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$1,116,123Estimated home value

Beds
3
Baths
3.0
sq ft
2,583

1601 Dairyland Road, Chapel Hill, NC 27516

1601 Dairyland Road

Chapel Hill, NC 27516

  • Sold On 3/15/2022
Stunning 9 acre property-not to be missed. Quality custom build. One level living. Light & bright. Smart easy living floor plan: work from home, entertain, & everything in between. Backs up to Morgan Creek. Horses allowed. Magnificent show stopping 500 sq ft screen porch! Huge level backyard. Lots of parking & room to turn around. Super private & peaceful yet close to schools, UNC/Duke, I-40, shopping, parks & trails. So much attention to detail - take it all in and make it your own. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$1,116,123

Lot size

9.0 acres

Price per sq ft

$306

Year built

2005

Annual property taxes

$4,591

Price History

02/28/2025
TriangleMLS

TriangleMLS #10062763

Removed
$1,079,000
11/10/2024
TriangleMLS

TriangleMLS #10062763

Listed
$1,079,000
-1.01%
11/02/2024
TriangleMLS

TriangleMLS #10027283

Removed
$1,090,000

Schools & Community

Elementary school: 

CH/Carrboro - Morris Grove

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

-$102,134
Asking price
$789,000
Closing costs (~8% of asking)
-$63,120
Est. remaining loan balance
-$828,014
Cash to seller
-$102,134

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

March 2022

Original loan amount

$880,000

Est. remaining balance

$828,014

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Kalyan Reddy and Diana M Reddy

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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Sold
TriangleMLS
$235,000
- bd
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Land/Lot

135 Gary Rd, Carrboro, NC 27510

Status: Off Market

Tomo last checked: 04/04/2025 at 5:15 AM

Listing updated: 02/25/2025 at 1:50 PM

Listed by: Isabelle Apel, Compass -- Chapel Hill - Durham Phone #: (919) 999-8482

MLS: TriangleMLS #2430711

TriangleMLS logo

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