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$690,000

Beds
4
Baths
3.0
sq ft
2,497

1500 Allen Lane, Hillsborough, NC 27278

1500 Allen Lane

Hillsborough, NC 27278

  • 13 days on market
    • Open house Apr 05
A Private Retreat Just Minutes from Downtown Hillsborough off Palmers Grove Church Road. Tucked away on five serene, wooded acres, this stunning all-brick home offers a rare combination of privacy and convenience—just 4 miles from downtown Hillsborough with easy access to I-85. Whether you're looking for a peaceful escape or a home base near all the essentials, this property delivers. Step inside to discover a thoughtfully designed layout, featuring a first-floor primary suite—a true sanctuary with tranquil views. With four bedrooms, two full baths, and two half baths, plus a bonus room over the garage, there's space for everyone. The elegant formal dining room and inviting eat-in breakfast area provide the perfect settings for gathering with family and friends. One of the home's standout features is the bright and airy sunroom—a space filled with natural light, ideal for unwinding while taking in the peaceful surroundings. Recent updates, including a new roof and heat pump (2023), ensure both comfort and peace of mind. Outside, nature lovers will appreciate the secluded setting, the gentle creek that runs along the back of the property, and the freedom of no HOA—bring your vision to life with gardens, chickens, or simply enjoy the wide-open space and abundant wildlife. This is more than a home—it's a retreat. Don't miss this unique opportunity to own a private oasis just minutes from town.

Details

Property type

Single Family Residence

Est. home value

$642,206

Lot size

5.21 acres

Price per sq ft

$277

Year built

1997

Annual property taxes

$3,582.66

Price History

03/20/2025
TriangleMLS

TriangleMLS #10083609

Listed
$690,000
+7.81%
07/26/2023
TriangleMLS

TriangleMLS #2516612

Sold
$640,000
+124.56%
08/08/2013
TriangleMLS

TriangleMLS #1890059

Sold
$285,000
+7.14%

Schools & Community

Elementary school: 

Orange - River Park

Middle school: 

Orange - Orange

High school: 

Orange - Orange

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

$132,034
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$502,766
Cash to seller
$132,034

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

July 2023

Original loan amount

$512,000

Est. remaining balance

$502,766

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Dylan Wilson and Savannah Smith

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: Active

Tomo last checked: 04/02/2025 at 10:40 PM

Listing updated: 04/01/2025 at 4:12 PM

Listed by: Bethany Dawn Smith, Compass -- Chapel Hill - Durham Phone #: (919) 999-8482

MLS: TriangleMLS #10083609

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