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$549,900

Beds
5
Baths
3.5
sq ft
2,660

1017 Winwood Drive, Cary, NC 27511

1017 Winwood Drive

Cary, NC 27511

  • 33 days on market
    • Price drop $25,100↓
Approachable and charming from the street with its old-time rocking chair front porch, this ranch with full basement is surprisingly large inside, with a backyard that is expansive and wonderful. Updated, renovated and remodeled just 7 years ago, the kitchen has a large, open footprint with custom shelving in the pantry and opens to a generous 14x16 deck overlooking the grassy backyard. The home's original primary bedroom is on the main level, of course, but the prior owners refinished the basement with a second primary suite with gorgeous bathroom, a fifth bedroom, a large laundry room / half bath, and rec/bonus space. It is really easy to imagine a kitchenette being added downstairs, in which case you'd essentially have two homes in one. But for now, it's all one incredibly flexible large home with a living room, kitchen, renovated hall bath and three bedrooms up and two more bedrooms plus bonus and laundry down. Could be ideal for an in-law situation, au pair, or taking on a spare roommate or two. With authentic wood siding and lovely refinished original hardwood floors on the main floor this home has the charm of an older home with the conveniences of newer. Very recent purchases: refrigerator, washer and dryer. The only carpet in the entire house is the fifth bedroom on the lower level. The large fenced yard has a shed and playset. The HVAC was replaced in 2022, water heater in 2017, and roof in 2015. Both Google and AT&T offer fiber service to this address.

Details

Property type

Single Family Residence

Est. home value

$527,007

Lot size

0.58 acres

Price per sq ft

$207

Year built

1970

Annual property taxes

$3,747

Price History

09/05/2024
TriangleMLS

TriangleMLS #10047505

Price change
$549,900
-4.37%
08/16/2024
TriangleMLS

TriangleMLS #10047505

Listed
$575,000
+81.96%
11/15/2018
TriangleMLS

TriangleMLS #2207793

Sold
$316,000
+103.87%

Schools & Community

Elementary school: 

Wake - Turner Creek Road Year Round

Middle school: 

Wake - Salem

High school: 

Wake - Cary

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

$309,060
Asking price
$549,900
Closing costs (~8% of asking)
-$43,992
Est. remaining loan balance
-$196,848
Cash to seller
$309,060

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

September 2019

Original loan amount

$273,000

Est. remaining balance

$196,848

Interest rate

3.05%

Loan type

New Conventional, 15 year

Seller

Brandon Schaefer

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: 09/19/2024 at 3:05 PM

Listing updated: 09/05/2024 at 9:43 AM

Listed by: David Worters, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10047505

TriangleMLS logo

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