326 W. Margaret Lane holds a special place in the heart of Hillsborough for so many reasons: its deep history, its ideal location (situated just blocks from downtown, West Hillsborough's shopping district, River Park and more), and perhaps most importantly, its generous-for-a-mill-house 1,832sf and accommodations (3 bedrooms & 2 baths) are ALL ON ONE LEVEL. The perfectly-manicured postage stamp lot offers just enough space to garden without unnecessary yard maintenance. A rocking chair front porch and large side deck provide year-round outdoor living and the chance to greet neighbors. Meticulously restored and expanded by renowned builder Jeff Hopper in 2020, no detail was spared in his thoughtful curation and reinvention of the space. Heart pine floors remain in the home's original footprint which opens to a large kitchen and keeping area. Room dimensions are designed for modern living and comfort; pocket doors and large closets abound. There are only a handful of homes in the district with this unique set of characteristics, and it's rare that they come on the market. If you've been on the hunt for that darling pied-a-terre in the heart of a charming southern town, 326 Margaret Lane might very well be your cup of tea. With jam and bread.
Sold for $700,000
$700,000
326 W Margaret Ln, Hillsborough, NC 27278
3beds
1,832sqft
Single Family Residence, Residential
Built in 1926
6,098 Square Feet Lot
$759,000 Zestimate®
$382/sqft
$2,021 Estimated rent
Home value
$759,000
$713,000 - $812,000
$2,021/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Meighan Carmichael 919-590-8059,
Hillsborough Real Estate Group
Bought with:
Blair Nell, 280585
Boro Realty
Source: Doorify MLS,MLS#: 10036484
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Free-Standing Refrigerator, Gas Range, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer
- Laundry: Laundry Room, Main Level
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Living/Dining Room Combination, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
- Flooring: Hardwood, Tile, Wood
- Windows: Double Pane Windows, Low-Emissivity Windows
- Basement: Crawl Space
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,832
- Total interior livable area: 1,832 sqft
- Finished area above ground: 1,832
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Gravel, Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Rain Gutters
- Has view: Yes
Lot
- Size: 6,098 Square Feet
- Dimensions: 70 x 85
- Features: City Lot, Landscaped, Level
Details
- Parcel number: 9864861032
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow, Craftsman, Local Historic Designation
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement, Wood Siding
- Foundation: Block, Brick/Mortar
- Roof: Metal
Condition
- New construction: No
- Year built: 1926
Details
- Builder name: Hopper Construction (Restoration and expansion)
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Historical Area
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Hillsborough
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $701,500
- Annual tax amount: $7,102
- Date on market: 6/20/2024
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2024 | Sold | $700,000$382/sqft |
Source:  Doorify MLS #10036484 Report a problem | ||
| 8/6/2024 | Pending sale | $700,000$382/sqft |
Source: Doorify MLS #10036484 Report a problem | ||
| 7/25/2024 | Price change | $700,000-6.7%$382/sqft |
Source: Doorify MLS #10036484 Report a problem | ||
| 6/20/2024 | Listed for sale | $750,000+53.1%$409/sqft |
Source: Doorify MLS #10036484 Report a problem | ||
| 7/21/2020 | Sold | $490,000-1%$267/sqft |
Source: Doorify MLS #2323495 Report a problem | ||
| 6/11/2020 | Pending sale | $495,000$270/sqft |
Source: MDT Realty #2323495 Report a problem | ||
| 6/6/2020 | Listed for sale | $495,000+191.2%$270/sqft |
Source: MDT Realty #2323495 Report a problem | ||
| 12/29/2005 | Sold | $170,000$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,319 +13.3% | $701,500 +44.9% |
| 2024 | $7,344 +3.4% | $484,100 |
| 2023 | $7,102 -0.8% | $484,100 -1.1% |
| 2022 | $7,156 +0.9% | $489,300 |
| 2021 | $7,095 +83.3% | $489,300 +99.2% |
| 2020 | $3,871 | $245,600 +82.7% |
| 2018 | $3,871 +77.3% | $134,400 |
| 2017 | $2,183 +3.3% | $134,400 +8.4% |
| 2016 | $2,114 | $124,000 |
| 2015 | $2,114 | $124,000 |
Find assessor info on the county website
Neighborhood: 27278
Nearby homes
- $182,800-- bd-- ba-- sqft330 W Margaret Ln, Hillsborough, NC 27278Off Market
- $243,0001 bd1 ba440 sqft324 W Margaret Ln, Hillsborough, NC 27278Off Market
- $308,5003 bd1 ba1.3k sqft320 W Margaret Ln, Hillsborough, NC 27278Off Market
- $600,8004 bd3 ba2k sqft329 W King St, Hillsborough, NC 27278Off Market
- $953,7004 bd2 ba2k sqft329 W King St, Hillsborough, NC 27278Off Market
- $423,8003 bd1 ba1.2k sqft201 S Occoneechee St, Hillsborough, NC 27278Off Market
- $704,3003 bd2 ba2.2k sqft325 W King St, Hillsborough, NC 27278Off Market
- $427,4001 bd1 ba1.1k sqft318 W Margaret Ln, Hillsborough, NC 27278Off Market
Nearby schools
GreatSchools rating
- 9/10River Park ElementaryGrades: PK-5Distance: 0.8 mi
- 5/10Orange Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Orange HighGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Orange - River Park
- Middle: Orange - Orange
- High: Orange - Orange
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$759,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$759,000
- North Carolina
- Orange County
- Hillsborough
- 27278
- 326 W Margaret Ln
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