Is the housing market going to crash?

We have seen every market cycle since 2007. The Fort Mill and Charlotte metro market has shown consistent resilience and population-driven demand. We are happy to walk you through current conditions and what they mean for your specific situation.

Should I buy now or wait for interest rates to drop?

Timing the market is nearly impossible. We focus on your personal timeline, your equity position, and your goals. In most cases, waiting costs more than acting — but we will give you a straight answer based on your numbers, not a sales pitch.

What is it like to live in Fort Mill, South Carolina?

Fort Mill consistently ranks among the best places to live in the Carolinas. Strong schools, low taxes, easy access to Charlotte, and a genuine community feel. We live here — Mike's family of eight calls this area home — so we can give you a real answer, not a brochure.

How do I win in a multiple-offer situation?

Preparation, speed, and presentation. We coach our buyers on exactly how to structure a competitive offer — and our track record of over 2,200 closings means we know what sellers and their agents respond to.

What is the difference between Fort Mill and Rock Hill?

Both are in York County and offer tremendous value compared to Charlotte. Fort Mill tends to attract younger families drawn by the school system and newer developments. Rock Hill has a more established urban core, a strong university presence, and is undergoing significant revitalization. We work both markets daily and can help you find the right fit.

Do you work with active adult or 55+ communities?

Yes — this is one of our specialties. We have deep experience in Sun City Carolina Lakes, Four Seasons at Gold Hill, Carolina Orchards, and Brook Run. We know these communities from the inside and can help buyers and sellers navigate them confidently.

Do you work with veterans and VA loans?

Absolutely. Mike is a Marine Corps veteran and KW Military Ambassador. Supporting fellow veterans is personal for us. We understand VA transactions and are proud to serve those who served.

505 Oakwood Ave, Durham, NC 27701

House Description

A Gail Crabtree original, this beauty sits in the middle of the historic Cleveland-Holloway neighborhood - only moments from all of the local businesses that make the Bull City so special. Zoned for George Watts Elementary. Huge front porch! Plentiful natural light throughout. Gorgeous hardwoods on the main level. The first floor features a living room, small bedroom (or the perfect office), and a cozy family room with built-ins and a gas log fireplace that opens to an ample kitchen. Quartz countertops, a gas cooktop, and a super generous island make this kitchen just as functional as it is lovely. This level also boasts a private dining room and large screened-in porch both overlooking the fenced in back yard. Upstairs you will find three generously sized bedrooms with excellent storage. Each room is sunny with high ceilings. A second bathroom has a long countertop, a neutral tile floor, a tub/shower combo and more sunlight. The owners suite in this house is truly a dream. This large room opens to a private balcony overlooking the green back yard. The bathroom feels like a spa and gives you the cabinet storage you've been looking for. Check the box for a walk-in closet. 505 Oakwood gets even better with two words: Income Producing. Perfect for your in-laws, out of town friends, OR rent out the space to someone passing through. This studio apartment has one bedroom, one bathroom, a living room, and a small kitchen. A separate, ductless HVAC. Last but certainly not least, is this great back yard. Decks, a paver patio and stone fire pit, and raised beds are surrounded by mature trees that provide great greenery and shade. Don't miss the EV charger! So much to love about this property but did you know you are 1/3 of a mile from Durham's Main Library, 1/2 of a mile from Bull City Burger, and less than 2/3 of a mile from Durham's Central Park? Bike to the Farmer's Market every Saturday or scoot to Durham Bulls Athletic Park at American Tobacco Campus and take in a ballgame - it is less than 1 mile away!! If you are looking for low-maintenance downtown living, this is it. 505 Oakwood is the quintessential urban dream home.

Highlights

Listed by Colleen Ellis , 919-536-9545 Keller Williams Elite Realty , 984-244-5830. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage

0.1

Year Built

2018

County

Durham

Neighborhood

Not in a Subdivision

Listing ID

10177612

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms

▪ Bedrooms:4
▪ Bathrooms:4
▪ Full Bathrooms:3
▪ 1/2 Bathrooms:1

Appliances:Dishwasher, Disposal, Free-Standing Gas Range, Microwave, Range Hood, Refrigerator, Stainless Steel Appliance(s)

Air Cond:Central Air,Ductless,Multi Units

Fireplaces:Gas

Floor:Carpet,Hardwood,Tile

Above Ground Sq Ft:2043

Below Ground Sq Ft:0

Basement:Apartment,Finished,Heated

Other:Apartment/Suite,Built-in Features,Ceiling Fan(s),Double Vanity,In-Law Floorplan,Kitchen Island,Open Floorplan,Quartz Counters,Walk-In Closet(s),Walk-In Shower,Wired for Sound,Office

Other:Public

Payment Calculator

Payment Breakdown

Principal Interest

$4,509

Taxes

$598

Home Price

$874,900

Home Price

Loan Details

30 yrs

6.683%

Interest Rate

Loan Type

Down Payment

20%

$174,980

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Monthly Price:

$4,508.54

Principal

Taxes