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216 Mill Chapel Rd

Chapel Hill, NC 27517

3 bd 3 ba 2,431 sqft Built 2017 Lot 6,098 sqft single_family
Most recent sale
$700,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $700,000 Public Record
May 6, 2022 Listed $615,000 MLS #2447308
Sep 25, 2017 Sold $448,500 Public Record
Jun 1, 2017 Price changed $448,020 MLS #2130405
May 25, 2017 Listed $446,020 MLS #2130405
Apr 27, 2016 Sold $570,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $555,340 $171,000 $726,340 $6,470
2023 $364,310 $99,575 $463,885 $6,076
2022 $364,310 $99,575 $463,885 $5,937
2021 $364,310 $99,575 $463,885 $5,909
2020 $364,310 $99,575 $463,885 $5,770
2019 $364,310 $99,575 $463,885 $5,770
2018 $266,322 $85,350 $351,672 $4,770
2017 $85,350 $85,350 $1,149
2016 $85,350 $85,350 $1,110

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,431 sqft
Lot size
6,098 sqft
ZIP code
27517
City
Chapel Hill
Street
Mill Chapel Rd
Coordinates
35.88573, -78.99140

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
$3,282
Gross rental yield
5.63%
Implied cap rate
3.66%
Trend-extrapolated value

Frequently asked questions

When did 216 Mill Chapel Rd last sell?
216 Mill Chapel Rd most recently sold on Jun 3, 2022 for $700,000.
What is the current tax assessment for 216 Mill Chapel Rd?
The most recent total assessment for 216 Mill Chapel Rd (year 2024) is $726,340 with $6,470 in property tax.
How does 216 Mill Chapel Rd's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $700,000.
When was 216 Mill Chapel Rd built?
216 Mill Chapel Rd was built in 2017.
How does 216 Mill Chapel Rd compare to others on Mill Chapel Rd?
We track 8 other properties on Mill Chapel Rd. Browse the list under "Other properties on Mill Chapel Rd" to compare beds, baths, and sale history.
What are the property facts for 216 Mill Chapel Rd?
216 Mill Chapel Rd is a 3 bed, 3 bath, 2,431 sqft, 6,098 sqft lot single_family.
Is 216 Mill Chapel Rd a flip candidate?
No — 216 Mill Chapel Rd does not appear in our flips dataset.
Is 216 Mill Chapel Rd a tax-appeal candidate?
No — 216 Mill Chapel Rd 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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