314 Tobacco Farm Way
Chapel Hill, NC 27516
3 bd 3 ba 2,220 sqft Built 2011 Lot 6,403 sqft single_family
Most recent sale
$705,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 30, 2025 | Sold | $665,000 | DoorifyMLS |
| Mar 6, 2025 | Listed | $675,000 | DoorifyMLS |
| Jul 15, 2022 | Sold | $705,000 | MLS #2454163 |
| Jun 7, 2022 | Listed | $625,000 | MLS #2454163 |
| Aug 3, 2015 | Sold | $350,000 | DoorifyMLS |
| Jun 18, 2015 | Price changed | $355,000 | MLS #1989209 |
| Feb 6, 2015 | Listed | $365,000 | MLS #1989209 |
| Mar 26, 2012 | Sold | $338,000 | Public Record |
| Mar 23, 2012 | Sold | $338,000 | DoorifyMLS |
| Oct 31, 2011 | Listed | $339,900 | MLS #1808434 |
| Aug 22, 2011 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $444,031 | $126,170 | $570,201 | $4,159 |
| 2024 | $444,031 | $126,170 | $570,201 | $3,500 |
| 2023 | $289,285 | $120,435 | $409,720 | $3,468 |
| 2022 | $289,285 | $120,435 | $409,720 | $3,333 |
| 2021 | $289,285 | $120,435 | $409,720 | $3,292 |
| 2020 | $284,224 | $40,000 | $324,224 | $2,647 |
| 2019 | $284,224 | $40,000 | $324,224 | $2,647 |
| 2017 | $284,224 | $40,000 | $324,224 | $2,461 |
| 2016 | $282,298 | $40,000 | $322,298 | $2,466 |
| 2015 | $282,298 | $40,000 | $322,298 | $2,427 |
| 2014 | $282,298 | $40,000 | $322,298 | $2,379 |
| 2013 | $282,298 | $40,000 | $322,298 | $2,379 |
| 2012 | $282,298 | $40,000 | $322,298 | $2,413 |
Property facts
Year built
2011
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,220 sqft
Lot size
6,403 sqft
ZIP code
27516
City
Chapel Hill
Street
Tobacco Farm Way
Coordinates
35.82924, -79.11056
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,997
Gross rental yield
5.10%
Implied cap rate
3.32%
Trend-extrapolated value
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Frequently asked questions
When did 314 Tobacco Farm Way last sell?
314 Tobacco Farm Way most recently sold on Jul 15, 2022 for $705,000.
What is the current tax assessment for 314 Tobacco Farm Way?
The most recent total assessment for 314 Tobacco Farm Way (year 2025) is $570,201 with $4,159 in property tax.
How does 314 Tobacco Farm Way's assessment compare to its last sale price?
The current assessment is 19.1% below the last sale price of $705,000.
When was 314 Tobacco Farm Way built?
314 Tobacco Farm Way was built in 2011.
How does 314 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 314 Tobacco Farm Way?
314 Tobacco Farm Way is a 3 bed, 3 bath, 2,220 sqft, 6,403 sqft lot single_family.
Is 314 Tobacco Farm Way a flip candidate?
No — 314 Tobacco Farm Way does not appear in our flips dataset.
Is 314 Tobacco Farm Way a tax-appeal candidate?
No — 314 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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