See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

627 Cedar Grove Rd, Hillsborough, NC, 27278

3beds
2baths
1,263sqft
$499,000
$395price/sqft
$3,386/moest. monthly cost
$135,440/yrincome needed

About This Home

Stunning Renovated Craftsman home walkable to historic downtown Hillsborough, NC. Built in 1931, this single-family residence offers a unique blend of vintage character and beautiful modern updates. You will feel right at home in this quaint, walkable historic town! This home is perfect for those who appreciate the character and craftsmanship of original hardwood floors, baseboards, solid-wood window frames and doors, crown molding, original French doors, and large picture windows that fill the home with natural light. At the same time, you will enjoy the modern luxuries of an open-concept floor plan, kitchen island, quartz countertops, stainless steel appliances, a double vanity in the primary bathroom, and beautifully updated bathrooms. The views are perfect for watching birds and deer pass by while enjoying the colorful seasons that North Carolina has to offer. The home was remodeled by renowned builder Steve Roberts in 2019. The roof, HVAC system, plumbing, and appliances were all updated in 2019, providing peace of mind and modern convenience. Upon arrival, you will be greeted by a spacious 13,068- square-foot lot, offering ample room for outdoor activities and entertaining. Enjoy the new outdoor kitchen and pergola, or gather around the fire pit with family and friends while taking in beautiful, relaxing North Carolina evenings. Overall, 627 Cedar Grove Rd is a delightful property that combines the charm of yesteryear with the convenience of modern amenities. Hillsborough is a picturesque, historic town where you can enjoy walking to local shops, restaurants, the farmers market, and the many festivals and community events held throughout the year. You can also walk to River Park or Gold Park, which offer beautiful trails and outdoor spaces. The home is ideally located near Duke University, UNC, and Chapel Hill, making it a perfect central location for work, recreation, and enjoying everything the Triangle has to offer. The storage shed adds even more functionality, featuring a workbench and electricity.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

9/10
River Park ElementaryGrades PK-50.9 mi
5/10
Orange Middle SchoolGrades 6-80.7 mi
6/10
Orange HighGrades 9-120.9 mi

Construction

Condition

  • Year built: 1931

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Gas Oven,Free-Standing Refrigerator,Gas Cooktop,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Self Cleaning Oven,Vented Exhaust Fan,Washer,Washer/Dryer Stacked

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bathtub/Shower Combination,Breakfast Bar,Crown Molding,Dining L,Eat-in Kitchen,High Speed Internet,Kitchen Island,Living/Dining Room Combination,Open Floorplan,Quartz Counters,Smart Camera(s)/Recording,Smart Thermostat,Walk-In Closet(s),Walk-In Shower
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Decorative,Electric,Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,263

Heating & Cooling

  • Heating features: None
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,263
  • Total interior livable area: 1,263 sqft

Property

Details

  • Parcel number: 9864897423
  • Zoning: R10
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Barbecue,Fire Pit,Garden,Gas Grill,Lighting,Outdoor Kitchen,Storage
  • Has view: Yes

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Hail
Heat Wave
Ice Storm
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 $2,523$30,276
Home Insurance *$149$1,788
Property Taxes $514$6,168
Electricity $200$2,405
Total$3,386$40,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,091/yr
40% on housing$101,580/yr
45% on housing$90,293/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

$395This 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
2026-08-15Price change$2,600
2026-08-13Price change$2,895
2026-08-10Price change$485,000
2026-08-09Listed for rent$2,950
2026-07-28Listed for sale$499,000
2021-03-10Sold$330,000
2021-01-24Contingent$340,000
2020-09-23Price change$340,000
2020-08-26Price change$350,000
2020-07-07Price change$355,000
2020-05-06Price change$365,000
2019-10-03Listed for sale$375,000
2018-03-07Sold$170,000

For Sale by Agent

AgentNicholas Huscroft
BrokerageChosen Real Estate Group

Similar Homes