $66,000 | $50,000 | $116,000 | $2,061 |
| 2017 | $66,000 | $50,000 | $116,000 | $2,020 |
| 2016 | $53,202 | $49,212 | $102,414 | $1,809 |
| 2015 | $53,202 | $49,212 | $102,414 | $1,809 |
| 2014 | $53,202 | $49,212 | $102,414 | $1,766 |
| 2013 | $53,202 | $49,212 | $102,414 | $1,734 |
| 2012 | $53,202 | $49,211 | $102,413 | $1,716 |
| 2011 | $53,202 | $49,211 | $102,413 | $1,711 |
| 2010 | $61,863 | $57,223 | $119,086 | $1,706 |
| 2009 | $61,863 | $57,223 | $119,086 | $1,578 |
| 2008 | $49,099 | $39,410 | $88,509 | $1,377 |
| 2007 | $49,099 | $39,410 | $88,509 | $1,275 |
Property facts
Year built
1987
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,155 sqft
Lot size
12,632 sqft
ZIP code
27514
City
Chapel Hill
Street
Martin Luther King Jr Blvd
Coordinates
35.94389, -79.05759
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,559
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1156 Martin Luther King Jr Blvd last sell?
1156 Martin Luther King Jr Blvd most recently sold on Oct 24, 2022 for $260,000.
What is the current tax assessment for 1156 Martin Luther King Jr Blvd?
The most recent total assessment for 1156 Martin Luther King Jr Blvd (year 2025) is $261,200 with $3,618 in property tax.
How does 1156 Martin Luther King Jr Blvd's assessment compare to its last sale price?
The current assessment is 0.5% above the last sale price of $260,000.
When was 1156 Martin Luther King Jr Blvd built?
1156 Martin Luther King Jr Blvd was built in 1987.
How does 1156 Martin Luther King Jr Blvd compare to others on Martin Luther King Jr Blvd?
We track 8 other properties on Martin Luther King Jr Blvd. Browse the list under "Other properties on Martin Luther King Jr Blvd" to compare beds, baths, and sale history.
What are the property facts for 1156 Martin Luther King Jr Blvd?
1156 Martin Luther King Jr Blvd is a 2 bed, 1 bath, 1,155 sqft, 12,632 sqft lot single_family.
Is 1156 Martin Luther King Jr Blvd a flip candidate?
Yes — 1156 Martin Luther King Jr Blvd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1156 Martin Luther King Jr Blvd a tax-appeal candidate?
No — 1156 Martin Luther King Jr Blvd 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