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$1,550,000

Beds
4
Baths
4.5
sq ft
5,444

101 Palmyra Pl, Chapel Hill, NC 27514

101 Palmyra Pl

Chapel Hill, NC 27514

  • 22 days on market
Gorgeous 5400+ square foot estate nestled on a beautiful corner lot , this stunning 5-bedroom, 4.5-bath home at 101 Palmyra Place offers the perfect blend of modern living and southern charm. Located in a peaceful cul-de-sac, the property features an open floor plan with abundant natural light, gleaming hardwood floors, and multiple living and dining areas—ideal for both everyday living and entertaining. The gourmet kitchen boasts granite countertops, stainless steel appliances, and a large island. Upstairs, the primary suite provides a serene retreat with a luxurious en-suite bathroom, complete with dual vanities, a soaking tub, and a walk-in shower. The home also includes a versatile bonus room, a dedicated home office, and additional living spaces to accommodate every need. The third floor features an extra bedroom and full bathroom and living area creating the perfect opportunity for a private in-law suite. With 4.5 bathrooms and multiple living and dining areas, this home offers ample space for families and guests. The beautifully landscaped backyard, complete with a large deck, is perfect for outdoor dining and relaxation. Conveniently located near top-rated schools, parks, and shopping, and just minutes from downtown Chapel Hill and UNC, this home is a rare find in a highly sought-after neighborhood!

Details

Property type

Single Family Residence

Est. home value

$1,430,991

Lot size

0.51 acres

Price per sq ft

$285

Year built

1995

Annual property taxes

$13,218.04

Monthly HOA fee

$50

Price History

08/27/2024
TriangleMLS

TriangleMLS #10049208

Listed
$1,550,000
+6.9%
10/27/2023
TriangleMLS

TriangleMLS #2521500

Sold
$1,450,000

Schools & Community

Elementary school: 

CH/Carrboro - Ephesus

Middle school: 

CH/Carrboro - Guy Phillips

High school: 

CH/Carrboro - East Chapel Hill

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$314,759
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$1,111,241
Cash to seller
$314,759

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank-Fund Staff Fcu

Loan start date

October 2023

Original loan amount

$1,150,000

Est. remaining balance

$1,111,241

Interest rate

6.52%

Loan type

New Conventional, 15 year

Seller

Ahmed Saeed and Hananah Zaheer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 5:25 AM

Listing updated: 09/12/2024 at 12:00 PM

Listed by: Jordan Lee, Jordan Lee Real Estate Phone #: (919) 475-2944

MLS: TriangleMLS #10049208

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