194 Ridge Trl
Chapel Hill, NC 27516
4 bd 4 ba 2,222 sqft Built 1974 Lot 1,742 sqft townhomes
Most recent sale
$400,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 23, 2022 | Listed | $400,000 | MLS #2461284 |
| Aug 12, 2022 | Sold | $400,000 | MLS #2461284 |
| Jul 9, 2022 | Listed | $400,000 | MLS #2461284 |
| Jun 17, 2020 | Sold | $241,000 | Public Record |
| May 5, 2003 | Sold | $132,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $235,100 | $140,000 | $375,100 | $5,043 |
| 2023 | $186,900 | $70,000 | $256,900 | $4,336 |
| 2022 | $167,400 | $70,000 | $237,400 | $3,859 |
| 2021 | $167,400 | $70,000 | $237,400 | $3,811 |
| 2020 | $149,300 | $40,000 | $189,300 | $3,267 |
| 2019 | $149,300 | $40,000 | $189,300 | $3,267 |
| 2018 | $149,300 | $40,000 | $189,300 | $3,188 |
| 2017 | $149,300 | $40,000 | $189,300 | $3,122 |
| 2016 | $119,835 | $57,526 | $177,361 | $3,016 |
| 2015 | $119,835 | $57,526 | $177,361 | $3,016 |
| 2014 | $119,835 | $57,526 | $177,361 | $2,957 |
| 2013 | $119,835 | $57,526 | $177,361 | $2,902 |
| 2012 | $119,835 | $57,526 | $177,361 | $2,829 |
| 2011 | $119,835 | $57,526 | $177,361 | $2,829 |
| 2010 | $119,835 | $57,526 | $177,361 | $2,827 |
| 2009 | $119,835 | $57,526 | $177,361 | $2,732 |
| 2008 | $103,914 | $43,581 | $147,495 | $2,668 |
| 2007 | $103,914 | $43,581 | $147,495 | $2,471 |
Property facts
Year built
1974
Property type
townhomes
Stories
2
Beds
4
Baths
4
Living area
2,222 sqft
Lot size
1,742 sqft
ZIP code
27516
City
Chapel Hill
Street
Ridge Trl
Coordinates
35.92189, -79.06831
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
$3,000
Gross rental yield
9.00%
Implied cap rate
5.85%
Trend-extrapolated value
—
Frequently asked questions
When did 194 Ridge Trl last sell?
194 Ridge Trl most recently sold on Aug 12, 2022 for $400,000.
What is the current tax assessment for 194 Ridge Trl?
The most recent total assessment for 194 Ridge Trl (year 2025) is $375,100 with $5,043 in property tax.
How does 194 Ridge Trl's assessment compare to its last sale price?
The current assessment is 6.2% below the last sale price of $400,000.
When was 194 Ridge Trl built?
194 Ridge Trl was built in 1974.
How does 194 Ridge Trl compare to others on Ridge Trl?
We track 8 other properties on Ridge Trl. Browse the list under "Other properties on Ridge Trl" to compare beds, baths, and sale history.
What are the property facts for 194 Ridge Trl?
194 Ridge Trl is a 4 bed, 4 bath, 2,222 sqft, 1,742 sqft lot townhomes.
Is 194 Ridge Trl a flip candidate?
No — 194 Ridge Trl does not appear in our flips dataset.
Is 194 Ridge Trl a tax-appeal candidate?
No — 194 Ridge Trl 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
Explore nearby
Geography
Other properties on Ridge Trl