Skip main navigation
Off market
  • $871,100

    5 Penick Ln, Chapel Hill, NC 27516

    3beds
    2,277sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $871,100 Zestimate®
    $383/sqft
    $3,444 Estimated rent

    Home value

    $871,100

    $784,000 - $967,000

    $3,444/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,444/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

    $3,444/mo

    Rent Zestimate®

    Refinance and save

    $5,276/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

    $5,276/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

    Live amongst the treesClassic mid-century american styleLandscaped front yardWasher and dryerGarbage disposalNew roof

    WOODSY, DOWNTOWN CHAPEL HILL HOME. Walk to UNC. Walk to Franklin St. Live amongst the trees, backing onto 12 acres of undeveloped woods despite central location. Perfect for UNC hospitals, university campus, and easy access to I-40 and RTP just 20 min drive away. 3 BR, plus living room with gas fireplace, den, office, and dining w/ bay windows. Classic mid-century American style, with original hardwood floors throughout BRs/hall/living room & new roof. Unbeatable WFH office surrounded by forest and deck views. Skylight makes for a sun-filled TV room/den, and tree canopy provides remarkable natural cooling in summer. Central air/heating, washer & dryer, garbage disposal, and dishwasher; one car garage (EV charger) with driveway parking for add'l vehicles. Truly, the best of both worlds: convenient downtown access with the nature and quiet of a more isolated address. (AT&T Fiber & Spectrum cable internet both available. Chapel Hill public schools CHCCS). Landscaped front yard and wraparound deck with views of stone outcropping & trail to creek complete the package. [Photos show furniture for illustrative purposes, rental is unfurnished beyond wardrobe in primary bedroom.] 12 month lease starting July 1 or July 15, no smoking indoors, no pets. If you have any questions, contact Ben (homeowner and manager). Questions and rental applications should be submitted via Zillow.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 2,277 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Electric Vehicle Charging Station, Nature
    Details
    • Parcel number: 9788136696

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $3,800
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $383/sqft
    • Tax assessed value: $794,300
    • Annual tax amount: $10,556
    • Date on market: 4/15/2026
    • Date available: 07/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    5/6/2026Listing removed$3,800$2/sqft
    Source: Zillow Rentals Report a problem
    4/15/2026Listed for rent$3,800+8.6%$2/sqft
    Source: Zillow Rentals Report a problem
    4/11/2025Listing removed$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    4/4/2025Listed for rent$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    6/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/10/2024Listed for rent$3,500+2.9%$2/sqft
    Source: Zillow Rentals Report a problem
    5/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/28/2023Listed for rent$3,400+3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/3/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/31/2022Listed for rent$3,300$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/4/2020Sold$548,000-0.4%$241/sqft
    Source: Doorify MLS #2329178 Report a problem
    10/21/2020Pending sale$550,000$242/sqft
    Source: Tony Hall & Associates #2329178 Report a problem
    10/3/2020Listed for sale$550,000$242/sqft
    Source: Tony Hall & Associates #2329178 Report a problem
    9/18/2020Pending sale$550,000$242/sqft
    Source: Tony Hall & Associates #2329178 Report a problem
    9/14/2020Price change$550,000-4.3%$242/sqft
    Source: Tony Hall & Associates #2329178 Report a problem
    7/6/2020Listed for sale$575,000$253/sqft
    Source: Tony Hall & Associates #2329178 Report a problem
    3/24/2020Listing removed$575,000$253/sqft
    Source: Tony Hall & Associates #2305754 Report a problem
    3/17/2020Pending sale$575,000$253/sqft
    Source: Tony Hall & Associates #2305754 Report a problem
    3/5/2020Listed for sale$575,000$253/sqft
    Source: Tony Hall & Associates #2305754 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,556 +9.7%$794,300 +41%
    2024$9,625 +2.8%$563,400
    2023$9,361 +4.3%$563,400
    2022$8,972 +1.3%$563,400
    2021$8,856 +5.3%$563,400 +12.3%
    2020$8,414 $501,800 +3.7%
    2018$8,414 +6%$484,000
    2017$7,941 +2.7%$484,000 +4%
    2016$7,729 $465,203
    2015$7,729 +0.6%$465,203
    2014$7,682 $465,203
    2013-- $465,203
    2012-- $465,203
    2011-- $465,203
    2010-- $465,203 -11.4%
    2009-- $524,921 +42.1%
    2008$6,187 +3.8%$369,288
    2007$5,958 +4.2%$369,288
    2006$5,718 $369,288
    2005$5,718 +9.8%$369,288 +17.4%
    2004$5,206 +3.6%$314,532
    2003$5,026 +1.5%$314,532
    2002$4,954 +4.2%$314,532
    2001$4,753 +83.9%$314,532 +110.2%
    2000$2,584 $149,608
    Find assessor info on the county website

    Neighborhood: 27516

    Nearby schools

    GreatSchools rating
    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
    $871,100
    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
    $871,100