NOT LISTED FOR SALE

5236 Margon Place Hillsborough, NC 27278

Estimated Value: $1,775,000 - $2,739,000

4 Beds
4.5 Baths
5,171 Sq Ft
$452/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $2,335,000 $452 Per Sq Ft

Current estimated payment $13,256/month

67 Days on Market

Highlights

  • Guest House
  • 10.5 Acre Lot
  • Secluded Lot
  • Cedar Ridge High Rated A-
  • Contemporary Architecture
  • Family Room with Fireplace

About This Home

As of July 2023

This magical, one-of-a-kind oasis is gracefully situated on 10+ acres just minutes south of charming Hillsborough. The stonewalls along the drive to the front door and the detached garage with port cochere provide a foretaste of the elegance and quality that abounds throughout. Once inside, the exposed beams, high ceilings, stone fireplaces, and copious windows create warmth and closeness with the natural surroundings. Hickory wood floors with walnut and cherry inlay and distinctive travertine add to the elegance. Notice the multiple outdoor features that accentuate what this property has to offer...covered front and back flagstone porches, multiple stone terraces and walls, exquisite koi pond, fire pit surrounded by stone seating, and a recreational bocce ball court. The carriage house sits ~300' to the south of the main house and includes 1000 sq ft apartment above a 4 bay garage. Two of the bays currently set up as an elaborate workshop. A 16 X 16 building is used for storage of equipment but could make great horse barn and horses are allowed at Margon Place.

Last Agent to Sell the Property

Alma Gaudette

Berkshire Hathaway HomeService License #173712 Listed on: 04/18/2023

Berkshire Hathaway HomeService

Last Buyer's Agent

Tiffany Elder

Paradigm Properties License #212237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,567

Year Built

  • Built in 2013

Lot Details

  • 10.5 Acre Lot
  • Lot Dimensions are 1687 x 339 x 180 x 108 x 1128 x 57 x 267
  • Cul-De-Sac
  • Secluded Lot
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees
  • Garden

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 4 Car Detached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Cedar
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Blower Fan
  • Stone Fireplace
  • Propane Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Butlers Pantry
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • In-Law or Guest Suite
  • Double Vanity
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop

Additional Homes

  • Guest House

Schools

  • Grady Brown Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include road maintenance
  • Community Run HOA, Phone Number (323) 842-9400
  • Built by Broyhill Wiles
  • Orange Grove Subdivision, Timber Frame Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,567

Year Built

Built in 2013

Lot Details

0

HOA Fees

$50 per month

Parking

4

Listing Details

  • Builder Name: Broyhill Wiles
  • Builder Model: Timber Frame
  • Year Built: 2013
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Orange Grove
  • Above Grade Finished Sq Ft: 3249.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 375.0
  • General Property Information Below Grade Unfinished Area: 1750.0
  • General Property Information Total Unfinished Area2: 2125.0
  • General Property Information Lot Size Dimensions: 1687 x 339 x 180 x 108 x 1128 x 57 x 267
  • General Property Information Association Fee Required YN: No
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: L
  • Room Types Bedroom 3 Level: L
  • Room Types Bedroom 4 Level: A
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • General Property Information Association Phone: 323-842-9400
  • Other Structures Workshop: Yes
  • Room Types Workshop2: Yes
  • Architectural Style Contemporary: Yes
  • In-Law Suite Details Separate Entry: Yes
  • Interior Features ApartmentSuite: Yes
  • Interior Features Dressing Room: Yes
  • Interior Features Room Over Garage: Yes
  • In-Law Suite Details Separate Building: Yes
  • Laundry Features Multiple Locations: Yes
  • Other Structures Guest House: Yes
  • Room Types Mud Room: Yes
  • Room Types Exercise Room: Yes
  • In-Law Suite Details With Kitchen: Yes
  • General Property Information Above Grade Finished Area: 3249.0
  • General Property Information Below Grade Finished Area: 1922.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 457380.0
  • General Property Information Lot Size Acres: 10.5
  • General Property Information Builder Name: Broyhill Wiles
  • General Property Information Builder Model: Timber Frame
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Apartment/Suite, Bookcases, Butler's Pantry, Ceiling Fan(s), Double Vanity, Dressing Room, Entrance Foyer, High Ceilings, In-Law Floorplan, Primary Downstairs, Room Over Garage, Shower Only, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry, Unfinished
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Range Hood, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1922.0
  • Fireplace Features: Blower Fan, Family Room, Insert, Living Room, Propane, Stone, Wood Burning
  • Fireplaces: 2
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Propane: Yes
  • Fireplace Features:Stone3: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes
  • Basement Finished: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Blower Fan: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Lighting
  • Acres: 10.5
  • Construction Type: Cedar, Stone
  • Patio And Porch Features: Covered, Glass Enclosed, Patio, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Cedar: Yes
  • Lot Features:Secluded: Yes
  • Exterior Features:Lighting: Yes
  • Patio And Porch Features:Glass Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Circular Driveway, Concrete, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Garage Spaces: 4.0

