tomo logo

$499,999

Beds
3
Baths
2.5
sq ft
1,742

649 Mcadams Road, Hillsborough, NC 27278

649 Mcadams Road

Hillsborough, NC 27278

  • 69 days on market
    • Price drop $19,001↓
This home should be titled Peaceful Proximity. 649 McAdams Road presents a rare opportunity to own a home that provides all the feelings of a modern yet charming retreat in Hillsborough. You'll immediately notice the quiet that normally comes with a home off the beaten path while also realizing you're so comfortably close to the convenience of modern amenities. This home also offers an open layout perfect for entertaining friends and family. Say hello to a wonderful blend of comfort, style, and natural beauty, not to mention the distance to places like Nomad, Weaver St. Market, or Whit's Frozen Custard.

Details

Property type

Single Family Residence

Est. home value

$479,444

Lot size

0.32 acres

Price per sq ft

$288

Year built

2021

Annual property taxes

$4,571.27

Price History

07/26/2024
TriangleMLS

TriangleMLS #10040595

Price change
$499,999
-3.66%
07/11/2024
TriangleMLS

TriangleMLS #10040595

Listed
$519,000
+33.42%
10/28/2021
TriangleMLS

TriangleMLS #2404423

Sold
$389,000

Schools & Community

Elementary school: 

Orange - River Park

Middle school: 

Orange - Orange

High school: 

Orange - Orange

Community features: 

Restaurant

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

$113,387
Asking price
$499,999
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$346,612
Cash to seller
$113,387

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

$346,612

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?

Similar Homes Nearby

Price drop
TriangleMLS
$460,000
3 bd
|
2.5 ba
|
1,909 sq ft
|
House

2305 Summit Drive, Hillsborough, NC 27278

Price drop
TriangleMLS
$475,000
3 bd
|
2.5 ba
|
1,794 sq ft
|
House

4215 Talcott Drive, Durham, NC 27705

TriangleMLS
$450,000
3 bd
|
2.5 ba
|
1,537 sq ft
|
House

4004 Ellisfield Drive, Durham, NC 27705

Status: Active

Tomo last checked: 09/19/2024 at 5:30 AM

Listing updated: 08/23/2024 at 9:34 AM

Listed by: Ryan Whitney, Raleigh Realty Inc. Phone #: (919) 249-8536

MLS: TriangleMLS #10040595

TriangleMLS logo

Recently listed in Hillsborough