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$1,685,000

Beds
3
Baths
3.0
sq ft
3,375

214 Hillsborough St, Chapel Hill, NC 27514

214 Hillsborough St

Chapel Hill, NC 27514

  • <1 day on market
214 Hillsborough is a beautifully preserved home nestled on a premium lot in the Franklin-Rosemary Historic District of Chapel Hill. Showcasing timeless Colonial architecture, a style that has remained popular on the East Coast since the 1600s, this home seamlessly blends historic charm with modern convenience. Located in the Residential-2 zoning district, the property offers remarkable flexibility, allowing single- family with an accessory apartment, single-family with cottage, two-family attached, and two-family detached homes according to the Land Use Management Ordinance. The updated kitchen is a chef's dream, providing ample space for cooking and entertaining. The generously sized rooms, updated secondary baths, and stunning hardwood floors ensure a comfortable and elegant living experience. Additional highlights include a basement and attic for storage, generous parking, and a detached studio—ideal for exercise, creative projects, or generating rental income. This exceptional property is more than a home; it's an opportunity to enjoy a unique combination of beauty, functionality, and investment potential. A must-see!

Details

Property type

Single Family Residence

Est. home value

$1,424,846

Lot size

0.54 acres

Price per sq ft

$500

Year built

1926

Annual property taxes

$15,224

Price History

01/23/2025
TriangleMLS

TriangleMLS #10072268

Listed
$1,685,000
+34.8%
10/08/2021
TriangleMLS

TriangleMLS #2386718

Sold
$1,250,000
+35.14%
08/28/2019
TriangleMLS

TriangleMLS #2256615

Sold
$925,000

Schools & Community

Elementary school: 

CH/Carrboro - Northside

Middle school: 

CH/Carrboro - Guy Phillips

High school: 

CH/Carrboro - East 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

$624,782
Asking price
$1,685,000
Closing costs (~8% of asking)
-$134,800
Est. remaining loan balance
-$925,418
Cash to seller
$624,782

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

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

September 2021

Original loan amount

$1,000,000

Est. remaining balance

$925,418

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

James Gruden

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: 01/23/2025 at 12:25 PM

Listing updated: 01/23/2025 at 11:00 AM

Listed by: Mary R Hunter, Urban Durham Realty Phone #: (919) 237-3701

MLS: TriangleMLS #10072268

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