tomo logo

$624,000

Beds
4
Baths
2.5
sq ft
1,810

107 Fairfield Court, Chapel Hill, NC 27516

107 Fairfield Court

Chapel Hill, NC 27516

  • 62 days on market
    • Price drop $15,000↓
4-bedroom house in popular Fairoaks! Welcome home to this amazing two-story in a wonderful neighborhood. Located in a quiet cul-de-sac, this property features views of Bolin Forest, a fenced-in back yard that is flat and grassy, and flower/vegetable gardens. Come experience all this lovingly maintained home has to offer - generously sized rooms, HVAC replacement 2022, fresh paint throughout the interior, granite counters, stainless steel appliances. This home is walking distance to MLK Park and local schools, a short bike ride to all that Carrboro has to offer.

Details

Property type

Single Family Residence

Est. home value

$571,444

Lot size

8,712 sq ft

Price per sq ft

$345

Year built

1990

Annual property taxes

$5,840

Monthly HOA fee

$25

Price History

09/16/2024
TriangleMLS

TriangleMLS #10041950

Price change
$624,000
-2.35%
08/15/2024
TriangleMLS

TriangleMLS #10041950

Price change
$639,000
-0.16%
07/18/2024
TriangleMLS

TriangleMLS #10041950

Listed
$640,000
+128.57%

Schools & Community

Elementary school: 

CH/Carrboro - McDougle

Middle school: 

CH/Carrboro - McDougle

High school: 

CH/Carrboro - 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

$405,607
Asking price
$624,000
Closing costs (~8% of asking)
-$49,920
Est. remaining loan balance
-$168,473
Cash to seller
$405,607

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

September 2016

Original loan amount

$247,500

Est. remaining balance

$168,473

Interest rate

3.48%

Loan type

New Conventional, 20 year

Seller

William C Schrader Iii and Patricia Andrade

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 6:10 AM

Listing updated: 09/16/2024 at 7:19 PM

Listed by: John Crncic, West End Real Estate Group Phone #: (919) 625-7806

MLS: TriangleMLS #10041950

TriangleMLS logo

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