28 Morgan Ridge Way
Chapel Hill, NC 27516
3 bd 2,867 sqft Built 2021 single_family
Most recent sale
$885,000
Apr 12, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 13, 2024 | Listing removed | $4,200 | DoorifyMLS |
| Apr 12, 2024 | Sold | $885,000 | TriangleAreaNC |
| Feb 28, 2024 | Listed | $919,000 | TriangleAreaNC |
| Jul 31, 2023 | Sold | $855,000 | TriangleAreaNC |
| Apr 16, 2023 | Listing removed | — | TriangleAreaNC |
| Feb 8, 2023 | Price changed | $874,900 | TriangleAreaNC |
| Feb 2, 2023 | Listing removed | — | TriangleAreaNC |
| Jan 26, 2023 | Price changed | $884,900 | TriangleAreaNC |
| Jan 19, 2023 | Listed for rent | $4,200 | TriangleAreaNC |
| Jan 15, 2023 | Listing removed | — | TriangleAreaNC |
| Dec 26, 2022 | Listed | $889,000 | TriangleAreaNC |
| Dec 25, 2022 | Listing removed | — | TriangleAreaNC |
| Dec 16, 2022 | Listed | $889,000 | TriangleAreaNC |
| Dec 13, 2022 | Listing removed | — | TriangleAreaNC |
| Nov 26, 2022 | Listing removed | — | TriangleAreaNC |
| Nov 25, 2022 | Listed | $889,000 | TriangleAreaNC |
| Nov 16, 2022 | Listed for rent | $4,200 | TriangleAreaNC |
| Nov 9, 2022 | Price changed | $899,000 | TriangleAreaNC |
| Oct 30, 2022 | Price changed | $949,500 | TriangleAreaNC |
| Oct 16, 2022 | Price changed | $989,000 | MLS #2477324 |
| Oct 12, 2022 | Price changed | $1,015,000 | MLS #2477324 |
| Oct 4, 2022 | Listed | $1,040,000 | MLS #2477324 |
| Jun 10, 2022 | Sold | $799,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $788,408 | $84,700 | $873,108 | $6,286 |
| 2023 | $322,253 | $66,810 | $389,063 | $4,751 |
| 2022 | $322,253 | $66,810 | $389,063 | $3,046 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
—
Living area
2,867 sqft
Lot size
—
ZIP code
27516
City
Chapel Hill
Street
Morgan Ridge Way
Coordinates
35.86748, -79.15825
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,870
Gross rental yield
5.25%
Implied cap rate
3.41%
Trend-extrapolated value
—
Frequently asked questions
When did 28 Morgan Ridge Way last sell?
28 Morgan Ridge Way most recently sold on Apr 12, 2024 for $885,000.
What is the current tax assessment for 28 Morgan Ridge Way?
The most recent total assessment for 28 Morgan Ridge Way (year 2025) is $873,108 with $6,286 in property tax.
How does 28 Morgan Ridge Way's assessment compare to its last sale price?
The current assessment is 1.3% below the last sale price of $885,000.
When was 28 Morgan Ridge Way built?
28 Morgan Ridge Way was built in 2021.
How does 28 Morgan Ridge Way compare to others on Morgan Ridge Way?
We track 8 other properties on Morgan Ridge Way. Browse the list under "Other properties on Morgan Ridge Way" to compare beds, baths, and sale history.
What are the property facts for 28 Morgan Ridge Way?
28 Morgan Ridge Way is a 3 bed, 2,867 sqft single_family.
Is 28 Morgan Ridge Way a flip candidate?
No — 28 Morgan Ridge Way does not appear in our flips dataset.
Is 28 Morgan Ridge Way a tax-appeal candidate?
No — 28 Morgan Ridge Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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