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87 Monteith Dr

Chapel Hill, NC 27516

3 bd 3 ba 2,621 sqft Built 2023 Lot 4,704 sqft single_family
Most recent sale
$502,000
Nov 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2023 Sold $700,278 DoorifyMLS
Aug 23, 2022 Relisted $700,000 MLS #2450151
Jul 19, 2022 Relisted $700,000 MLS #2450151
May 19, 2022 Listed $710,000 MLS #2450151
Nov 17, 2021 Sold $502,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $79,776 $79,776 $2,085
2022 $79,776 $79,776 $624

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,621 sqft
Lot size
4,704 sqft
ZIP code
27516
City
Chapel Hill
Street
Monteith Dr
Coordinates
35.83894, -79.10721

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,538
Gross rental yield
8.46%
Implied cap rate
5.50%
Trend-extrapolated value

Frequently asked questions

When did 87 Monteith Dr last sell?
87 Monteith Dr most recently sold on Nov 17, 2021 for $502,000.
What is the current tax assessment for 87 Monteith Dr?
The most recent total assessment for 87 Monteith Dr (year 2023) is $79,776 with $2,085 in property tax.
How does 87 Monteith Dr's assessment compare to its last sale price?
The current assessment is 84.1% below the last sale price of $502,000.
When was 87 Monteith Dr built?
87 Monteith Dr was built in 2023.
How does 87 Monteith Dr compare to others on Monteith Dr?
We track 8 other properties on Monteith Dr. Browse the list under "Other properties on Monteith Dr" to compare beds, baths, and sale history.
What are the property facts for 87 Monteith Dr?
87 Monteith Dr is a 3 bed, 3 bath, 2,621 sqft, 4,704 sqft lot single_family.
Is 87 Monteith Dr a flip candidate?
Yes — 87 Monteith Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 87 Monteith Dr a tax-appeal candidate?
No — 87 Monteith 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
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$621.9K
2026 Q4
$612.1K
ZIP 27516 — Median Price History + Forecast

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