NOT LISTED FOR SALE

5490 Montgomery Place Hillsborough, NC 27278

Estimated Value: $621,000 - $1,011,000

3 Beds
3 Baths
3,026 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,300,000 $430 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $4,626/month

10 Days on Market

Highlights

  • Guest House
  • Barn
  • 79.93 Acre Lot
  • Cedar Ridge High Rated A-
  • Horses Allowed On Property
  • Wood Burning Stove

About This Home

As of December 2021

Unique opportunity to live/farm on 80 acres perfect for horses, cattle, live-stock, solar, or wind farming. 2 very unique detached homes on this property. Original 1800's cabin's with additions. HM 1= 1srflr + 2ndfl loft/BR, 2 bath's, kitchen, office + second floor storage or loft. HM 2= 1 BR, kitchen, LR, 1 bath, unfin bsmnt w/renter. Small barn, sheds + fencing. Possible pvt road access off Arthur Minnis Rd. You will love the quiet and close proximity to Carrboro, Chapel Hill, and Hillsborough.

Last Agent to Sell the Property

Cynthia Quarantello

Real Broker LLC License #267569 Listed on: 09/26/2021

Real Broker LLC

Last Buyer's Agent

Patrick Donahue

Berkshire Hathaway HomeService License #266174

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1889

Lot Details

  • 79.93 Acre Lot
  • Privacy Fence
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Farmhouse Style Home
  • Log Cabin
  • Slab Foundation
  • Wood Siding
  • Log Siding
  • Cedar

Interior Spaces

  • 3,026 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Wood
  • Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Parking

  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • New Hope Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Farming

  • Barn
  • Farm
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Accessible Washer and Dryer
  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Year Built: 1889
  • Prop. Type: Residential
  • Horses: Yes
  • Road Surface Type: Unimproved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3026.0
  • Architectural Style: Farm House, Log Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 330.0
  • General Property Information Total Unfinished Area2: 330.0
  • General Property Information Lot Size Dimensions: See plat map
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Farm House: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Loft: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Senior Community YN: No
  • Levels One and One Half: Yes
  • Fencing Privacy: Yes
  • Laundry Features In Basement: Yes
  • Other Structures Guest House: Yes
  • General Property Information Horse YN2: Yes
  • Architectural Style Log Home: Yes
  • General Property Information Above Grade Finished Area: 3026.0
  • General Property Information Carport YN: No
  • Flooring Brick2: Yes
  • Other Structures Barn(s): Yes
  • General Property Information Lot Size Square Feet2: 3481750.8
  • General Property Information Lot Size Acres: 79.93
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Brick, Hardwood
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living/Dining Room Combination, Primary Downstairs, Shower Only, Vaulted Ceiling(s), Walk-In Shower
  • Basement: Unfinished
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Fireplaces: 2
  • Total Bedrooms: 8
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Laundry Features:In Kitchen: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Privacy
  • Acres: 79.93
  • Construction Type: Cedar, Log, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Open Lot: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Log: Yes
  • Lot Features:Pasture2: Yes
  • Lot Features:Farm: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Circular Driveway, Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Heating: Electric, Forced Air, Wood Stove
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: See plat map
  • Lot Size Sq Ft: 3481750.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1870.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Orange - New Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Gary Anabela
Bought by
Benton Marla
Current Estimated Value
$805,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$55,450
Interest Rate
6.76%
Mortgage Type
Seller Take Back
Estimated Equity
$750,241

Purchase Details

Closed on
May 31, 2022
Sold by
Montgomery Farm Ventures Llc
Bought by
Gary Anabela and Benton Maria
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Benton Marla $60,000 None Listed On Document
Benton Marla $60,000 None Listed On Document
Gary Anabela $286,500 Bagwell Holt Smith Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benton Marla $60,000
Closed Benton Marla $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $1,300,000 -- --
12/17/2021 12/17/21 Sold $1,300,000 +4.0% $430 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/26/2021 09/26/21 For Sale $1,250,000 -- $413 / 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
2025 $4,798 $657,900 $254,400 $403,500
2024 $5,221 $508,400 $176,600 $331,800
2023 $2,979 $309,000 $176,600 $132,400
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Quarantello

    Seller's Agent in 2021

    Cynthia Quarantello

    Real Broker LLC

    (919) 830-9051

    290 Total Sales

    Cynthia Quarantello
    Section Image

  • P

    Buyer's Agent in 2021

    Patrick Donahue

    Berkshire Hathaway HomeService

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2410057

Doorify MLS

APN: 9862418214

North Carolina Orange County Hillsborough 27278

5490 Montgomery Place, Hillsborough, NC

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