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$550,000

Beds
4
Baths
3.5
sq ft
2,776

24 Balfour Run, Chapel Hill, NC 27516

24 Balfour Run

Chapel Hill, NC 27516

  • 63 days on market
    • Price drop $25,000↓
Motivated Sellers! $25,000 PRICE REDUCTION! Where can you find this square footage in almost new condition?? This rare 4-bedroom townhouse is now available and offers an exceptional living experience in a highly sought-after Briar Chapel. Perfect for multi-generational living with space for everyone. This is a stylish home that perfectly balances comfort and convenience. Generous Space: Enjoy the luxury of four well-appointed bedrooms, providing ample room for family, guests, or a home office. The 3rd floor can easily be a teen suite, playroom, office, etc. Modern Design: Contemporary finishes and an open floor plan create a welcoming atmosphere ideal for entertaining and everyday living. Gourmet Kitchen: A chef's delight with high-end appliances, granite countertops, ample cabinetry and a large pantry. Luxurious Primary Suite: A private retreat featuring a large walk-in closet and an en-suite bathroom with dual vanities and a stunning, large shower. Community Amenities: Take advantage of all that Briar Chapel has to offer. It is quite the package with resort-style amenities! There are 20 community parks & 20 miles of trails. in addition to a pool & tennis. The patio overlooks a natural area. Jordan Lake is only 10 minutes away for all kinds of boating activities. This 4-bedroom townhouse is a unique find in today's market. Its blend of space, modern design, and prime location makes it an exceptional opportunity. Whether you're looking for a family home or a versatile space for work and play, this townhouse meets all your needs. The refrigerator, washer and dryer convey.

Details

Property type

Townhouse

Est. home value

$531,974

Lot size

2,613.6 sq ft

Price per sq ft

$199

Year built

2022

Annual property taxes

$3,787.73

Monthly HOA fee

$150

Price History

09/25/2024
TriangleMLS

TriangleMLS #10052129

Price change
$550,000
-4.35%
09/12/2024
TriangleMLS

TriangleMLS #10052129

Listed
$575,000
+12.77%
02/28/2023
TriangleMLS

TriangleMLS #2472619

Sold
$509,900

Schools & Community

Elementary school: 

Chatham - Perry Harrison

Middle school: 

Chatham - Margaret B Pollard

High school: 

Chatham - Northwood

Community features: 

Pool, Clubhouse, Playground, Street Lights, Suburban, Tennis Court(s)

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

$131,091
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$374,909
Cash to seller
$131,091

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 Home Mortgage Corp

Loan start date

February 2023

Original loan amount

$382,425

Est. remaining balance

$374,909

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Andrea B Sutton and Robin A White

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: 11/14/2024 at 11:05 AM

Listing updated: 11/07/2024 at 11:30 AM

Listed by: Ann Matteson, Berkshire Hathaway HomeService Phone #: (919) 782-6641

MLS: TriangleMLS #10052129

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