319 W Margaret Ln Hillsborough, NC 27278
4
Beds
2
Baths
2,345
Sq Ft
0.51
Acres
Highlights
- Deeded Waterfront Access Rights
- Sauna
- River View
- 83 Feet of Waterfront
- The property is located in a historic district
- 1-minute walk to Turnip Patch Park
About This Home
As of March 2025Close your eyes and imagine living in Orange County's Happening Historic Hillsborough in a distinctive, delightful dwelling with vintage charm. Add a sweeping lawn and perennial gardens about to pop with color plus the sights and sounds of the celebrated Eno River in plain view. Your dream can now come true with The Cole House circa 1906 built for Arthur Cleveland Cole, the first Pontiac dealer in town! It is thoughfully updated by its current owners who took great care to mix the renovated, expanded kitchen with wonderful one of a kind views and an enlarged primary bath that is as pretty is as pretty does. Charismatic red camellias flank the original front door and welcome you in to a gracious foyer, period staircase and large yet cozy living room complete with restored romantic gas fireplace. Separate dining collaborates beautifully with the screened porch (probably hard to guess how many glasses of sweet tea have been served there since 1906!) Just off dining is a perfect TV/Media parlor or study. A main level bedroom, currently yoga/workout room with full bath and separate laundry is handy for guests and 'one level living'. The large well-appointed kitchen has plenty of room to eat breakfast, watch the chef, do Wordle...or play Hillsboroughopoly. Open to kitchen is the friendly family room with mesmerizing views of the water glistening by the banks of the Eno. Ascend the graceful staircase to the hall library with a window seat and built-in bookcases, a large light-filled bedroom with a classic set of windows, an office also once used as bedroom and the perfect primary bedroom with a private aerie-like high deck awaiting the next gala whether a hootenany, a waltz accompanied by a string quartet, or a party for one with a book, a glass of bubbly and THE VIEW! The basemnt level is heated/cooled and boasts a sauna room with door to the outside in case you want to dip your toes in the Eno and a separate workshop with exterior access, now hostessing sewing activities.
There is lot to love here & some say it's one of the best lots in town: WATERFRONT. Come visit, see for yourself and dream a liitle dream with us.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,121
Year Built
- Built in 1906
Lot Details
- 0.51 Acre Lot
- 83 Feet of Waterfront
- River Front
- Lot Has A Rolling Slope
- Partially Wooded Lot
- Landscaped with Trees
- Garden
- Back and Front Yard
Home Design
- Victorian Architecture
- Concrete Foundation
- Combination Foundation
- Shingle Roof
- Wood Siding
- Lead Paint Disclosure
Interior Spaces
- 2,345 Sq Ft Home
- 2-Story Property
- Bookcases
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room
- Workshop
- Screened Porch
- Storage
- Sauna
- River Views
- Pull Down Stairs to Attic
- Storm Windows
Kitchen
- Gas Range
- Range Hood
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Dual Closets
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Heated Basement
- Walk-Out Basement
- Partial Basement
- Interior and Exterior Basement Entry
- Dirt Floor
- Workshop
- Crawl Space
- Basement Storage
- Natural lighting in basement
Parking
- 3 Parking Spaces
- Private Driveway
- 2 Open Parking Spaces
Outdoor Features
- Deeded Waterfront Access Rights
- River Access
- Deck
- Patio
- Rain Gutters
Schools
- River Park Elementary School
- Orange Middle School
- Orange High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Natural Gas Connected
- Cable TV Available
Additional Features
- The property is located in a historic district
- Grass Field
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Assessor Parcel Number 9864852733
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $1,250,000 | +14.7% | $533 / Sq Ft |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $1,090,000 | -- | $465 / Sq Ft |
Source: Doorify MLS
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 | $8,349 | $552,500 | $165,000 | $387,500 |
| 2023 | $8,075 | $552,500 | $165,000 | $387,500 |
| 2022 | $8,053 | $552,500 | $165,000 | $387,500 |
| 2021 | $7,984 | $552,500 | $165,000 | $387,500 |
| 2020 | $7,216 | $470,400 | $150,000 | $320,400 |
| 2018 | $7,124 | $470,400 | $150,000 | $320,400 |
| 2017 | $5,876 | $470,400 | $150,000 | $320,400 |
| 2016 | $5,876 | $365,500 | $125,300 | $240,200 |
| 2015 | $5,801 | $365,500 | $125,300 | $240,200 |
| 2014 | $5,761 | $365,500 | $125,300 | $240,200 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $497,300 | Credit Line Revolving | |
| Previous Owner | $220,000 | New Conventional | |
| Previous Owner | $339,000 | New Conventional | |
| Previous Owner | $332,000 | VA | |
| Previous Owner | $296,000 | New Conventional | |
| Previous Owner | $133,200 | Credit Line Revolving | |
| Previous Owner | $95,000 | Credit Line Revolving | |
| Closed | $37,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,250,000 | None Listed On Document | |
| Warranty Deed | $1,250,000 | None Listed On Document | |
| Warranty Deed | $445,000 | None Available | |
| Warranty Deed | $370,000 | -- |
Source: Public Records
Similar Homes in Hillsborough, NC
Source: Doorify MLS
MLS Number: 10079055
APN: 9864852733
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