tomo logo

$685,000

Beds
3
Baths
2.0
sq ft
2,333

1705 Mcrae Place, Hillsborough, NC 27278

1705 Mcrae Place

Hillsborough, NC 27278

  • 11 days on market
Opportunity knocks! This elegant and quality built home sits on a beautiful cul de sac lot with tree views from the main living areas, expansive sunroom and primary bedroom. High ceilings and an open floor plan offer a delightful experience, while the open, renovated & custom kitchen allows for cozy family gatherings or gracious entertaining. Extensively modified with ADA compliant features in 2021. Neighborhood amenities (clubhouse, tennis courts and play structures just a block away), trails & pool means fun is at your doorstep. Minutes from the schools, downtown Hillsborough and grocery shopping equal a level of convenience that is hard to find. Welcome home.

Details

Property type

Single Family Residence

Est. home value

$592,008

Property condition

Updated/Remodeled

Lot size

0.49 acres

Price per sq ft

$294

Year built

2001

Annual property taxes

$3,563.1

Monthly HOA fee

$99

Price History

03/27/2025
TriangleMLS

TriangleMLS #10084002

Listed
$685,000
+73.42%
08/17/2020
TriangleMLS

TriangleMLS #2327617

Sold
$395,000
+20.15%
06/30/2014
TriangleMLS

TriangleMLS #1948217

Sold
$328,750
+31.55%

Schools & Community

Elementary school: 

Orange - River Park

Middle school: 

Orange - Orange

High school: 

Orange - Orange

Community features: 

Pool

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

$451,192
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$179,008
Cash to seller
$451,192

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2022

Original loan amount

$190,000

Est. remaining balance

$179,008

Interest rate

3.69%

Loan type

VA, 30 year

Seller

Mary Ellen Adams

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: 04/01/2025 at 10:25 PM

Listing updated: 03/28/2025 at 1:22 PM

Listed by: Jackie Tanner, Fonville Morisey Realty Phone #: (919) 942-4822

MLS: TriangleMLS #10084002

TriangleMLS logo

Recently listed in Hillsborough

$435,000|3 bd|2.5 ba|House
$264,900|3 bd|1.0 ba|House

Explore top cities in North Carolina