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$650,000

Beds
5
Baths
4.0
sq ft
3,171

5309 Foxlair Road, Chapel Hill, NC 27516

5309 Foxlair Road

Chapel Hill, NC 27516

  • <1 day on market
Beautifully renovated home situated on over 5 acres of land with easy access to I-40. The home backs up to New Hope Creek and has a spacious fenced meadow on the property. The versatility of this split level provides ample space for entertaining and multiple design options. Open floor plan with spacious windows allowing natural light and views of the landscape. Main level of the primary home has 2 bedrooms with a hall bathroom plus master bedroom with en suite. Washer and dryer are conveniently located on this level with an additional washer/dryer on the lower level. Expansive deck off of main living room with stairs leading down to fenced outdoor living space furnished with a hot tub. Downstairs you will find a separate area that includes a complete kitchen, living area, one bedroom, and full size bathroom. There is a one bedroom/one bath apartment that has its own entrance and is completely separate from the main dwelling. The apartment also has its own private laundry. The brick home is in the flood plain and has flooded once in the last 28 years. Owner is offering all furnishings with home if interested.

Details

Property type

Single Family Residence

Est. home value

$682,443

Property condition

Updated/Remodeled

Lot size

5.06 acres

Price per sq ft

$205

Year built

1967

Annual property taxes

$3,994.91

HOA

Yes

Price History

10/09/2024
TriangleMLS

TriangleMLS #10057265

Listed
$650,000
+66.67%
05/05/2023
TriangleMLS

TriangleMLS #2505934

Sold
$390,000

Schools & Community

Elementary school: 

Orange - Central

Middle school: 

Orange - Orange

High school: 

Orange - Orange

Community features: 

Suburban

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

$76,416
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$521,584
Cash to seller
$76,416

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

December 2023

Original loan amount

$525,000

Est. remaining balance

$521,584

Interest rate

7.76%

Loan type

New Conventional, 30 year

Seller

Penelope Ocampo

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: 10/09/2024 at 4:25 PM

Listing updated: 10/09/2024 at 2:36 PM

Listed by: Susan H Ayers, HomeZu Phone #: (888) 875-4218

MLS: TriangleMLS #10057265

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