tomo logo

$310,000

Beds
2
Baths
2.5
sq ft
1,169

318 Standish Dr, Chapel Hill, NC 27517

318 Standish Dr

Chapel Hill, NC 27517

  • 33 days on market
Welcome to this charming townhome in the highly desirable Colony Lake neighborhood of Chapel Hill. This conveniently located home is just a few miles away from UNC and downtown Chapel Hill. The seller has spent the time, money and energy to update this home for today's buyers standards. The home features LVP flooring throughout, updated appliances and low maintenance living. You are welcomed by a large kitchen with an abundance of cabinetry and storage and a large living space with access to the private back patio. The upstairs features two private ensuites where each bedroom includes its own full bathroom. This is a wonderful opportunity for a first time home buyer, investor or anyone in between. Come see today! Seller is willing to offer an agreed upon credit for updates.

Details

Property type

Townhouse

Est. home value

$298,099

Lot size

1,306.8 sq ft

Price per sq ft

$266

Year built

1995

Annual property taxes

$3,082.18

Price History

10/11/2024
TriangleMLS

TriangleMLS #10057686

Listed
$310,000
+116.78%
09/16/2011
TriangleMLS

TriangleMLS #1784717

Sold
$143,000
-13.33%
06/28/2006
TriangleMLS

TriangleMLS #853948

Sold
$165,000
+36.93%

Schools & Community

Elementary school: 

CH/Carrboro - Ephesus

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

$143,896
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$141,304
Cash to seller
$143,896

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

Seller’s Loan History

Lender

Provident Funding Associates Lp

Loan start date

March 2022

Original loan amount

$183,750

Est. remaining balance

$141,304

Interest rate

2.93%

Loan type

New Conventional, 10 year

Seller

Lei Ying

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?

Similar Homes Nearby

Price drop
TriangleMLS
$289,000
2 bd
|
2.5 ba
|
1,326 sq ft
|
Townhouse

3224 Coachmans Way, Durham, NC 27705

Price drop
TriangleMLS
$317,000
2 bd
|
2.5 ba
|
1,337 sq ft
|
Townhouse

202 Standish Dr, Chapel Hill, NC 27517

A home in Durham
Price drop
TriangleMLS
$299,000
2 bd
|
2.5 ba
|
1,287 sq ft
|
Townhouse

3111 Coachmans Way, Durham, NC 27705

Status: Active

Tomo last checked: 11/13/2024 at 10:15 PM

Listing updated: 11/03/2024 at 7:00 AM

Listed by: Charlie Jaeckels, Redfin Corporation Phone #: (919) 816-5981

MLS: TriangleMLS #10057686

TriangleMLS logo

Recently listed in Chapel Hill