Skip main navigation
Sold for $980,000
  • $980,000

    3 Penick Ln, Chapel Hill, NC 27516

    5beds
    3,002sqft
    Single Family Residence, Residential
    Built in 1959
    0.6 Acres Lot
    $1,113,100 Zestimate®
    $326/sqft
    $4,731 Estimated rent

    Home value

    $1,113,100

    $1.02M - $1.22M

    $4,731/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,731/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,731/mo

    Rent Zestimate®

    Refinance and save

    $5,936/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $5,936/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    In the heart of Chapel Hill, walking distance to UNC and Franklin Street, nestled on over a half acre of serene wooded bliss in the prestigious enclave of Westwood, sits one of a kind gem that is more than meets the eye. Inside, you'll find vaulted ceilings and skylights, giving a sense of expansiveness and light, which are a perfect compliment to the gorgeous ever-changing wooded views out of the rear windows and balconies. Another surprise is the beautiful modern kitchen and bathrooms, and 5 bedrooms including the lavish main-level primary retreat, with its vaulted ceiling, balcony, closet with built-in organizing system, and sumptuous spa-like bath with luxurious soaker tub, oversized shower with multiple shower heads, and skylight. The original charm of this 1950's home, with its hardwoods and heart pine, has been expanded and augmented by incorporating eco-friendly materials, like bamboo and cork flooring on the lower level. The versatile living spaces, including a second living area and office or game room on the lower level mean that this home effortlessly accommodates multiple generations or hosts of guests in unparalleled comfort. And outside, the possibilities are endless! Sip lemonade on the deck saying hello to the friendly neighbors, listen to the sound of the creek and birdsong from the balconies, plan your future harvest from the raised garden beds in the fenced yard, or stroll down to Franklin Street. This centrally located retreat offers a rare opportunity to embrace a lifestyle of relaxed luxury and central living convenience. Seize the chance to make this hidden gem your own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Inna Shapiro 919-619-4283,

    Keller Williams Realty United

    Bought with:

    Jay Kennihan, 221204

    Chapel Hill Realty Group, Inc.

    Source: Doorify MLS,MLS#: 10021986MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Features
    • Flooring: Bamboo, Cork, Tile, Wood
    • Doors: Sliding Doors
    • Basement: Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access
    Interior area
    • Total structure area: 3,002
    • Total interior livable area: 3,002 sqft
    • Finished area above ground: 1,748
    • Finished area below ground: 1,254

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 1
    • Exterior features: Garden
    • Fencing: Wood
    • Has view: Yes
    Lot
    • Size: 0.6 Acres
    Details
    • Parcel number: 9788138610
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Transitional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Cedar, Wood Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Westwood
    HOA
    • Has HOA: No
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $326/sqft
    • Tax assessed value: $970,000
    • Annual tax amount: $9,660
    • Date on market: 4/9/2024

    Price history

    DateEventPrice
    1/12/2026Listing removed$4,200$1/sqft
    Source: Zillow Rentals Report a problem
    12/11/2025Listed for rent$4,200$1/sqft
    Source: Zillow Rentals Report a problem
    6/10/2024Sold$980,000-1.9%$326/sqft
    Source: Doorify MLS #10021986 Report a problem
    5/7/2024Pending sale$998,500$333/sqft
    Source: Doorify MLS #10021986 Report a problem
    4/9/2024Listed for sale$998,500+79.9%$333/sqft
    Source: Doorify MLS #10021986 Report a problem
    9/28/2010Sold$555,000-7.3%$185/sqft
    Source: Public Record Report a problem
    7/28/2010Price change$599,000-3.2%$200/sqft
    Source: The Home Team #1727769 Report a problem
    5/22/2010Listed for sale$619,000+67.3%$206/sqft
    Source: The Home Team #1727769 Report a problem
    10/17/2008Sold$370,000$123/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,994 +24.5%$970,000 +61.2%
    2024$10,433 +2.7%$601,800
    2023$10,155 +4.3%$601,800
    2022$9,739 +1.7%$601,800 +0.4%
    2021$9,579 +2.3%$599,400 +9.1%
    2020$9,363 $549,600
    2018$9,363 +2.4%$549,600
    2017$9,142 +16.3%$549,600 +18.2%
    2016$7,858 $464,900
    2015$7,858 +1.1%$464,900
    2014$7,769 $464,900 +14.2%
    2013-- $407,020
    2012-- $407,020
    2011-- $407,020
    2010-- $407,020 +2%
    2009-- $399,026 +33%
    2008$5,028 +3.8%$300,088
    2007$4,842 +4.2%$300,088
    2006$4,647 $300,088
    2005$4,647 +7.3%$300,088 +14.7%
    2004$4,329 +7.4%$261,560 +3.7%
    2003$4,031 +1.5%$252,255
    2002$3,973 +4.2%$252,255
    2001$3,812 $252,255 +117.7%
    2000-- $115,898
    Find assessor info on the county website

    Neighborhood: 27516

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CH/Carrboro - Carrboro
    • Middle: CH/Carrboro - Smith
    • High: CH/Carrboro - East Chapel Hill

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,113,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,113,100