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400 Flat River Run, Hillsborough, NC, 27278

4beds
3baths
2,428sqft
$529,900
$218price/sqft
$3,667/moest. monthly cost
$146,680/yrincome needed

About This Home

Motivated Seller.The seller is offering up to $10,000 toward the buyer's closing costs, along with a one-year home warranty for added Almost-new and move-in ready in sought-after Collins Ridge! This Ranch home built shows in excellent condition — barely lived in and meticulously maintained. Enjoy a bright, open floor plan with modern finishes, quartz countertops, stainless appliances, and a fully fenced backyard perfect for relaxing or entertaining. Just 3 minutes to historic downtown Hillsborough's shops and dining, with easy access to I-40 and I-85 — and a quick drive to UNC, Duke, Durham, and Research Triangle Park. Collins Ridge residents enjoy resort-style amenities including a saltwater pool, clubhouse and fitness center, tennis/pickleball courts, dog park, playgrounds, and walking trails, plus included landscaping and exterior maintenance. Seller offering $10,000 toward closing costs PLUS a one-year home warranty — exceptional value in one of Hillsborough's most convenient communities. Don't miss it! Motivated Seller This beautiful Ranch-style home offers an open and inviting layout, spacious living areas, and the convenience of single-level living. Whether you're a first-time homebuyer, downsizing, or looking for a peaceful place to call home, this property is a must-see. one bedroom and Big loft in second floor.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

5/10
Central ElementaryGrades PK-51.8 mi
4/10
A L Stanback MiddleGrades 6-82.4 mi
7/10
Cedar Ridge HighGrades 9-121.8 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Cement Siding,Vinyl Siding

Other

  • Builder name: D.R. Horton

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern, Transitional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Built-In Gas Range,Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Exhaust Fan,Gas Range,Stainless Steel Appliance(s),Trash Compactor
  • Laundry features: Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Door features: French Doors
  • Window features: ENERGY STAR Qualified Windows
  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,428

Heating & Cooling

  • Heating features: Central,None
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 2,428
  • Total interior livable area: 2,428 sqft

Property

Details

  • Parcel number: 9874107676
  • Special condition: Standard

Features

  • Levels: One, One and One Half
  • Pool features: Community
  • Patio & porch: Screened
  • Has view: Yes

Lot

  • Lot size: 5,662 sqft

Parking

  • Total spaces: 4
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
Heat Wave
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters in Orange County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,679$32,148
Home Insurance *$158$1,896
Property Taxes $604$7,248
Electricity $226$2,713
Total$3,667$44,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,725/yr
40% on housing$110,010/yr
45% on housing$97,786/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$218This listing

vs Other Active Listings

Avg $/sqft

ZIP 27278$257
Orange County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 27278$236
Orange County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Price change$529,900
2026-06-25Listed for sale$555,000
2022-10-26Sold$530,175
2022-09-08Pending sale$535,175
2022-08-05Price change$535,175
2022-07-12Price change$536,675
2022-06-30Listed for sale$533,675

For Sale by Agent

AgentPooja Adhikari
BrokerageRaya Homes LLC

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