tomo logo

$549,000

Beds
5
Baths
3.0
sq ft
2,013

532 Lena Cir, Chapel Hill, NC 27516

532 Lena Cir

Chapel Hill, NC 27516

  • 110 days on market
    • Price drop $11,000↓
Seller is offering $5,000 in closing costs! Experience the good fortune of living in this inviting Burch Kove home where every feature has been thoughtfully designed. The current owners have transformed the backyard into a peaceful garden oasis, perfect for growing veggies and herbs. This small-space garden is fully set up and requires no special skills - an effortless way to cultivate abundance in your own home. The home itself has been meticulously maintained, with fresh paint and professional cleaning, ensuring it is ready to welcome you with good energy. Thoughtful upgrades, like enhanced storage and organization throughout, make living here both comfortable and efficient. The kitchen, featuring beautiful granite countertops and stainless-steel appliances (yes, the fridge stays!), is not only functional but also brings a sense of elegance and luxury to your cooking experience. The open floor plan invites seamless gatherings with family and friends, while the cozy fireplace offers warmth for quiet, peaceful evenings. Upstairs, you'll find four spacious bedrooms, including a private en suite primary, providing a restful retreat for all. The flexible space downstairs, complete with a full bath, offers options for a guest room, study, or main-level living—catering to every stage of life. With the laundry room conveniently located upstairs and the garage equipped with clever storage solutions, this home is designed to keep everything in its place, promoting order and peace of mind. The Burch Kove community offers enriching amenities such as a pool, playground, and shaded dog park—perfect for enjoying the balance of work and leisure. Nearby Homestead Park provides even more opportunities for recreation and an active lifestyle, including an indoor pool, skate park, and scenic walking trails. Not only is the home located in the sought-after Chapel Hill-Carrboro school district, its close proximity to Seymour Senior Center and UNC, and easy access to I-40 and Hillsborough, make this home perfectly positioned for both convenience and opportunity. Don't miss your chance to make this bright, lovingly cared-for end unit your own—a home filled with endless possibilities!

Details

Property type

Townhouse

Est. home value

$517,553

Lot size

3,049.2 sq ft

Price per sq ft

$273

Year built

2015

Annual property taxes

$5,307.12

Monthly HOA fee

$220

Price History

11/03/2024
TriangleMLS

TriangleMLS #10056648

Price change
$549,000
-1.96%
10/04/2024
TriangleMLS

TriangleMLS #10056648

Listed
$560,000
+56.42%
06/19/2019
TriangleMLS

TriangleMLS #2248212

Sold
$358,000

Schools & Community

Elementary school: 

CH/Carrboro - Seawell

Middle school: 

CH/Carrboro - Smith

High school: 

CH/Carrboro - Chapel Hill

Community features: 

Clubhouse, Playground, Pool, Sidewalks, 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

$216,635
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$288,445
Cash to seller
$216,635

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2019

Original loan amount

$322,200

Est. remaining balance

$288,445

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Zhen Fang and Xiaohui Jin

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: 01/23/2025 at 2:45 PM

Listing updated: 01/21/2025 at 10:05 AM

Listed by: Debbie Everly, Coldwell Banker Advantage Phone #: (919) 967-6363

MLS: TriangleMLS #10056648

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