1502 Velma Rd
Chapel Hill, NC 27514
3 bd 3 ba 2,630 sqft Built 1987 Lot 31,799 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $447,500 | $450,000 | $897,500 | $11,963 |
| 2023 | $350,200 | $250,000 | $600,200 | $10,021 |
| 2022 | $350,200 | $250,000 | $600,200 | $9,607 |
| 2021 | $350,200 | $250,000 | $600,200 | $9,484 |
| 2020 | $369,400 | $180,000 | $549,400 | $9,252 |
| 2019 | $369,400 | $180,000 | $549,400 | $9,252 |
| 2018 | $369,400 | $180,000 | $549,400 | $9,038 |
| 2017 | $369,400 | $180,000 | $549,400 | $8,855 |
| 2016 | $472,699 | $164,052 | $636,751 | $10,544 |
| 2015 | $472,699 | $164,052 | $636,751 | $10,544 |
| 2014 | $472,699 | $164,052 | $636,751 | $10,494 |
| 2013 | $472,699 | $164,052 | $636,751 | $10,298 |
| 2012 | $472,699 | $164,052 | $636,751 | $10,063 |
| 2011 | $472,699 | $164,052 | $636,751 | $10,058 |
| 2010 | $472,699 | $164,052 | $636,751 | $10,053 |
| 2009 | $472,699 | $164,052 | $636,751 | $9,808 |
| 2008 | $376,493 | $124,286 | $500,779 | $9,059 |
| 2007 | $376,493 | $124,286 | $500,779 | $8,390 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,630 sqft
Lot size
31,799 sqft
ZIP code
27514
City
Chapel Hill
Street
Velma Rd
Coordinates
35.93426, -79.03351
Comparable properties nearby
Frequently asked questions
When did 1502 Velma Rd last sell?
No public-record sale is on file for 1502 Velma Rd.
What is the current tax assessment for 1502 Velma Rd?
The most recent total assessment for 1502 Velma Rd (year 2025) is $897,500 with $11,963 in property tax.
When was 1502 Velma Rd built?
1502 Velma Rd was built in 1987.
How does 1502 Velma Rd compare to others on Velma Rd?
We track 1 other property on Velma Rd. Browse the list under "Other properties on Velma Rd" to compare beds, baths, and sale history.
What are the property facts for 1502 Velma Rd?
1502 Velma Rd is a 3 bed, 3 bath, 2,630 sqft, 31,799 sqft lot single_family.
Is 1502 Velma Rd a flip candidate?
No — 1502 Velma Rd does not appear in our flips dataset.
Is 1502 Velma Rd a tax-appeal candidate?
No — 1502 Velma Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.5%
2026 Q3
$674.5K
2026 Q4
$658.1K
ZIP 27514 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Velma Rd