388 Old Piedmont Cir
Chapel Hill, NC 27516
5 bd 5 ba 3,261 sqft Built 2016 Lot 7,405 sqft single_family
Most recent sale
$770,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2022 | Sold | $770,000 | MLS #2445010 |
| May 3, 2022 | Listed | $769,990 | MLS #2445010 |
| Jul 31, 2021 | Listed for rent | $2,995 | DoorifyMLS |
| Jul 27, 2021 | Listed for rent | $2,995 | DoorifyMLS |
| May 13, 2021 | Price changed | $625,000 | MLS #2381857 |
| May 8, 2021 | Listed | $649,990 | MLS #2381857 |
| Jul 13, 2018 | Listing removed | $520,000 | DoorifyMLS |
| Jul 11, 2018 | Listing removed | $2,750 | DoorifyMLS |
| Jul 7, 2018 | Listed for rent | $2,750 | DoorifyMLS |
| Jun 19, 2018 | Listed for rent | $2,750 | DoorifyMLS |
| Jun 7, 2018 | Price changed | $520,000 | MLS #2179441 |
| May 23, 2018 | Price changed | $524,000 | MLS #2179441 |
| Apr 19, 2018 | Price changed | $529,000 | MLS #2179441 |
| Mar 18, 2018 | Listed | $539,000 | MLS #2179441 |
| Jun 23, 2016 | Sold | $498,000 | Public Record |
| Feb 4, 2016 | Sold | $220,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $580,145 | $111,530 | $691,675 | $5,012 |
| 2024 | $580,145 | $111,530 | $691,675 | $3,920 |
| 2023 | $349,605 | $93,920 | $443,525 | $3,742 |
| 2022 | $349,605 | $93,920 | $443,525 | $3,597 |
| 2021 | $349,605 | $93,920 | $443,525 | $3,553 |
| 2020 | $445,784 | $75,000 | $520,784 | $4,177 |
| 2019 | $445,784 | $75,000 | $520,784 | $4,177 |
| 2017 | $445,784 | $75,000 | $520,784 | $3,932 |
| 2016 | — | $67,500 | $67,500 | $497 |
| 2015 | — | $67,500 | $67,500 | $489 |
Property facts
Year built
2016
Property type
single_family
Stories
3
Beds
5
Baths
5
Living area
3,261 sqft
Lot size
7,405 sqft
ZIP code
27516
City
Chapel Hill
Street
Old Piedmont Cir
Coordinates
35.82236, -79.11182
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
$4,402
Gross rental yield
6.86%
Implied cap rate
4.46%
Trend-extrapolated value
—
Frequently asked questions
When did 388 Old Piedmont Cir last sell?
388 Old Piedmont Cir most recently sold on Jun 16, 2022 for $770,000.
What is the current tax assessment for 388 Old Piedmont Cir?
The most recent total assessment for 388 Old Piedmont Cir (year 2025) is $691,675 with $5,012 in property tax.
How does 388 Old Piedmont Cir's assessment compare to its last sale price?
The current assessment is 10.2% below the last sale price of $770,000.
When was 388 Old Piedmont Cir built?
388 Old Piedmont Cir was built in 2016.
How does 388 Old Piedmont Cir compare to others on Old Piedmont Cir?
We track 8 other properties on Old Piedmont Cir. Browse the list under "Other properties on Old Piedmont Cir" to compare beds, baths, and sale history.
What are the property facts for 388 Old Piedmont Cir?
388 Old Piedmont Cir is a 5 bed, 5 bath, 3,261 sqft, 7,405 sqft lot single_family.
Is 388 Old Piedmont Cir a flip candidate?
No — 388 Old Piedmont Cir does not appear in our flips dataset.
Is 388 Old Piedmont Cir a tax-appeal candidate?
No — 388 Old Piedmont Cir 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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