Google street view image for 295 Cedar Terrace Rd Unit B, Chapel Hill, NC 27516

Off market sep 2003 for $130K

$384,985

Est. refi paymentEst. refi $880/mo

•

— ba

•

1,740

sq ft

295 Cedar Terrace Rd Unit B, Chapel Hill, NC 27516

About this home

295 Cedar Terrace Rd Unit B is a 1,740 square foot multi-family home on a 0.97 acre lot with 4 bedrooms. - it last sold on September 15, 2003 for $130,000. Based on Redfin's Chapel Hill data, we estimate the home's value is $384,985.

Multi-familyProperty Type

1984Year Built

0.97 acresLot Size

$221Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$384,985

$255K since sold in September 2003$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.7% lower than the average sale price ($441K) of 6 comparable homes.

SOLD JUL 28, 2026
$457,700
A
3 beds2 baths1,532 sq ft
804 Highland Trl, Chapel Hill, NC 27516
SOLD JUL 16, 2026
$465,000
B
4 beds2.5 baths2,030 sq ft
15 Abbey Rd, Chapel Hill, NC 27516
SOLD JUL 29, 2026
$405,000
C
4 beds2 baths1,577 sq ft
125 Lady Bug Ln, Chapel Hill, NC 27516
SOLD AUG 7, 2026
$560,000
D
4 beds3 baths2,014 sq ft
304 Brandywine Rd, Chapel Hill, NC 27516
SOLD SEP 23, 2026
$450,000
E
3 beds2 baths1,374 sq ft
207 Holly Rdg, Chapel Hill, NC 27516
SOLD DEC 19, 2025
$307,000
F
4 beds2 baths1,512 sq ft
1705 Smith Level Rd, Chapel Hill, NC 27516

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Earn from this home

Sell

$324,802

Est. take-home

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Refinance

Est. cash available

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Market trends in 27516, NC

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

0.1% MoM

Median sale price

$657K

$9K MoM

Avg. days on market

44d

8 days MoM

Recently sold homes

164

18 MoM

New listings for sale

NEW 26 MINS AGO
$549,000
2 beds2 baths1,895 sq ft
6426 Heartwood Dr, Chapel Hill, NC 27516
NEW 10 HRS AGO
$800,000
3 beds2 baths1,966 sq ft
268 Box Turtle Trl, Chapel Hill, NC 27516
NEW 21 HRS AGO
$295,000
3 beds1.5 baths1,558 sq ft
69 Fernwood Ln, Chapel Hill, NC 27516
OPEN SUN, 1PM TO 3PM
$570,000
4 beds3.5 baths3,434 sq ft
117 Towne Ridge Ln, Chapel Hill, NC 27516
OPEN SUN, 2PM TO 4PM
$975,000
5 beds3.5 baths5,857 sq ft
204 Woodleaf Dr, Chapel Hill, NC 27516
OPEN SUN, 1PM TO 3PM
$850,000
4 beds3.5 baths3,235 sq ft
209 Old Larkspur Way, Chapel Hill, NC 27516
NEW 29 HRS AGO
$900,000
4 beds3 baths2,805 sq ft
116 The Holw, Chapel Hill, NC 27516
OPEN SUN, 1PM TO 3PM
$680,000
4 beds2.5 baths2,211 sq ft
202 Cobble Ridge Dr, Chapel Hill, NC 27516
$257,500
2 beds1.5 baths1,009 sq ft
112 Poplar St, Chapel Hill, NC 27516
OPEN SUN, 2PM TO 4PM
$595,000
4 beds2.5 baths2,365 sq ft
117 Henry Ct, Chapel Hill, NC 27516
See all

Provided by Redfin

Sale history for 295 Cedar Terrace Rd Unit B

Year

Property tax

Land + Additions

Assessment*

2025

$2,492 (+16.3%)

$59,100 + $251,178

$310,278

2024

$2,143 (+4.3%)

$59,100 + $251,178

$310,278

2023

$2,055 (+4.6%)

$49,250 + $169,842

$219,092

2022

$1,965 (+1.1%)

$49,250 + $169,842

$219,092

2021

$1,944 (+38.2%)

$49,250 + $169,842

$219,092

2020

$1,407

$49,250 + $169,842

$219,092

2019

$1,407 (+4.9%)

$41,862 + $106,795

$148,657

2017

$1,341 (−0.5%)

$41,862 + $106,795

$148,657

2016

$1,348 (−1.7%)

