1506 Velma Rd
Chapel Hill, NC 27514
3 bd 6 ba 4,066 sqft Built 1969 Lot 67,954 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 | $962,900 | $450,000 | $1,412,900 | $18,753 |
| 2023 | $753,200 | $250,000 | $1,003,200 | $16,631 |
| 2022 | $753,200 | $250,000 | $1,003,200 | $15,937 |
| 2021 | $753,200 | $250,000 | $1,003,200 | $15,732 |
| 2020 | $797,400 | $180,000 | $977,400 | $16,298 |
| 2019 | $797,400 | $180,000 | $977,400 | $16,298 |
| 2018 | $797,400 | $180,000 | $977,400 | $15,930 |
| 2017 | $797,400 | $180,000 | $977,400 | $15,606 |
| 2016 | $698,000 | $216,200 | $914,200 | $15,116 |
| 2015 | $698,000 | $216,200 | $914,200 | $15,116 |
| 2014 | $698,000 | $216,200 | $914,200 | $15,061 |
| 2013 | $416,100 | $210,700 | $626,800 | $10,068 |
| 2012 | $282,631 | $210,729 | $493,360 | $7,815 |
| 2011 | $282,631 | $210,729 | $493,360 | $7,810 |
| 2010 | $282,631 | $210,729 | $493,360 | $7,805 |
| 2009 | $282,631 | $210,729 | $493,360 | $7,599 |
| 2008 | $214,855 | $159,649 | $374,504 | $6,774 |
| 2007 | $214,855 | $159,649 | $374,504 | $6,274 |
Property facts
Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
6
Living area
4,066 sqft
Lot size
67,954 sqft
ZIP code
27514
City
Chapel Hill
Street
Velma Rd
Coordinates
35.93440, -79.03269
Comparable properties nearby
Frequently asked questions
When did 1506 Velma Rd last sell?
No public-record sale is on file for 1506 Velma Rd.
What is the current tax assessment for 1506 Velma Rd?
The most recent total assessment for 1506 Velma Rd (year 2025) is $1,412,900 with $18,753 in property tax.
When was 1506 Velma Rd built?
1506 Velma Rd was built in 1969.
How does 1506 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 1506 Velma Rd?
1506 Velma Rd is a 3 bed, 6 bath, 4,066 sqft, 67,954 sqft lot single_family.
Is 1506 Velma Rd a flip candidate?
No — 1506 Velma Rd does not appear in our flips dataset.
Is 1506 Velma Rd a tax-appeal candidate?
No — 1506 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