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$445,000

Beds
4
Baths
3.0
sq ft
1,850

527 Cornelius Street, Hillsborough, NC 27278

527 Cornelius Street

Hillsborough, NC 27278

  • 9 days on market
Investors only. Completely Renovated from Ground Up. Property zoning is General Commercial so the potentials are numerous. Within minutes of all Hillsborough has to offer. 10 minutes from DT Durham. 17 minutes from Chapel Hill. This property will require an investor to complete the work (about 10K worth) in order to obtain the Certificate of Occupancy. High appraisal value received in 3Q 2024 Potential to sub-divide *CASH ONLY!!!

Details

Property type

Single Family Residence

Est. home value

$265,825

Property condition

Under Construction

Lot size

0.86 acres

Price per sq ft

$241

Year built

1952

Annual property taxes

$5,650

Price History

02/14/2025
TriangleMLS

TriangleMLS #10076493

Price change
$445,000
+2.3%
02/14/2025
TriangleMLS

TriangleMLS #10076493

Listed
$435,000
+180.65%
09/22/2022
TriangleMLS

TriangleMLS #2443851

Sold
$155,000

Schools & Community

Elementary school: 

Orange - Hillsborough

Middle school: 

Orange - Orange

High school: 

Orange - Orange

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

Oakwood Lending Llc

Loan start date

September 2022

Original loan amount

$280,000

Est. remaining balance

Not provided

Interest rate

4.99%

Loan type

Commercial

Seller

Kyeskat Smith Llc

Lender

Seann Properties Llc

Loan start date

September 2022

Original loan amount

$30,000

Est. remaining balance

$0

Interest rate

4.99%

Loan type

Not Provided, 0 year

Seller

Kyeskat Smith Llc

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: 02/23/2025 at 3:05 PM

Listing updated: 02/18/2025 at 10:01 AM

Listed by: Mark Pelshak, KyesKat Smith, LLC Phone #: (919) 627-8087

MLS: TriangleMLS #10076493

TriangleMLS logo

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