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1402 Oak Tree Dr

Chapel Hill, NC 27517

3 bd 2 ba 1,335 sqft Built 1974 condos
Most recent sale
$325,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2022 Sold $325,000 MLS #2470567
Aug 25, 2022 Listed $299,900 MLS #2470567
May 31, 2017 Sold $158,000 Public Record
Mar 14, 2017 Listed $161,000 MLS #2116131
Oct 18, 2013 Sold $143,000 Public Record
Jun 5, 2013 Price changed $159,900 MLS #1881879
Apr 25, 2013 Price changed $163,900 MLS #1881879
Mar 29, 2013 Listed $179,900 MLS #1881879

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $394,300 $394,300 $5,636
2023 $226,800 $226,800 $3,846
2022 $165,800 $165,800 $2,752
2021 $165,800 $165,800 $2,718
2020 $158,100 $158,100 $2,756
2019 $158,100 $158,100 $2,756
2018 $158,100 $158,100 $2,688
2017 $158,100 $158,100 $2,633
2016 $114,494 $42,098 $156,592 $2,676
2015 $114,494 $42,098 $156,592 $2,676
2014 $114,494 $42,098 $156,592 $2,618
2013 $114,494 $42,098 $156,592 $2,569
2012 $114,494 $42,098 $156,592 $2,505
2011 $114,494 $42,098 $156,592 $2,505
2009 $114,494 $42,098 $156,592 $2,412
2008 $96,179 $31,893 $128,072 $2,317
2007 $96,179 $31,893 $128,072 $2,145

Property facts

Year built
1974
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,335 sqft
Lot size
ZIP code
27517
City
Chapel Hill
Street
Oak Tree Dr
Coordinates
35.90848, -79.01954

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
$1,802
Gross rental yield
6.65%
Implied cap rate
4.32%
Trend-extrapolated value

Frequently asked questions

When did 1402 Oak Tree Dr last sell?
1402 Oak Tree Dr most recently sold on Sep 8, 2022 for $325,000.
What is the current tax assessment for 1402 Oak Tree Dr?
The most recent total assessment for 1402 Oak Tree Dr (year 2025) is $394,300 with $5,636 in property tax.
How does 1402 Oak Tree Dr's assessment compare to its last sale price?
The current assessment is 21.3% above the last sale price of $325,000.
When was 1402 Oak Tree Dr built?
1402 Oak Tree Dr was built in 1974.
How does 1402 Oak Tree Dr compare to others on Oak Tree Dr?
We track 8 other properties on Oak Tree Dr. Browse the list under "Other properties on Oak Tree Dr" to compare beds, baths, and sale history.
What are the property facts for 1402 Oak Tree Dr?
1402 Oak Tree Dr is a 3 bed, 2 bath, 1,335 sqft condos.
Is 1402 Oak Tree Dr a flip candidate?
No — 1402 Oak Tree Dr does not appear in our flips dataset.
Is 1402 Oak Tree Dr a tax-appeal candidate?
Yes — 1402 Oak Tree Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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