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505 Sun Forest Way

Chapel Hill, NC 27517

4 bd 4,439 sqft Built 2004 Lot 209,524 sqft single_family
Most recent sale
$1,625,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $1,625,000 MLS #2459454
Jul 15, 2022 Relisted $1,550,000 MLS #2459454
Jun 30, 2022 Listed $1,550,000 MLS #2459454
May 1, 2019 Sold $876,000 Public Record
Feb 28, 2019 Listed $899,000 MLS #2239306
Aug 30, 2013 Sold $780,000 Public Record
Aug 29, 2013 Sold $780,000 DoorifyMLS
Jan 22, 2013 Listed $795,000 MLS #1870104

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $715,290 $165,962 $881,252 $7,025
2021 $715,290 $165,962 $881,252 $6,937
2020 $629,047 $195,250 $824,297 $6,538
2019 $618,247 $195,250 $813,497 $6,454
2017 $618,247 $195,250 $813,497 $6,038
2016 $618,247 $195,250 $813,497 $6,085
2015 $618,247 $195,250 $813,497 $5,988
2014 $618,247 $195,250 $813,497 $5,900
2013 $618,247 $195,250 $813,497 $5,900
2012 $618,247 $195,250 $813,497 $5,900
2011 $618,247 $195,250 $813,497 $5,721
2010 $618,247 $195,250 $813,497 $5,596
2009 $618,247 $195,250 $813,497 $5,403
2008 $556,461 $185,487 $741,948 $5,364
2007 $556,461 $185,487 $741,948 $5,097

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
4
Baths
Living area
4,439 sqft
Lot size
209,524 sqft
ZIP code
27517
City
Chapel Hill
Street
Sun Forest Way
Coordinates
35.86019, -79.07428

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,993
Gross rental yield
4.43%
Implied cap rate
2.88%
Trend-extrapolated value

Frequently asked questions

When did 505 Sun Forest Way last sell?
505 Sun Forest Way most recently sold on Aug 16, 2022 for $1,625,000.
What is the current tax assessment for 505 Sun Forest Way?
The most recent total assessment for 505 Sun Forest Way (year 2022) is $881,252 with $7,025 in property tax.
How does 505 Sun Forest Way's assessment compare to its last sale price?
The current assessment is 45.8% below the last sale price of $1,625,000.
When was 505 Sun Forest Way built?
505 Sun Forest Way was built in 2004.
How does 505 Sun Forest Way compare to others on Sun Forest Way?
We track 8 other properties on Sun Forest Way. Browse the list under "Other properties on Sun Forest Way" to compare beds, baths, and sale history.
What are the property facts for 505 Sun Forest Way?
505 Sun Forest Way is a 4 bed, 4,439 sqft, 209,524 sqft lot single_family.
Is 505 Sun Forest Way a flip candidate?
No — 505 Sun Forest Way does not appear in our flips dataset.
Is 505 Sun Forest Way a tax-appeal candidate?
No — 505 Sun Forest Way 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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