tomo logo

$250,000

Beds
2
Baths
1.0
sq ft
800

406 Ivy Drive, Hillsborough, NC 27278

406 Ivy Drive

Hillsborough, NC 27278

  • 9 days on market
Turn-key, move in ready! Well maintained house on a quiet street with a nice quarter acre lot! New HVAC! New hot water heater! New Granite countertops, stainless steel appliances, new vinyl flooring and beautifully refinished hardwood floors. Large multi-use room with entrance off back of house for washer/dryer and lots of storage; can be used as screened in porch. New detached shed built for tons of extra storage, and new gravel added in driveway. Close to the highly-desirable downtown Hillsborough with lots of restaurants and shops. Conveniently located for easy access to freeways.

Details

Property type

Single Family Residence

Est. home value

$181,024

Lot size

0.25 acres

Price per sq ft

$313

Year built

1953

Annual property taxes

$982

Price History

09/08/2024
TriangleMLS

TriangleMLS #10051457

Listed
$250,000
+42.86%
09/14/2022
TriangleMLS

TriangleMLS #2462984

Sold
$175,000

Schools & Community

Elementary school: 

Orange - River Park

Middle school: 

Orange - Orange

High school: 

Orange - Orange

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

$62,872
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$167,128
Cash to seller
$62,872

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2022

Original loan amount

$171,830

Est. remaining balance

$167,128

Interest rate

5.81%

Loan type

FHA, 30 year

Seller

Genaro Rodrigo Mancilla

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
$244,400
2 bd
|
2 ba
|
1,020 sq ft
|
House

425 Gaines Chapel Road, Efland, NC 27243

Pending
TriangleMLS
$225,000
2 bd
|
1 ba
|
924 sq ft
|
Condo

2109 Peppertree Street Unit B, Durham, NC 27705

Price drop
TriangleMLS
$230,000
5 bd
|
2 ba
|
2,069 sq ft
|
House

2319 NC-86, Hillsborough, NC 27278

Status: Active

Tomo last checked: 09/17/2024 at 10:45 PM

Listing updated: 09/08/2024 at 9:43 PM

Listed by: Lynn Parker, Haynes Properties Phone #: (919) 749-1208

MLS: TriangleMLS #10051457

TriangleMLS logo

Recently listed in Hillsborough