116 Parkridge Ave
Chapel Hill, NC 27517
3 bd 3 ba 2,778 sqft Built 2004 Lot 6,534 sqft single_family
Most recent sale
$719,000
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $719,000 | Public Record |
| Aug 26, 2022 | Listed | $729,000 | MLS #2470894 |
| Jul 10, 2022 | Price changed | $749,000 | MLS #2448223 |
| Jun 3, 2022 | Price changed | $774,000 | MLS #2448223 |
| May 18, 2022 | Listed | $789,900 | MLS #2448223 |
| Jul 27, 2011 | Listing removed | $489,000 | DoorifyMLS |
| Jul 26, 2011 | Sold | $462,000 | Public Record |
| Apr 18, 2011 | Price changed | $489,000 | MLS #1764495 |
| Jan 20, 2011 | Listed | $514,900 | MLS #1764495 |
| Jul 5, 2004 | Sold | $359,965 | DoorifyMLS |
| Nov 10, 2003 | Sold | $850,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $579,000 | $300,000 | $879,000 | $11,564 |
| 2023 | $382,400 | $200,000 | $582,400 | $9,596 |
| 2022 | $382,400 | $200,000 | $582,400 | $9,193 |
| 2021 | $382,400 | $200,000 | $582,400 | $9,074 |
| 2020 | $343,400 | $180,000 | $523,400 | $8,693 |
| 2019 | $343,400 | $180,000 | $523,400 | $8,693 |
| 2018 | $343,400 | $180,000 | $523,400 | $8,499 |
| 2017 | $343,400 | $180,000 | $523,400 | $8,324 |
| 2016 | $347,123 | $200,557 | $547,680 | $9,005 |
| 2015 | $347,123 | $200,557 | $547,680 | $9,005 |
| 2014 | $347,123 | $200,557 | $547,680 | $8,961 |
| 2013 | $347,123 | $200,557 | $547,680 | $8,795 |
| 2012 | $347,123 | $200,557 | $547,680 | $8,613 |
| 2011 | $347,123 | $200,557 | $547,680 | $8,608 |
| 2010 | $347,123 | $200,557 | $547,680 | $8,603 |
| 2009 | $347,123 | $200,557 | $547,680 | $8,436 |
| 2008 | $275,732 | $116,875 | $392,607 | $7,102 |
| 2007 | $275,732 | $116,875 | $392,607 | $6,578 |
Property facts
Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,778 sqft
Lot size
6,534 sqft
ZIP code
27517
City
Chapel Hill
Street
Parkridge Ave
Coordinates
35.91098, -79.01020
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,750
Gross rental yield
6.26%
Implied cap rate
4.07%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Parkridge Ave last sell?
116 Parkridge Ave most recently sold on Oct 3, 2022 for $719,000.
What is the current tax assessment for 116 Parkridge Ave?
The most recent total assessment for 116 Parkridge Ave (year 2025) is $879,000 with $11,564 in property tax.
How does 116 Parkridge Ave's assessment compare to its last sale price?
The current assessment is 22.3% above the last sale price of $719,000.
When was 116 Parkridge Ave built?
116 Parkridge Ave was built in 2004.
How does 116 Parkridge Ave compare to others on Parkridge Ave?
We track 8 other properties on Parkridge Ave. Browse the list under "Other properties on Parkridge Ave" to compare beds, baths, and sale history.
What are the property facts for 116 Parkridge Ave?
116 Parkridge Ave is a 3 bed, 3 bath, 2,778 sqft, 6,534 sqft lot single_family.
Is 116 Parkridge Ave a flip candidate?
No — 116 Parkridge Ave does not appear in our flips dataset.
Is 116 Parkridge Ave a tax-appeal candidate?
Yes — 116 Parkridge Ave 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 valuationQuarterly trend
-0.6%
Implied 1-yr
-2.4%
2026 Q3
$721.8K
2026 Q4
$717.4K
ZIP 27517 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Parkridge Ave