When was property at 700 Palafox Drive built and last sold?

The property at 700 Palafox Drive was built in 2001 and last sold on Jun 12, 2016 for $389,000.

How much is this home worth?

The estimated value of the home located at 700 Palafox Drive is $413,714.

What are some comparable homes to 700 Palafox Drive?

There are currently no comparable homes to 700 Palafox Drive.

Chapel Hill

27516

Parkside

700 Palafox Drive

$389,000

● House - Off Market

700 Palafox Drive

Chapel Hill, NC 27516

4 Beds

2 Baths, 1 Half Bath

2,692 Ft²

$673,273

RealtyHop Estimate

69.16%

Since Aug 1, 2016

National-US

Primary Model

About This Property

Beautiful home with tons of upgrades! 4 bedrooms with a spacious bonus room; Elegant dinning room with tray ceiling; Gleaming hardwood floors throughout main level; All NEW windows replaced in 2016; New carpet on upper level; New/almost new appliances; Granite counter top with new backsplash; Hardwoord flooring installed in 2013 and refinished in 2015; Freshly painted; Cul-de-sac; Short walk to shops, playground, swimming & soccer fields; Convenient to UNC & Highway access to RTP

Unit Size

2,692 Ft²

Days on Market

Land Size

0.26 acres

Price per sqft

$148

Property Type

House

Property Taxes

HOA Dues

$16

Year Built

2001

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2061627)

Price History

Date / Event	Date	Event
Jul 12, 2016	Sold	Premium
Sold
Apr 16, 2016	Listed by CHK Realty	$398,000
Listed by CHK Realty
Dec 3, 2001	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2001

Effective Year Built: 2004
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 10
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 15
Exterior Walls Type: 15
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 175
Living Units: 1
Floor Cover: 0
Basement Type: 2
Basement Area: 0
Garage Type: 1
Garage Square Area: 440
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 11,326

Total Building Area: 2,445
Gross Building Area: 4,641
Building Area: 2,445
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 2,445
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PARKSIDE
Land Acres: 0000000260
Standard Land Use Code: 1001
County Land Use Code: 1001
Legal Description 1: 52 PH 1-2 PARKSIDE II P88/95

Neighborhood

School District Name: Chapel Hill-Carrboro Schools

School Tax School District: CH-CARR SCHOOL
Census Tract: 011207

Zoning

Zoning: R2

Geography

Assessors Map Reference: 6154/348

District: 7
Subdivision Phase Number: 1
Parcel: 9880-04-3271
Municipality: CHAPEL HILL
Latitude: 35.9596
Longitude: -79.0663

Address

Full Address: 700 Palafox Dr

Address - House Number: 700
Address - Street Name: Palafox
Address - Suffix Type: Dr
State: NC
City Name: Chapel Hill
Carrier Code: C023
4-Digit Zip Code: 1188
Zip Code: 27516

Valuation

Tax

Tax Year: 2023

Tax Amount: $644,497
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: CHSC,ORAG,

Appraisal Valuation

Standard Deviation: 0.2118

Valuation Date: Oct 11, 2023
Confidence Score: 71
Final Value: 669,024
High Value: 810,770
Low Value: 527,278

Market Valuation

Market Total Value: $386,100

Market Land Value: $150,000
Market Improvement Value: $236,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $386,100
Assessed Land Value: $150,000
Assessed Improvements Value: $236,100

Sales

Current Sale Contract Date: Jun 12, 2016

Current Sale Recording Date: Jul 12, 2016
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20160712000144640
Previous Sale Recording Date: Dec 03, 2001
Previous Sale Contract Date: Nov 30, 2001
Previous Sale Amount: $268,500
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Parkside

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$260

Below Asking

0.02%

Average Days on Market

Average Home Size

3259 ft²

Average Home Age

28 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 100 Ginkgo Trail, NC, 27516

$2,895 /mo

2 Beds
3 Baths
1,680 ft²

100 Ginkgo Trail #ROSEMARYWBASEMENT, NC, 27516 Listing by Ross C Rebhan

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

Unit for rent at 100 N Camellia Street, Chapel Hill, NC, 27516

$2,695 /mo

4 Beds
3 Baths
2,900 ft²

100 N Camellia Street, Chapel Hill, NC, 27516 Listing by Narsa Gaddam

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Yang Yuan, CHK Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2061627

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.

700 Palafox Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Parkside

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions