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Sold for $270,000
  • $270,000

    875 Martin Luther King Jr Blvd #15, Chapel Hill, NC 27516

    2beds
    1baths
    1,092sqft
    Condo
    Built in 1983
    -- sqft lot
    $272,100 Zestimate®
    $247/sqft
    $1,656 Estimated rent

    Home value

    $272,100

    $248,000 - $299,000

    $1,656/mo

    Zestimate® history
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    What's special

    Nice 2 bedroom 1 1/2 bath end unit condo in Salem Court. Downstairs has a large living room with fireplace and sliding doors onto a quiet patio. Eat-in kitchen with great natural light, tile floors, dishwasher, stove and refrigerator. Half bath downstairs. Upstairs has 2 large bedrooms flooded with natural light and good closet space. Full bath upstairs. Washer & dryer are included. On the bus lines. Close to campus.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1.5
    Heating
    • Forced air, Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,092 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    Lot
    • Size: 1,306 Square Feet
    Details
    • Parcel number: 9789325864

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Shake / Shingle
    Condition
    • Year built: 1983

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $90 monthly
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $247/sqft
    • Tax assessed value: $276,000
    • Annual tax amount: $3,751

    Price history

    DateEventPrice
    9/4/2025Sold$270,000+46%$247/sqft
    Source: Public Record Report a problem
    7/23/2020Sold$184,900+27.5%$169/sqft
    Source: Doorify MLS #2323580 Report a problem
    8/13/2018Sold$145,000+13.4%$133/sqft
    Source: Doorify MLS #2201379 Report a problem
    7/3/2018Listing removed$975$1/sqft
    Source: Coulter Property Managment Report a problem
    6/5/2018Listed for rent$975+5.4%$1/sqft
    Source: Zillow Rental Manager Report a problem
    6/2/2017Sold$127,900-1.5%$117/sqft
    Source: Doorify MLS #2124301 Report a problem
    5/22/2017Listing removed$925$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/2/2017Listed for rent$925$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/16/2009Listing removed$129,900$119/sqft
    Source: Coldwell Banker** #1637028 Report a problem
    1/18/2009Price change$129,900-3.7%$119/sqft
    Source: Coldwell Banker** #1637028 Report a problem
    12/9/2008Listed for sale$134,900+11.5%$124/sqft
    Source: Coldwell Banker** #1637028 Report a problem
    8/29/2007Sold$121,000+24.1%$111/sqft
    Source: Public Record Report a problem
    6/20/2002Sold$97,500$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,751 +39.9%$276,000 +83.3%
    2024$2,682 +2.6%$150,600
    2023$2,614 +4.1%$150,600
    2022$2,510 +1.2%$150,600
    2021$2,479 +7.6%$150,600 +15.3%
    2020$2,304 $130,600
    2018$2,304 $130,600
    2017-- $130,600 +2%
    2016$2,209 $128,021
    2015$2,209 +2.7%$128,021
    2014$2,151 $128,021
    2013-- $128,021
    2012-- $128,021
    2011-- $128,021
    2010-- $128,021
    2009-- $128,021 +32.6%
    2008-- $96,561
    2007$1,558 +4.2%$96,561
    2006$1,495 $96,561
    2005$1,495 +8.1%$96,561 +15.5%
    2004$1,384 +3.6%$83,605
    2003$1,336 $83,605
    2002-- $83,605
    2001$1,263 +18.3%$83,605 +35.2%
    2000$1,068 $61,856
    Find assessor info on the county website

    Neighborhood: 27516

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $272,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $272,100