tomo logo

$2,425,000

Beds
7
Baths
5.5
sq ft
7,312

101 Rutherglen Drive, Cary, NC 27511

101 Rutherglen Drive

Cary, NC 27511

  • 66 days on market
    • Price drop $70,000↓
Experience the epitome of luxury living in this breathtaking Spanish villa, perfectly positioned with sweeping views of the 16th green at MacGregor Downs, one of Cary's most desirable neighborhoods. Every inch of this updated home exudes elegance, from the stunning tray ceilings and cozy fireplace to the chic coffee bar in the main living area.With 7 bedrooms and 5.5 bathrooms, this exquisite estate offers plenty of space for family and guests, all while being nestled in the heart of MacGregor Downs. This is more than just a home; it's a lifestyle. The kitchen features SS appliances, extra large fridge/ freezer combo, double dishwashers, and double oven. The primary suite on the first floor is a true retreat, featuring a spacious sitting area, a fireplace, and a luxurious ensuite bathroom with floating vanities, a soaking tub, dual walk-in closets, dual water closets, and an oversized marble shower illuminated by skylights. The closets even feature skylights, filling the space with natural light. The 2nd floor features 2 large bedrooms and loft which allow for either a 2nd primary suite or an in-law suite option. This home's unique design features two second-floor wings, each with its own set of bedrooms, offering an ideal setup for multi-generational living. These distinct areas provide the perfect blend of privacy and shared living space. Entertain in style with a large dining room equipped with a wet bar, perfect for hosting dinner parties. The lower level offers a stone fireplace, a wine cellar, traditional tasting room, and additional bedrooms, it's an ideal atmosphere for intimate gatherings. Step outside to discover the expansive Mediterranean-inspired patio and multi-level deck, where you can unwind and enjoy the stunning views of the 16th hole. The large side yard is perfect for lawn games and hosting large gatherings, making this home an entertainer's dream.

Details

Property type

Single Family Residence

Est. home value

$2,157,227

Lot size

0.8 acres

Price per sq ft

$332

Year built

1970

Annual property taxes

$18,718.55

Monthly HOA fee

$9.17

Price History

10/04/2024
TriangleMLS

TriangleMLS #10053161

Price change
$2,425,000
-2.81%
09/17/2024
TriangleMLS

TriangleMLS #10047432

Removed
$2,495,000
09/17/2024
TriangleMLS

TriangleMLS #10053161

Listed
$2,495,000

Schools & Community

Elementary school: 

Wake - Briarcliff

Middle school: 

Wake - East Cary

High school: 

Wake - Apex

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$855,294
Asking price
$2,425,000
Closing costs (~8% of asking)
-$194,000
Est. remaining loan balance
-$1,375,706
Cash to seller
$855,294

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2021

Original loan amount

$1,480,000

Est. remaining balance

$1,375,706

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Erkang Zheng and Nan Jiang

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 10:50 AM

Listing updated: 10/23/2024 at 5:03 AM

Listed by: Annette Holt, Compass -- Cary Phone #: (919) 769-1956

MLS: TriangleMLS #10053161

TriangleMLS logo

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