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association Name: Community Run HOA
  • Phone: 323-842-9400
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Community Run HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 600.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Lot Dimensions: 1687 x 339 x 180 x 108 x 1128 x 57 x 267
  • Lot Size Sq Ft: 457380.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9567.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Orange - Grady Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2009
Sold by
Fletcher Laura A and Tumbarello Michael J
Bought by
Orr David E and Orr Kathleen A
Current Estimated Value
$2,337,458

Purchase Details

Closed on
Jun 5, 2007
Sold by
Davis Patrick K and Davis Pamela J
Bought by
Fletcher Laura A and Tumbarello Michael J

Purchase Details

Closed on
Oct 4, 2004
Sold by
Shefte Daniel R and Shefte Susan K
Bought by
Davis Patrick K and Davis Pamela J

Purchase Details

Closed on
Jan 8, 2004
Sold by
Bank One Na
Bought by
Shefte Daniel R and Shefte Susan K
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Orr David E $169,000 None Available
Fletcher Laura A $136,000 None Available
Davis Patrick K $82,500 --
Shefte Daniel R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemmo Living Trust $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $2,335,000 -- --
07/26/2023 07/26/23 Sold $2,335,000 -5.5% $452 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $2,470,050 -1.0% $478 / Sq Ft
04/18/2023 04/18/23 For Sale $2,495,000 -- $482 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,347 $1,079,600 $156,200 $923,400
2023 $10,078 $1,080,700 $156,200 $924,500
2022 $9,567 $1,042,700 $156,200 $886,500
2021 $9,332 $1,042,700 $156,200 $886,500
2020 $9,319 $980,500 $156,200 $824,300
2018 $9,138 $980,500 $156,200 $824,300
2017 $9,429 $980,500 $156,200 $824,300
2016 $9,429 $983,300 $159,500 $823,800
2015 $9,330 $983,300 $159,500 $823,800
2014 $7,947 $838,000 $159,500 $678,500
Source: Public Records

Agents Affiliated with this Home

  • Alma Gaudette

    Seller's Agent in 2023

    Alma Gaudette

    Berkshire Hathaway HomeService

    (919) 971-7099

    5 in this area

    87 Total Sales

    Alma Gaudette
    Section Image

  • T

    Buyer's Agent in 2023

    Tiffany Elder

    Paradigm Properties

    (919) 260-2507

    1 in this area

    66 Total Sales

    Tiffany Elder
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2505676

Doorify MLS

APN: 9841897542

North Carolina Orange County Hillsborough 27278

5236 Margon Place, Hillsborough, NC

This home is located at 5236 Margon Place, Hillsborough, NC 27278 since 18 April 2023 and is currently estimated at $2,337,458, approximately $452 per square foot. This property was built in 2013. 5236 Margon Place is a home located in Orange County with nearby schools including Grady Brown Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

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