tomo logo

$450,000

Beds
4
Baths
3.0
sq ft
1,981

427 Ridgefield Rd, Chapel Hill, NC 27517

427 Ridgefield Rd

Chapel Hill, NC 27517

  • <1 day on market
This is your opportunity to live close to the growing University Place in a lovely updated home! Excellent for a primary residence or to use as an investment home. Within walking distance to the UNC busline. Home was used as an Airbnb. The convenient location means lots of potential for short term or long term tenants. Do not miss the chance to view this home!

Details

Property type

Single Family Residence

Est. home value

$375,895

Lot size

0.26 acres

Price per sq ft

$228

Year built

1957

Annual property taxes

$3,867.17

Price History

11/04/2024
TriangleMLS

TriangleMLS #10061732

Listed
$450,000
+38.46%
02/23/2023
TriangleMLS

TriangleMLS #2477699

Sold
$325,000
+35.42%
11/07/2018
TriangleMLS

TriangleMLS #2216309

Sold
$240,000

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

$159,399
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$254,601
Cash to seller
$159,399

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

February 2023

Original loan amount

$260,000

Est. remaining balance

$254,601

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Ryan Amos

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: 11/05/2024 at 5:35 AM

Listing updated: 11/04/2024 at 7:31 PM

Listed by: Christopher Sean Clayton, Navigate Realty Phone #: (910) 707-4321

MLS: TriangleMLS #10061732

TriangleMLS logo

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