tomo logo

$749,000

Beds
3
Baths
1.5
sq ft
1,630

6870 Us 15-501 N, Pittsboro, NC 27312

6870 Us 15-501 N

Pittsboro, NC 27312

  • 233 days on market
Investor Alert! 13.9 acres along the 15 501 corridor North of Chatham Park, and East of Chapel Hill. Property includes a 1963 currently occupied Brick Ranch 3 bed 1.5 bath home being sold AS IS, the Value is in the land! Approx 4.5 acres is buildable above the flood plain. There is a septic system on the property for the ranch, along with an additional perksite for future 3 bed construction. Karen Calhoun road shows up on survey as ''Abandoned Road Bed''. Easement for gas line on lot 2.

Details

Property type

Single Family Residence

Est. home value

$391,334

Property condition

Fixer

Lot size

13.93 acres

Price per sq ft

$460

Year built

1963

Annual property taxes

$2,571.28

Price History

05/06/2024
TriangleMLS

TriangleMLS #10027478

Listed
$749,000
+265.37%
02/15/2017
TriangleMLS

TriangleMLS #2056406

Sold
$205,000

Schools & Community

Elementary school: 

Chatham - Perry Harrison

Middle school: 

Chatham - Margaret B Pollard

High school: 

Chatham - Seaforth

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

$519,329
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$169,751
Cash to seller
$519,329

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2020

Original loan amount

$187,000

Est. remaining balance

$169,751

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Christopher Courtney and Margie Courtney

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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135 Weatherbend, Pittsboro, NC 27312

Status: Active

Tomo last checked: 12/25/2024 at 12:55 AM

Listing updated: 12/18/2024 at 1:54 PM

Listed by: Julie Cummins, Chatham Homes Realty Phone #: (919) 545-2333

MLS: TriangleMLS #10027478

TriangleMLS logo

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