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1002 Wave Rd

Chapel Hill, NC 27517

2 bd 1 ba 410 sqft Built 1970 Lot 22,216 sqft single_family
Most recent sale
$300,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $300,000 MLS #2470810
Aug 26, 2022 Listed $229,000 MLS #2470810

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $132,000 $175,000 $307,000 $2,864
2023 $118,200 $85,000 $203,200 $2,501
2022 $70,500 $85,000 $155,500 $1,903
2021 $70,500 $85,000 $155,500 $1,868
2020 $64,900 $75,000 $139,900 $1,790
2019 $64,900 $75,000 $139,900 $1,790
2017 $64,900 $75,000 $139,900 $1,728
2016 $67,374 $76,140 $143,514 $1,815
2015 $67,374 $76,140 $143,514 $1,815
2014 $67,374 $76,140 $143,514 $1,774
2013 $67,374 $76,140 $143,514 $1,745
2012 $67,374 $76,140 $143,514 $1,670
2011 $67,374 $76,140 $143,514 $1,660
2010 $67,374 $76,140 $143,514 $1,649
2009 $67,374 $76,140 $143,514 $1,573
2008 $45,916 $57,754 $103,670 $1,335
2007 $45,916 $57,754 $103,670 $1,247

Property facts

Year built
1970
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
410 sqft
Lot size
22,216 sqft
ZIP code
27517
City
Chapel Hill
Street
Wave Rd
Coordinates
35.86936, -79.06506

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1002 Wave Rd last sell?
1002 Wave Rd most recently sold on Sep 29, 2022 for $300,000.
What is the current tax assessment for 1002 Wave Rd?
The most recent total assessment for 1002 Wave Rd (year 2025) is $307,000 with $2,864 in property tax.
How does 1002 Wave Rd's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $300,000.
When was 1002 Wave Rd built?
1002 Wave Rd was built in 1970.
How does 1002 Wave Rd compare to others on Wave Rd?
We track 6 other properties on Wave Rd. Browse the list under "Other properties on Wave Rd" to compare beds, baths, and sale history.
What are the property facts for 1002 Wave Rd?
1002 Wave Rd is a 2 bed, 1 bath, 410 sqft, 22,216 sqft lot single_family.
Is 1002 Wave Rd a flip candidate?
No — 1002 Wave Rd does not appear in our flips dataset.
Is 1002 Wave Rd a tax-appeal candidate?
No — 1002 Wave Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.4%
2026 Q3
$721.8K
2026 Q4
$717.4K
ZIP 27517 — Median Price History + Forecast

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