71 Tobacco Farm Way
Chapel Hill, NC 27516
4 bd 3 ba 2,628 sqft Built 2008 Lot 9,148 sqft single_family
Most recent sale
$620,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $620,000 | MLS #2456774 |
| Jun 18, 2022 | Listed | $649,500 | MLS #2456774 |
| May 20, 2009 | Sold | $320,000 | Public Record |
| May 19, 2009 | Sold | $320,000 | DoorifyMLS |
| Feb 18, 2009 | Listed | $329,900 | MLS #1629755 |
| Aug 18, 2008 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $479,573 | $133,100 | $612,673 | $4,457 |
| 2024 | $479,573 | $133,100 | $612,673 | $3,786 |
| 2023 | $300,832 | $127,050 | $427,882 | $3,615 |
| 2022 | $300,832 | $127,050 | $427,882 | $3,475 |
| 2021 | $300,832 | $127,050 | $427,882 | $3,433 |
| 2020 | $348,555 | $50,000 | $398,555 | $3,226 |
| 2019 | $348,555 | $50,000 | $398,555 | $3,226 |
| 2017 | $348,555 | $45,000 | $393,555 | $2,968 |
| 2016 | $313,635 | $45,000 | $358,635 | $2,733 |
| 2015 | $313,635 | $45,000 | $358,635 | $2,691 |
| 2014 | $313,635 | $45,000 | $358,635 | $2,637 |
| 2013 | $313,635 | $45,000 | $358,635 | $2,637 |
| 2012 | $313,635 | $45,000 | $358,635 | $2,637 |
| 2011 | $313,635 | $45,000 | $358,635 | $2,558 |
| 2010 | $313,635 | $45,000 | $358,635 | $2,467 |
| 2009 | $313,635 | $45,000 | $358,635 | $2,382 |
| 2008 | — | $31,500 | $31,500 | $228 |
Property facts
Year built
2008
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,628 sqft
Lot size
9,148 sqft
ZIP code
27516
City
Chapel Hill
Street
Tobacco Farm Way
Coordinates
35.82672, -79.10809
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,548
Gross rental yield
6.87%
Implied cap rate
4.46%
Trend-extrapolated value
—
Frequently asked questions
When did 71 Tobacco Farm Way last sell?
71 Tobacco Farm Way most recently sold on Aug 15, 2022 for $620,000.
What is the current tax assessment for 71 Tobacco Farm Way?
The most recent total assessment for 71 Tobacco Farm Way (year 2025) is $612,673 with $4,457 in property tax.
How does 71 Tobacco Farm Way's assessment compare to its last sale price?
The current assessment is 1.2% below the last sale price of $620,000.
When was 71 Tobacco Farm Way built?
71 Tobacco Farm Way was built in 2008.
How does 71 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 71 Tobacco Farm Way?
71 Tobacco Farm Way is a 4 bed, 3 bath, 2,628 sqft, 9,148 sqft lot single_family.
Is 71 Tobacco Farm Way a flip candidate?
No — 71 Tobacco Farm Way does not appear in our flips dataset.
Is 71 Tobacco Farm Way a tax-appeal candidate?
No — 71 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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