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$945,000

Beds
3
Baths
2.5
sq ft
2,858

2008 Ridgewood Road, Chapel Hill, NC 27516

2008 Ridgewood Road

Chapel Hill, NC 27516

  • 143 days on market
    • Price drop $11,000↓
Resplendent Ridgewood On Golden Pond. This happy hideaway, on approximately four acres of wooded wonderland, is a peaceful, pastoral drive less than ten minutes to downtown Carrboro and Chapel Hill. What could be better? Pond therapy enjoyed from an impeccably designed and renovated passive solar home defined by airy modern lines. With cool and relevant architecture by locally revered architect Giles Blunden, this 1980 abode was stylishly updated in 2022-2023. The result is a dynamic and current cohesion between the exterior, interior, and natural environment. At once low-key and luxurious, dark cedar siding; a silver metal roof; zen walled-entrance courtyard; soaring ceilings; tiled and wood-paneled walls; artful abundant windows including clerestory and sliding glass; and the streamlined wood and metal staircase are hallmark architectural features of the smart design. The 2022-2023 roster of alterations, crafted with keen attention to detail, include a complete overhaul of the interior featuring a sophisticated palette of fine materials inspiring a light and bright ambiance. Soft, clean, and bold neutrals like blonde hardwoods and pine; custom kitchen cabinetry; Storm Gold quartz kitchen countertops with waterfall; stainless appliances and custom hood; sleek ceramic tile baths; statement designer lighting; crisp white walls; a lively metallic mix of bath fittings; and warm-wood furniture-style cabinets are as youthful and enduring as a fresh breeze. The open kitchen, dining, and great room flowing onto the screen porch and deck overlooking the winsome water elevate everyday living. One-level living is possible with the main level primary suite opening onto a private partially covered terrace with pond view. Spacious upstairs living spaces invite flexibility with panache. The recreation room offers second level and separate stair from the garage access. Welcome to the hottest dining scene in town - counter culture in the kitchen, the dining room's lofty heights or out-and-out tranquility alfresco on the deck or screen porch. Then venture down to the pond-side fire pit for after-dinner conversation, spirits, and s'mores. Only a couple years old: shingle roof, screened porch, deck, HVAC, wiring, plumbing, water heater, doors, windows, all new kitchen and bathrooms, lighting, septic tank, well pump, and dock. The prevailing mood is calm, cultivated and simply sublime. Rah-rah for Ridgewood.

Details

Property type

Single Family Residence

Est. home value

$875,852

Property condition

Updated/Remodeled

Lot size

4.04 acres

Price per sq ft

$331

Year built

1980

Annual property taxes

$7,091.42

Price History

10/28/2024
TriangleMLS

TriangleMLS #10044958

Price change
$945,000
-1.15%
08/02/2024
TriangleMLS

TriangleMLS #10044958

Listed
$956,000
+3.35%
05/25/2023
TriangleMLS

TriangleMLS #2504291

Sold
$925,000

Schools & Community

Elementary school: 

CH/Carrboro - Northside

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

$157,044
Asking price
$945,000
Closing costs (~8% of asking)
-$75,600
Est. remaining loan balance
-$712,356
Cash to seller
$157,044

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$726,000

Est. remaining balance

$712,356

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Jason Weir Smith and Robyn Ashly Erkelens

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: 12/24/2024 at 11:20 AM

Listing updated: 12/18/2024 at 1:54 PM

Listed by: Erika Buchholtz, Berkshire Hathaway HomeService Phone #: (919) 929-7100

MLS: TriangleMLS #10044958

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