tomo logo

$699,000

Beds
3
Baths
3.0
sq ft
1,722

1609 Old Oxford Rd, Chapel Hill, NC 27514

1609 Old Oxford Rd

Chapel Hill, NC 27514

  • 60 days on market
    • Price drop $40,000↓
Welcome to 1609 Old Oxford Rd, a charming bi-level residence perched on a hill with serene views of a beautiful wooded area in the heart of Chapel Hill. This unique property offers 3 bedrooms and 3 bathrooms, featuring a blend of classic charm and modern updates. The main level showcases original hardwood flooring, updated countertops, and new appliances, all set against the backdrop of a freshly painted interior and exterior. The home also boasts a new roof installed in 2020, making it truly move-in ready. Step out onto the beautiful deck, an ideal spot to unwind and enjoy the natural surroundings. The lower level, with its own private entrance, offers versatile living options. It includes a full kitchen, bathroom, laundry facility, and outdoor area, perfect for additional living space or as an income-generating rental unit. Located just off E. Franklin Street, this home provides easy access to Eastwood Lake amenities and all the conveniences of nearby shops, restaurants, and daily necessities. The charm of this property is truly special, and it's a must-see for anyone seeking a distinctive home in Chapel Hill.

Details

Property type

Single Family Residence

Est. home value

$530,970

Lot size

0.41 acres

Price per sq ft

$406

Year built

1974

Annual property taxes

$6,342.37

Price History

09/26/2024
TriangleMLS

TriangleMLS #10051190

Price change
$699,000
-5.41%
09/06/2024
TriangleMLS

TriangleMLS #10051190

Listed
$739,000
-1.47%
08/27/2024
TriangleMLS

TriangleMLS #10040575

Removed
$749,999

Schools & Community

Elementary school: 

CH/Carrboro - Estes Hills

Middle school: 

CH/Carrboro - Guy Phillips

High school: 

CH/Carrboro - East Chapel Hill

Seller’s Loan History

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

Lender

American Financial Network Inc

Loan start date

January 2020

Original loan amount

$269,000

Est. remaining balance

$243,494

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Phyllis Badesch and Scott Badesch

Lender

American Financial Network Inc

Loan start date

August 2018

Original loan amount

$266,400

Est. remaining balance

$236,634

Interest rate

4.52%

Loan type

New Conventional, 30 year

Seller

Phyllis Badesch and Scott Badesch

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: 11/05/2024 at 7:15 PM

Listing updated: 10/27/2024 at 6:01 AM

Listed by: Marinus C Leach, LPT Realty, LLC Phone #: (919) 376-7193

MLS: TriangleMLS #10051190

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