tomo logo

$1,235,000

Beds
4
Baths
5.0
sq ft
4,032

471 Erwin Road, Durham, NC 27707

471 Erwin Road

Durham, NC 27707

  • 49 days on market
    • Price drop $15,000↓
Mid Century Modern in Chapel Hill Schools on nearly 5 acres! Thoughtfully designed to offer space AND options. The main level features an open floor plan with 3 bedrooms, each with their own full bath, kitchen with bar seating in addition to a separate dining room, a family room, and formal living room. Not enough? Downstairs you will find a 4th full bath, a large bonus room with endless possibilities and an even larger room for a private office, playroom, guest room, etc. The other half of the downstairs serves as a studio apartment with a private entrance. Complete with a 5th full bath, full kitchen, laundry, and separate climate control, this is perfect for any number of independent living scenarios. And more still, the designers included conditioned storage space. The 4.67 partially wooded acres provide a perfect playground, space for horses, goats, chickens (yes, the zoning allows them all), build a barn, a detached garage, put in a garden. The lot is large enough to have it ALL with the perfect space left over to add a pool just below the back deck. The rural setting is perfect for a restful retreat. The lot is expansive enough to create a whole other living experience. The open floor plan and 2 decks are ideal for entertaining. The lower level apartment creates a space for independent living. The Durham City, Orange County location gives access to Chapel Hill Schools WITHOUT Chapel Hill Taxes. 2.5 miles to East Chapel Hill High School. Minutes to downtown Durham OR Franklin Street in Chapel Hill. ''New'' is the recurring theme of this home. The listing photos include a pdf with the details of the extensive renovation. Mid century modern on nearly 5 acres in Chapel Hill City Schools. Fully Renovated. See Features Sheet for specifics. With 3 beds and 3 full baths upstairs this home has all you need on the main level. The downstairs includes a 3rd full bath with 2 more flex spaces for home office, bonus room, den, playroom, etc. A studio apartment offers private and independent living with its own entrance, heat/AC unit, and laundry. Large decks wrap the home for plenty of outdoor living space.

Details

Property type

Single Family Residence

Est. home value

$528,621

Property condition

Updated/Remodeled

Lot size

4.67 acres

Price per sq ft

$307

Year built

1969

Annual property taxes

$3,623

Price History

09/02/2024
TriangleMLS

TriangleMLS #10044164

Price change
$1,235,000
-1.2%
07/30/2024
TriangleMLS

TriangleMLS #10044164

Listed
$1,250,000

Schools & Community

Elementary school: 

CH/Carrboro - Estes Hills

Middle school: 

CH/Carrboro - Guy Phillips

High school: 

CH/Carrboro - East Chapel Hill

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Honey Johnson

Loan start date

July 2023

Original loan amount

$348,893

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Commercial, 1 year

Seller

Jl Wright Contracting Inc

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: 09/17/2024 at 10:30 PM

Listing updated: 09/09/2024 at 5:44 AM

Listed by: Michele Wright, Nest Realty of the Triangle Phone #: (919) 493-8383

MLS: TriangleMLS #10044164

TriangleMLS logo

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