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504 Tuliptree Rd, Hillsborough, NC, 27278

3beds
1baths
1,015sqft
$275,000
$271price/sqft
$1,853/moest. monthly cost
$74,120/yrincome needed

About This Home

Welcome home to 504 Tuliptree Dr - where classic brick durability meets effortless modern style. Tucked away on a spacious, private lot in charming Hillsborough, this fully renovated 3-bedroom ranch offers true turnkey living with major big-ticket updates already done, including a newer roof and brand-new HVAC system for total peace of mind. Ideal for a primary homebuyer or an investor seeking a high-performing portfolio addition, this property delivers unmatched versatility. Step inside to a bright, light-filled layout boasting contemporary finishes, stylish LVP flooring, and a sleek kitchen with stainless steel appliances and crisp countertops. Outside, the expansive yard is perfect for summer BBQs, gardening, or evening stargazing. Enjoy quiet, low-maintenance living just minutes from historic Downtown Hillsborough, scenic river trails, and top dining, with an easy commute to Durham and the Triangle. Owner-occupants may also qualify for a Community Grant through First Citizens Bank! Schedule your showing today to see it all in person.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

7/10
Pathways ElementaryGrades PK-50.9 mi
5/10
Orange Middle SchoolGrades 6-81.0 mi
6/10
Orange HighGrades 9-121.0 mi

Construction

Condition

  • Year built: 1982

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Water Heater,Microwave,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Bathtub/Shower Combination,Eat-in Kitchen,Granite Counters,Kitchen/Dining Room Combination,Open Floorplan,Recessed Lighting,Smooth Ceilings
  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,015
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Electric,Forced Air,Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 1,015
  • Total interior livable area: 1,015 sqft

Property

Details

  • Parcel number: 9865743682
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Private Yard
  • Fencing: None
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.78 Acres
  • Features: Back Yard,Front Yard,Hardwood Trees,Private

Parking

  • Parking features: Driveway,Gravel

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
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

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 $1,390$16,680
Home Insurance *$82$984
Property Taxes $181$2,172
Electricity $200$2,405
Total$1,853$22,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,531/yr
40% on housing$55,590/yr
45% on housing$49,413/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

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 27278$258
Orange County$274

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
2026-08-17Price change$265,000
2026-07-22Price change$275,000
2026-06-11Listed for sale$280,000
2025-05-01Listing removed$1,800
2025-04-16Price change$1,800
2025-04-05Listed for rent$1,850

For Sale by Agent

AgentJohnny Chappell
BrokerageCompass -- Raleigh

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