$3,919 Closing Credit¹
#10086135, Len L Moss, Listing Office: Gates Management
$315,000 List price
1516 Park Ln Hillsborough, NC 27278
$3,741
Closing credit¹
3 beds
1 full
1,058 sqft
0.3 acres
$298 / sqft
House
Property details
About 1516 Park Ln
SPRING IS HERE! 3 Bedroom, 1 bath brick ranch, just mins to vibrant downtown Hillsborough with local restaurants, art galleries, farmers markets. Enjoy the Eno River, hiking trails, and the Riverwalk. Convenient to the whole Triangle with easy access to I40, Durham and Raleigh. Fenced back yard is sizable and Ideal for pets, entertaining, and enjoying sunny afternoons. Home has an abundance of natural light. The kitchen is newly renovated with all new appliances. Seller's grand renovation plans changed with engagement and subsequent marriage. Wonderful location.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size1,058 sqft
Lot size0.32 Acres
Year built1961
ParkingDriveway
MLS #10076638
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Heater
- Flooring Type: Laminate
- Interior: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s)
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Driveway
- Exterior: Back Fence, Fence, Deck, Porch Front, Screened Porch, Porch Side, Gutters
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Electric
- List Price: $315,000
- Price/SqFt: $297
- Annual Tax Amount: $1,686
- Tax Year: 2023
- Lot: Back Yard
- Directions: From US-70 W turn left on Riverside Drive then right onto Park Lane, home is on the right.
- Year Built: 1961
- Living Area: 1,058 SqFt
- Lot Size: 0.32 Acres
- MLS Number: 10076638
- MLS Name: Doorify MLS
- Office Name: Coldwell Banker Advantage
- Office Phone: (919) 967-6363
- Listing Agent: Matthew 'Mouse' Mock
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$315,000
1516 Park Ln
$3,741
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 02, 2022 | Home Sold | $287,000 |
| Dec 10, 2010 | Home Sold | $75,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $164,300 | $1,686 |
| 2022 | $142,900 | $1,465 |
| 2021 | $142,900 | $1,447 |
| 2019 | $131,700 | $1,405 |
| 2018 | $131,700 | $- |
History based on county public records data.
Nearby schools
8
Cameron Park Elementary School
Public District PK-5
1.0 mi
•240 St Marys Rd
7
Hillsborough Elementary School
Public District PK-5
2.0 mi
•402 N Nash St
3
Central Elementary School
Public District PK-5
2.2 mi
•154 Hayes St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,708. Residents of Hillsborough, NC typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
29%
<35k
46%
35k-100k
24%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Soccer
Where do the neighbors shop?
Kmart
Stein Mart
Dollar General
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Jimmy Johns
What do the neighbors drive?
Buick
Ram
GMC
What do the neighbors listen to?
Oldies
Adult Standards
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
$3,978 Closing Credit¹
#10093961, Lisa Janes, Listing Office: Weichert, Realtors-Mark Thomas
Frequently asked questions
About 1516 Park Ln
The listing price of 1516 Park Ln property is $315,000.
The property 1516 Park Ln is a house located in Hillsborough, North Carolina, 27278.
Active Listing: 1516 Park Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1516 Park Ln are: Cameron Park Elementary School (GreatSchools Rating 8/10), Hillsborough Elementary School (GreatSchools Rating 7/10), Central Elementary School (GreatSchools Rating 3/10), Charles W Stanford Middle School (GreatSchools Rating 4/10), The Expedition School (GreatSchools Rating 9/10), A L Stanback Middle School (GreatSchools Rating 4/10), Orange High School (GreatSchools Rating 4/10), Eno River Academy (GreatSchools Rating 9/10), Cedar Ridge High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $1,686 (source: MLS/based on county public records data).
The last sale was on December 2, 2022 for $287,000 (source: MLS/tax record).
The property at 1516 Park Ln has 3 bedrooms and 1 bathroom.
The property 1516 Park Ln is 1,058 SqFt (source: MLS/tax record).
The year of construction for 1516 Park Ln is 1961.
This home is located at 1516 Park Ln in Hillsborough, NC and zip code 27278. This 1,058 square foot home, which was built in 1961, sits on a 0.32 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $315,000.
Over 8 listings were sold over their listed price in April 2025 in Hillsborough, NC. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. In April 2025 in Hillsborough, NC there were 12.6% more homes for sale than in March. In April 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $505,000.
From Rocket Homes Real Estate and based on county public records data.