tomo logo

$595,950

Beds
4
Baths
3.0
sq ft
2,800

705 N Estes Dr, Chapel Hill, NC 27514

705 N Estes Dr

Chapel Hill, NC 27514

  • Pending
    • Price drop $34,050↓
Spacious 3 bedroom, 2 full bath ranch with 1 bedroom basement apartment located right in the heart of Chapel Hill. Great room living area on main level with sky lights, two sets of glass double doors lead to separate office and sunroom off great room with private views of wooded .64 acre lot. Kitchen w/ granite counter tops, cherry cabinets and gas range. Basement has kitchenette with W/D, living area, bedroom , full bath and private patio with interior and exterior access. Tankless water heater, whole house generator.

Details

Property type

Single Family Residence

Est. home value

$868,574

Property condition

Updated/Remodeled

Lot size

0.64 acres

Price per sq ft

$213

Year built

1985

Annual property taxes

$7,408.14

Price History

09/20/2024
TriangleMLS

TriangleMLS #10036902

Pending
$595,950
09/10/2024
TriangleMLS

TriangleMLS #10036902

Listed
$595,950
09/09/2024
TriangleMLS

TriangleMLS #10036902

Pending
$595,950

Schools & Community

Elementary school: 

CH/Carrboro - Estes Hills

Middle school: 

CH/Carrboro - Guy Phillips

High school: 

CH/Carrboro - East Chapel Hill

Community features: 

Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Finance Of America Reverse Llc

Loan start date

August 2021

Original loan amount

$757,500

Est. remaining balance

Not provided

Interest rate

1.46%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 72 year

Seller

Paul B Baker

Lender

Finance Of America Reverse Llc

Loan start date

August 2021

Original loan amount

$757,500

Est. remaining balance

Not provided

Interest rate

1.46%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 72 year

Seller

Paul B Baker

Lender

Rbc Bank Usa

Loan start date

March 2011

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.7%

Loan type

Credit Line (Revolving), 20 year

Seller

Paul B Baker

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: Pending/Under Contract

Tomo last checked: 10/05/2024 at 10:20 PM

Listing updated: 09/23/2024 at 8:40 AM

Listed by: Logan Carter, Fonville Morisey Realty Phone #: (919) 493-4434

MLS: TriangleMLS #10036902

TriangleMLS logo

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