259 Tobacco Farm Way
Chapel Hill, NC 27516
4 bd 2,040 sqft Built 2013 Lot 3,049 sqft single_family
Most recent sale
$440,000
Aug 20, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 16, 2024 | Listed | $525,000 | TriangleAreaNC |
| Aug 20, 2021 | Sold | $440,000 | TriangleAreaNC |
| Jun 14, 2021 | Sold | $402,000 | Public Record |
| Feb 11, 2020 | Sold | $307,000 | Public Record |
| Jan 26, 2020 | Listing removed | — | TriangleAreaNC |
| Nov 27, 2019 | Listed | $310,000 | TriangleAreaNC |
| May 29, 2013 | Sold | $248,100 | Public Record |
| Mar 29, 2013 | Listing removed | $249,900 | TriangleAreaNC |
| Nov 7, 2012 | Price changed | $249,900 | TriangleAreaNC |
| Oct 8, 2012 | Listed | $245,900 | TriangleAreaNC |
| Jul 2, 2012 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $352,661 | $50,000 | $402,661 | $2,983 |
| 2024 | $352,661 | $50,000 | $402,661 | $2,622 |
| 2023 | $243,360 | $48,000 | $291,360 | $2,505 |
| 2022 | $243,360 | $48,000 | $291,360 | $2,406 |
| 2021 | $243,360 | $48,000 | $291,360 | $2,377 |
| 2020 | $260,581 | $25,000 | $285,581 | $2,346 |
| 2019 | $260,581 | $25,000 | $285,581 | $2,346 |
| 2017 | $260,581 | $25,000 | $285,581 | $2,178 |
| 2016 | $211,109 | $25,000 | $236,109 | $1,830 |
| 2015 | $211,109 | $25,000 | $236,109 | $1,802 |
| 2014 | $211,109 | $25,000 | $236,109 | $1,767 |
| 2013 | $97,750 | $22,500 | $120,250 | $853 |
| 2011 | — | $45,000 | $45,000 | $309 |
| 2010 | — | $45,000 | $45,000 | $309 |
| 2009 | — | $45,000 | $45,000 | $298 |
| 2008 | — | $31,500 | $31,500 | $227 |
Property facts
Year built
2013
Property type
single_family
Stories
2
Beds
4
Baths
—
Living area
2,040 sqft
Lot size
3,049 sqft
ZIP code
27516
City
Chapel Hill
Street
Tobacco Farm Way
Coordinates
35.82863, -79.11012
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,754
Gross rental yield
7.51%
Implied cap rate
4.88%
Trend-extrapolated value
—
Frequently asked questions
When did 259 Tobacco Farm Way last sell?
259 Tobacco Farm Way most recently sold on Aug 20, 2021 for $440,000.
What is the current tax assessment for 259 Tobacco Farm Way?
The most recent total assessment for 259 Tobacco Farm Way (year 2025) is $402,661 with $2,983 in property tax.
How does 259 Tobacco Farm Way's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $440,000.
When was 259 Tobacco Farm Way built?
259 Tobacco Farm Way was built in 2013.
How does 259 Tobacco Farm Way compare to others on Tobacco Farm Way?
We track 8 other properties on Tobacco Farm Way. Browse the list under "Other properties on Tobacco Farm Way" to compare beds, baths, and sale history.
What are the property facts for 259 Tobacco Farm Way?
259 Tobacco Farm Way is a 4 bed, 2,040 sqft, 3,049 sqft lot single_family.
Is 259 Tobacco Farm Way a flip candidate?
Yes — 259 Tobacco Farm Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 259 Tobacco Farm Way a tax-appeal candidate?
No — 259 Tobacco Farm Way 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
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