$41,862 + $106,795

$148,657

2015

$1,372 (+1.7%)

$41,862 + $106,795

$148,657

2014

$1,349 (+4.3%)

$41,862 + $106,795

$148,657

2013

$1,293

$41,862 + $106,795

$148,657

2012

$1,293 (+2.6%)

$41,862 + $105,075

$146,937

2011

$1,261

$41,862 + $105,075

$146,937

Tax history for 295 Cedar Terrace Rd Unit B

Year

Property tax

Land + Additions

Assessment*

2025

$2,492 (+16.3%)

$59,100 + $251,178

$310,278

2024

$2,143 (+4.3%)

$59,100 + $251,178

$310,278

2023

$2,055 (+4.6%)

$49,250 + $169,842

$219,092

2022

$1,965 (+1.1%)

$49,250 + $169,842

$219,092

2021

$1,944 (+38.2%)

$49,250 + $169,842

$219,092

2020

$1,407

$49,250 + $169,842

$219,092

2019

$1,407 (+4.9%)

$41,862 + $106,795

$148,657

2017

$1,341 (−0.5%)

$41,862 + $106,795

$148,657

2016

$1,348 (−1.7%)

$41,862 + $106,795

$148,657

2015

$1,372 (+1.7%)

$41,862 + $106,795

$148,657

2014

$1,349 (+4.3%)

$41,862 + $106,795

$148,657

2013

$1,293

$41,862 + $106,795

$148,657

2012

$1,293 (+2.6%)

$41,862 + $105,075

$146,937

2011

$1,261

$41,862 + $105,075

$146,937

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-2

Residential District

Primarily for low density residential development to protect water supply watersheds

Property details

Interior

Heating & Cooling
Air Conditioning Type: Package
Heating Type: Package

Fireplace Information
Has Fireplace

Exterior

Exterior Information
Building Style Type: Duplex
Building Construction Quality: Average
Exterior Wall: Wood
Building Type: Multi-Plex

Property Information
Subdivision Name: CEDAR TERRACE
Living Sq. Ft: 1,740
Ground Floor Sq. Ft: 1,740
Building Sq. Ft: 1,740
# of Stories: 1
Stories Type: 1
Legal Description: M1-117-27

Lot Information
# of Buildings: 1
Land Sq. Ft: 42,253
Legal Lot Number: 27
Municipality Name: BALDWIN
Acres: 0.97
Zoning Code: R-2
County Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2025
Tax District County: NORTH CHATHAM

Public facts

Beds: 4
Baths: —
Sq. Ft.: 1,740
Stories: 1.0
Lot Size: 0.97 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1984
Year Renovated: 1984
County: Chatham County
APN: 0002198

Home facts updated by county records on Nov 14, 2025

Around this home

Schools

Chatham Grove Elementary

Public PreK-5 • Assigned • 2.8mi

5/10

Margaret B. Pollard Middle School

Public 6-8 • Assigned • 2.6mi

6/10

Seaforth High

Public 9-12 • Assigned • 8.3mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Chapel Hill, NC • 27516

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$366,000 – $443,000

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Home values near 295 Cedar Terrace Rd Unit B

Data from public records.

Address	Redfin Estimate
208 Cedar Terrace Rd Apt B, Chapel Hill, NC 4 Beds \| - Baths \| 1684 Sq. Ft.	$368,106
199 Cedar Terrace Rd Apt B, Chapel Hill, NC 4 Beds \| - Baths \| 1800 Sq. Ft.	$381,530

Address	Redfin Estimate
221 Cedar Terrace Rd Apt B, Chapel Hill, NC 4 Beds \| - Baths \| 1680 Sq. Ft.	$374,440
293 Cedar Terrace Rd Apt B, Chapel Hill, NC 4 Beds \| - Baths \| 1744 Sq. Ft.	$371,369

Address	Redfin Estimate
243 Cedar Terrace Rd Apt B, Chapel Hill, NC 4 Beds \| - Baths \| 1744 Sq. Ft.	$346,471
296 Cedar Terrace Rd Apt B, Chapel Hill, NC 4 Beds \| - Baths \| 1800 Sq. Ft.	$358,211

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27516, NC

Sale history for 295 Cedar Terrace Rd Unit B

Tax history for 295 Cedar Terrace Rd Unit B

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27516

Home values near 295 Cedar Terrace Rd Unit B

More real estate resources