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506 Parkview Cres

Chapel Hill, NC 27516

4 bd 4 ba 3,467 sqft Built 1999 Lot 6,534 sqft single_family
Most recent sale
$950,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $950,000 TriangleAreaNC
Feb 28, 2024 Listed $975,000 TriangleAreaNC
May 5, 2003 Sold $385,000 Public Record
Nov 1, 2000 Sold $330,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $537,700 $400,000 $937,700 $12,359
2023 $438,200 $185,000 $623,200 $10,286
2022 $438,200 $185,000 $623,200 $9,855
2021 $438,200 $185,000 $623,200 $9,727
2020 $409,000 $185,000 $594,000 $9,867
2019 $409,000 $185,000 $594,000 $9,867
2018 $409,000 $185,000 $594,000 $9,646
2017 $409,000 $185,000 $594,000 $9,448
2016 $469,264 $93,113 $562,377 $9,268
2015 $469,264 $93,113 $562,377 $9,268
2014 $469,264 $93,113 $562,377 $9,222
2013 $469,264 $93,113 $562,377 $9,050
2012 $469,264 $93,113 $562,377 $8,839
2011 $469,264 $93,113 $562,377 $8,834
2010 $469,264 $93,113 $562,377 $8,829
2009 $397,828 $93,113 $490,941 $7,562
2008 $310,827 $62,752 $373,579 $6,758
2007 $310,827 $62,752 $373,579 $6,259

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,467 sqft
Lot size
6,534 sqft
ZIP code
27516
City
Chapel Hill
Street
Parkview Cres
Coordinates
35.88698, -79.07165

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
$4,680
Gross rental yield
5.91%
Implied cap rate
3.84%
Trend-extrapolated value

Frequently asked questions

When did 506 Parkview Cres last sell?
506 Parkview Cres most recently sold on Apr 12, 2024 for $950,000.
What is the current tax assessment for 506 Parkview Cres?
The most recent total assessment for 506 Parkview Cres (year 2025) is $937,700 with $12,359 in property tax.
How does 506 Parkview Cres's assessment compare to its last sale price?
The current assessment is 1.3% below the last sale price of $950,000.
When was 506 Parkview Cres built?
506 Parkview Cres was built in 1999.
How does 506 Parkview Cres compare to others on Parkview Cres?
We track 8 other properties on Parkview Cres. Browse the list under "Other properties on Parkview Cres" to compare beds, baths, and sale history.
What are the property facts for 506 Parkview Cres?
506 Parkview Cres is a 4 bed, 4 bath, 3,467 sqft, 6,534 sqft lot single_family.
Is 506 Parkview Cres a flip candidate?
No — 506 Parkview Cres does not appear in our flips dataset.
Is 506 Parkview Cres a tax-appeal candidate?
No — 506 Parkview Cres 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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