tomo logo

$425,000

Beds
3
Baths
2.5
sq ft
1,706

649 Mcadams Road, Hillsborough, NC 27278

649 Mcadams Road

Hillsborough, NC 27278

  • 75 days on market
    • Price drop $35,000↓
Charming 3-Bed, 2.5-Bath Home in Downtown Hillsborough, NC This beautifully updated 3-bedroom, 2.5-bathroom home is located in the heart of historic downtown Hillsborough, within walking distance to shops and dining. Features include an open living area, a modern kitchen with stainless steel appliances, a spacious master suite with an en-suite bath, and a cozy front porch. Enjoy easy access to local parks and the vibrant downtown scene. Perfect for those seeking a blend of comfort and convenience! Preferred lender is offering a 1% lender credit.

Details

Property type

Single Family Residence

Est. home value

$479,444

Lot size

0.25 acres

Price per sq ft

$250

Year built

2021

Annual property taxes

$4,952

Price History

03/03/2025
TriangleMLS

TriangleMLS #10071623

Price change
$425,000
-7.61%
02/17/2025
TriangleMLS

TriangleMLS #10071623

Price change
$460,000
-1.08%
01/17/2025
TriangleMLS

TriangleMLS #10071623

Listed
$465,000
-3.12%

Schools & Community

Elementary school: 

Orange - River Park

Middle school: 

Orange - Orange

High school: 

Orange - Orange

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

$49,347
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$341,653
Cash to seller
$49,347

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

October 2021

Original loan amount

$369,550

Est. remaining balance

$341,653

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Bailey Dunn Phillips and Sarah Nicole Dunn Phillips

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: 04/03/2025 at 4:35 PM

Listing updated: 03/12/2025 at 5:00 PM

Listed by: Christy Marie Donaldson, Keller Williams Central Phone #: (336) 227-4433

MLS: TriangleMLS #10071623

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