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Chapel Hill 27514 Partin Hills
129 Marcus Road
$655,000
● House - Off Market

129 Marcus Road

Chapel Hill, NC 27514
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,161 Ft²
$930,051
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Elegant One of a kind executive home on 2 acres in the East High School District. Charming details & outstanding wooded views from every window.  Large 1st floor bedroom w/sitting area could be a master.  Exceptional 1st flr office.  Kitchen w/large breakfast area surrounded w/light & fantastic butlers pantry w/loads of storage.  Master suite w/lg WIC, sitting area & exercise room.  Media & recreation room on lower level.  Enjoy the patios, tree house, yard & nature path thru the forest & along the creek.
Unit Size
4,161 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$163
Property Type
House
Property Taxes
$993
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (TMLS #2310978)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
Mar 30, 2020 Listed by Real Estate Experts $679,000
Listed by Real Estate Experts
Jul 30, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2002
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 15
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 4,074
  • Gross Building Area: 6,063
  • Building Area: 4,074
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 4,074
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: N/S MARCUS RD P19/197

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011904

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 5661/391
  • District: 7
  • Subdivision Tract Number: 1
  • Parcel: 9880-82-2508
  • Municipality: CHAPEL HILL
  • Latitude: 35.9554
  • Longitude: -79.04

    Address

  • Full Address: 129 Marcus Rd
  • Address - House Number: 129
  • Address - Street Name: Marcus
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C024
  • 4-Digit Zip Code: 1448
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,178,728
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 1,067,747
  • High Value: 1,262,494
  • Low Value: 872,999

    Market Valuation

  • Market Total Value: $708,000
  • Market Land Value: $268,200
  • Market Improvement Value: $439,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $708,000
  • Assessed Land Value: $268,200
  • Assessed Improvements Value: $439,800

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30028556
  • Previous Sale Recording Date: Jul 30, 2013
  • Previous Sale Contract Date: Jul 30, 2013
  • Previous Sale Amount: $267,400
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Partin Hills

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

3171 ft²

Average Home Age

56 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1547 Ephesus Church Road, Chapel Hill, NC, 27517

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,402 ft²
1547 Ephesus Church Road, Chapel Hill, NC, 27517 Listing by Deb Lovig
Unit for rent at 171 Cabernet Drive, Chapel Hill, NC, 27516

$2,550 /mo

  • 3 Beds
  • 2 Baths
171 Cabernet Drive, Chapel Hill, NC, 27516 Listing by Abhi Dubey
Unit for rent at 209 Hunter Hill Road, Chapel Hill, NC, 27516

$2,600 /mo

  • 3 Beds
  • 2 Baths
209 Hunter Hill Road, Chapel Hill, NC, 27516 Listing by Yang Yuan

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Jodi Bakst, Real Estate Experts
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2310978
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Frequently Asked Questions

When was property at 129 Marcus Road built and last sold?
The property at 129 Marcus Road was built in 1992 and last sold on Aug 31, 2020 for $655,000.
How much is this home worth?
The estimated value of the home located at 129 Marcus Road is $0.
What are some comparable homes to 129 Marcus Road?
There are currently no comparable homes to 129 Marcus Road.
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