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316 Summerwalk Cir

Chapel Hill, NC 27517

2 bd 3 ba 1,395 sqft Built 1989 condos
Most recent sale
$315,500
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $315,500 Public Record
Apr 13, 2022 Listed $314,900 MLS #2442330
Mar 22, 2022 Sold $242,500 Public Record
Oct 3, 2018 Listing removed $1,200 DoorifyMLS
Aug 27, 2018 Price changed for rent $1,200 DoorifyMLS
Aug 8, 2018 Listed for rent $1,300 DoorifyMLS
Jun 28, 2018 Sold $159,000 Public Record
May 30, 2018 Listed $159,900 MLS #2194704
Feb 18, 2016 Listing removed $1,100 AppfolioUnits
Feb 5, 2016 Listed for rent $1,100 AppfolioUnits
Feb 3, 2016 Listing removed $1,100 AppfolioUnits
Jan 13, 2016 Listed for rent $1,100 AppfolioUnits
Sep 3, 2014 Listing removed $1,100 RentalRoost
Aug 28, 2014 Listed for rent $1,100 RentalRoost
Jul 23, 2014 Listing removed $1,100 Appfolio
Jul 16, 2014 Listing removed $1,100 DoorifyMLS
Jul 10, 2014 Listed for rent $1,100 Appfolio
Jul 7, 2014 Listed for rent $1,100 DoorifyMLS
Jun 20, 2009 Listing removed $180,000 DoorifyMLS
Jun 15, 2009 Sold $171,500 Public Record
Feb 25, 2009 Listed $185,000 MLS #1649934
Feb 6, 2004 Sold $124,000 Public Record
May 10, 2002 Sold $129,000 Public Record
Aug 9, 1996 Sold $103,500 Public Record
Jan 20, 1994 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $316,993 $316,993 $3,479
2024 $316,993 $316,993 $2,080
2023 $149,577 $149,577 $1,980
2022 $149,577 $149,577 $1,861
2021 $149,577 $149,577 $1,849
2020 $149,577 $149,577 $1,878
2019 $149,577 $149,577 $1,878
2018 $159,073 $159,073 $2,077
2017 $159,073 $159,073 $2,029
2016 $159,073 $159,073 $2,011
2015 $167,751 $167,751 $2,209
2014 $167,751 $167,751 $2,209
2013 $167,751 $167,751 $2,161
2012 $167,751 $167,751 $2,077
2011 $167,751 $167,751 $2,079
2010 $167,751 $167,751 $2,079
2009 $167,751 $167,751 $2,162
2008 $167,751 $167,751 $2,162
2006 $123,501 $123,501 $1,643

Property facts

Year built
1989
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,395 sqft
Lot size
ZIP code
27517
City
Chapel Hill
Street
Summerwalk Cir
Coordinates
35.89609, -79.00870

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
$1,883
Gross rental yield
7.16%
Implied cap rate
4.66%
Trend-extrapolated value

Frequently asked questions

When did 316 Summerwalk Cir last sell?
316 Summerwalk Cir most recently sold on May 31, 2022 for $315,500.
What is the current tax assessment for 316 Summerwalk Cir?
The most recent total assessment for 316 Summerwalk Cir (year 2025) is $316,993 with $3,479 in property tax.
How does 316 Summerwalk Cir's assessment compare to its last sale price?
The current assessment is 0.5% above the last sale price of $315,500.
When was 316 Summerwalk Cir built?
316 Summerwalk Cir was built in 1989.
How does 316 Summerwalk Cir compare to others on Summerwalk Cir?
We track 8 other properties on Summerwalk Cir. Browse the list under "Other properties on Summerwalk Cir" to compare beds, baths, and sale history.
What are the property facts for 316 Summerwalk Cir?
316 Summerwalk Cir is a 2 bed, 3 bath, 1,395 sqft condos.
Is 316 Summerwalk Cir a flip candidate?
Yes — 316 Summerwalk Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 316 Summerwalk Cir a tax-appeal candidate?
No — 316 Summerwalk Cir 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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