875 Martin Luther King Jr Blvd
Chapel Hill, NC 27514
3 bd 3 ba 1,333 sqft Built 1983 Lot 1,307 sqft townhomes
Most recent sale
$320,000
Aug 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 25, 2025 | Listing removed | $1,300 | DoorifyMLS |
| Sep 9, 2024 | Listed for rent | $2,195 | Rent. |
| Aug 20, 2024 | Listed for rent | $2,195 | AppfolioUnits |
| Aug 10, 2022 | Sold | $320,000 | MLS #2459430 |
| Jun 30, 2022 | Listed | $329,999 | MLS #2459430 |
| Jan 25, 2019 | Sold | $165,000 | Public Record |
| Aug 1, 2006 | Sold | $117,500 | Public Record |
| May 11, 2001 | Sold | $95,000 | Public Record |
| Jun 18, 1998 | Sold | $87,000 | Public Record |
| Aug 3, 1994 | Sold | $70,000 | Public Record |
| Jun 26, 1992 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $157,500 | $135,000 | $292,500 | $3,962 |
| 2023 | $126,400 | $45,000 | $171,400 | $2,947 |
| 2022 | $117,900 | $45,000 | $162,900 | $2,698 |
| 2021 | $117,900 | $45,000 | $162,900 | $2,665 |
| 2020 | $101,300 | $40,000 | $141,300 | $2,477 |
| 2019 | $101,300 | $40,000 | $141,300 | $2,477 |
| 2018 | $101,300 | $40,000 | $141,300 | $2,439 |
| 2017 | $101,300 | $40,000 | $141,300 | $2,388 |
| 2016 | $100,446 | $39,975 | $140,421 | $2,433 |
| 2015 | $100,446 | $39,975 | $140,421 | $2,433 |
| 2014 | $100,446 | $39,975 | $140,421 | $2,375 |
| 2013 | $100,446 | $39,975 | $140,421 | $2,331 |
| 2012 | $100,446 | $39,975 | $140,421 | $2,274 |
| 2011 | $100,446 | $39,975 | $140,421 | $2,274 |
| 2010 | $100,446 | $39,975 | $140,421 | $2,272 |
| 2009 | $100,446 | $39,975 | $140,421 | $2,163 |
| 2008 | $74,353 | $23,296 | $97,649 | $1,766 |
| 2007 | $74,353 | $23,296 | $97,649 | $1,636 |
Property facts
Year built
1983
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,333 sqft
Lot size
1,307 sqft
ZIP code
27514
City
Chapel Hill
Street
Martin Luther King Jr Blvd
Coordinates
35.92866, -79.05524
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
$1,800
Gross rental yield
6.75%
Implied cap rate
4.39%
Trend-extrapolated value
—
Frequently asked questions
When did 875 Martin Luther King Jr Blvd last sell?
875 Martin Luther King Jr Blvd most recently sold on Aug 10, 2022 for $320,000.
What is the current tax assessment for 875 Martin Luther King Jr Blvd?
The most recent total assessment for 875 Martin Luther King Jr Blvd (year 2025) is $292,500 with $3,962 in property tax.
How does 875 Martin Luther King Jr Blvd's assessment compare to its last sale price?
The current assessment is 8.6% below the last sale price of $320,000.
When was 875 Martin Luther King Jr Blvd built?
875 Martin Luther King Jr Blvd was built in 1983.
How does 875 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 875 Martin Luther King Jr Blvd?
875 Martin Luther King Jr Blvd is a 3 bed, 3 bath, 1,333 sqft, 1,307 sqft lot townhomes.
Is 875 Martin Luther King Jr Blvd a flip candidate?
No — 875 Martin Luther King Jr Blvd does not appear in our flips dataset.
Is 875 Martin Luther King Jr Blvd a tax-appeal candidate?
No — 875 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