tomo logo

$655,000

Beds
3
Baths
2.5
sq ft
1,715

8504 Old Nc 86, Chapel Hill, NC 27516

8504 Old Nc 86

Chapel Hill, NC 27516

  • 4 days on market
Do you like having the best of both worlds? At this incredibly unique Chapel Hill property, you can have your own large, private 1.54 acre lot with no restrictive covenants while also being connected to the well-established next door neighbor of Lake Hogan Farms. Your own private oasis with connectivity and walkability in your backyard. PLUS, this place LIVES LARGE - don't be deceived by the listed square footage. With several flex spaces (3-Season Room, Office/bonus space upstairs, Bonus Room above garage), you'll be surprised at how spacious it feels. There's so much to enjoy about this place: beautiful renovations, gorgeous yard, downstairs primary, soaking tub, conditioned attic eave storage, county taxes, Chapel Hill/Carrboro City Schools. And once the neighboring Jade Creek subdivision is complete, you'll be connected up by a greenway as well (see Documents for plans that also show all of the separation by trees and wetlands you'll enjoy between this property and Jade Creek).

Details

Property type

Single Family Residence

Est. home value

$546,745

Property condition

Updated/Remodeled

Lot size

1.54 acres

Price per sq ft

$382

Year built

1987

Annual property taxes

$3,652.15

Price History

03/28/2025
TriangleMLS

TriangleMLS #10085413

Listed
$655,000
+113.94%
08/31/2017
TriangleMLS

TriangleMLS #2135977

Sold
$306,159

Schools & Community

Elementary school: 

CH/Carrboro - Morris Grove

Middle school: 

CH/Carrboro - McDougle

High school: 

CH/Carrboro - Chapel Hill

Community features: 

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

$328,988
Asking price
$655,000
Closing costs (~8% of asking)
-$52,400
Est. remaining loan balance
-$273,612
Cash to seller
$328,988

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

Seller’s Loan History

Lender

Pentagon Fcu

Loan start date

April 2021

Original loan amount

$300,000

Est. remaining balance

$273,612

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Aja Martindale

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?

Status: Active

Tomo last checked: 04/01/2025 at 2:10 PM

Listing updated: 03/31/2025 at 4:11 AM

Listed by: Kelly Lowry, Nest Realty of the Triangle Phone #: (919) 493-8383

MLS: TriangleMLS #10085413

TriangleMLS logo

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