tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
1,172

116 Culbreth Cir, Chapel Hill, NC 27516

116 Culbreth Cir

Chapel Hill, NC 27516

  • Coming soon
    • Open house Jan 17
This beautifully renovated home in the heart of Chapel Hill's sought-after Culbreth Park neighborhood offers modern comfort and thoughtful updates throughout. It features 3 bedrooms and 2 fully updated bathrooms with tiled walls and floors, Kohler tubs, glass shower doors, chrome finishes, and new toilets. The custom kitchen is a chef's dream, boasting quartz countertops, soft-close cabinetry, built-in organizers, new appliances, a gas stove, and a sleek concrete island with bar stools. Smooth ceilings, dimmable modern lighting, and 5'' oak hardwood floors with fresh 6'' baseboards and custom molding flow throughout. Custom closets are thoughtfully designed to optimize storage and organization. Outdoor highlights include a refinished front porch, back deck, and under-deck storage. Updates include a vapor barrier, dehumidifier, hardboard and masonite siding with fresh paint, and an electric fireplace with a blower. TVs, washer, dryer, and an outdoor heater convey. Located near UNC, and Franklin Street's dining and entertainment, with free transportation at the entrance of the neighborhood. Additionally this home is within walking distance to Southern Village offering paved nature paths, parks and streams along the way. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$369,257

Lot size

8,276 sq ft

Price per sq ft

$448

Year built

1990

Annual property taxes

$3,684.31

HOA fee

$165

Price History

10/01/2018
TriangleMLS

TriangleMLS #2212949

Sold
$241,500

Schools & Community

Elementary school: 

Other

Middle school: 

Culbreth

High school: 

Carrboro

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

$300,774
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$182,226
Cash to seller
$300,774

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

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

September 2018

Original loan amount

$205,275

Est. remaining balance

$182,226

Interest rate

4.59%

Loan type

New Conventional, 30 year

Seller

Beverly D Reddinger

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?

Status: Coming Soon

Tomo last checked: 01/15/2025 at 1:35 PM

Listing updated: 01/15/2025 at 10:32 AM

Listed by: DK Real Estate Group, Keller Williams Pinehurst Phone #: (910) 684-4282

MLS: NorthCarolinaRegional #100483387

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