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1120 Sourwood Dr

Chapel Hill, NC 27517

4 bd 4 ba 2,336 sqft Built 1956 Lot 35,719 sqft single_family
Most recent sale
$875,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $875,000 MLS #2466252
Aug 3, 2022 Listed $850,000 MLS #2466252
May 10, 2018 Sold $607,000 Public Record
Mar 15, 2018 Listed $595,000 MLS #2178900
Apr 13, 1999 Sold $230,000 Public Record
Apr 12, 1999 Sold $230,000 DoorifyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $292,200 $400,000 $692,200 $9,598
2023 $221,800 $225,000 $446,800 $7,843
2022 $221,800 $225,000 $446,800 $7,534
2021 $221,800 $225,000 $446,800 $7,443
2020 $205,400 $225,000 $430,400 $7,616
2019 $205,400 $225,000 $430,400 $7,616
2018 $205,400 $225,000 $430,400 $7,422
2017 $205,400 $225,000 $430,400 $7,269
2016 $246,053 $155,961 $402,014 $6,978
2015 $246,053 $155,961 $402,014 $6,978
2014 $246,053 $155,961 $402,014 $6,848
2013 $246,053 $155,961 $402,014 $6,722
2012 $246,053 $155,961 $402,014 $6,646
2011 $246,053 $155,961 $402,014 $6,631
2010 $246,053 $155,961 $402,014 $6,616
2009 $246,053 $155,961 $402,014 $6,193
2008 $201,909 $118,164 $320,073 $5,790
2007 $201,909 $118,164 $320,073 $5,362

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
2,336 sqft
Lot size
35,719 sqft
ZIP code
27517
City
Chapel Hill
Street
Sourwood Dr
Coordinates
35.89253, -79.03718

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
$3,154
Gross rental yield
4.33%
Implied cap rate
2.81%
Trend-extrapolated value

Frequently asked questions

When did 1120 Sourwood Dr last sell?
1120 Sourwood Dr most recently sold on Sep 9, 2022 for $875,000.
What is the current tax assessment for 1120 Sourwood Dr?
The most recent total assessment for 1120 Sourwood Dr (year 2025) is $692,200 with $9,598 in property tax.
How does 1120 Sourwood Dr's assessment compare to its last sale price?
The current assessment is 20.9% below the last sale price of $875,000.
When was 1120 Sourwood Dr built?
1120 Sourwood Dr was built in 1956.
How does 1120 Sourwood Dr compare to others on Sourwood Dr?
We track 3 other properties on Sourwood Dr. Browse the list under "Other properties on Sourwood Dr" to compare beds, baths, and sale history.
What are the property facts for 1120 Sourwood Dr?
1120 Sourwood Dr is a 4 bed, 4 bath, 2,336 sqft, 35,719 sqft lot single_family.
Is 1120 Sourwood Dr a flip candidate?
No — 1120 Sourwood Dr does not appear in our flips dataset.
Is 1120 Sourwood Dr a tax-appeal candidate?
No — 1120 Sourwood Dr 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
-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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