Residual Delusion

There are some attractive properties below $150/sqft within the Chapel Hill school district. Today's property is not one of them.

XXX Oxford Road $225/sqft. Asking $289K.

Purchased new in 1992 for $139K.

03/16/1992 DEED OF TRUST [No image found]

11/23/1993 DEED OF TRUST North american mortgage company -- $127,500

03/10/1998 DEED OF TRUST Capital savings company -- refinanced for $132,000

06/03/1999 DEED OF TRUST BB&T -- HELOC $25K

03/06/2001 DEED OF TRUST Transland financial services -- Refinance $153K

02/19/2003 DEED OF TRUST State Employees Credit Union -- HELOC $25K.

Total debt, $178K.