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$1,325,000

Beds
4
Baths
2.5
sq ft
2,984

505 North St, Chapel Hill, NC 27514

505 North St

Chapel Hill, NC 27514

  • 57 days on market
    • Price drop $75,000↓
The sweet spot of Chapel Hill! Actual walking distance to restaurants, the campus,Forest Theater, Battle Park. A newer yet traditional home newly polished with the recent addition of an elevator. There is a two car garage, plus another 431 sq ft heated not included in Heated Sq Ft as it is separate. Plenty of room for shop space, wine cellar, weight room, yoga studio, etc. There is off street parking as well as the garage. The Primary bedroom is on main level, along with wonderful office space/library (Google Fiber is at the house for work/study at home needs)great modern kitchen with granite countertops, formal dining room, welcoming living room and a screened porch overlooking a little vale leading (eventually)to Bolin Creek. Low maintenance well landscaped yard (no grass) with bluetooth controlled irrigation system and of course the requisite stone walls for a proper downtown Chapel Hill home. The huge fourth bedroom could serve as a rec room, craft or screening room. Great, great neighborhood with a twice yearly picnic, monthly floating pub, and really nice people.

Details

Property type

Single Family Residence

Est. home value

$1,038,370

Lot size

0.4 acres

Price per sq ft

$445

Year built

1986

Annual property taxes

$11,436.16

Price History

06/15/2024
TriangleMLS

TriangleMLS #10028835

Price change
$1,325,000
-5.36%
05/11/2024
TriangleMLS

TriangleMLS #10028835

Listed
$1,400,000

Schools & Community

Elementary school: 

CH/Carrboro - Northside

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

First Citizens Bank & Trust Co

Loan start date

March 2010

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

4.32%

Loan type

Credit Line (Revolving), 30 year

Seller

Jeffrey R Marcus and Jill Marcus

Lender

Suntrust Bank

Loan start date

January 2007

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

5.92%

Loan type

Credit Line (Revolving), 20 year

Seller

Jeffrey R Marcus

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: 07/07/2024 at 6:20 PM

Listing updated: 06/15/2024 at 5:03 PM

Listed by: Bill Bracey, Franklin Street Realty Phone #: (919) 929-7174

MLS: TriangleMLS #10028835

TriangleMLS logo

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