tomo logo

$499,000

Beds
3
Baths
2.5
sq ft
1,988

1029 Cotulla Drive, Morrisville, NC 27560

1029 Cotulla Drive

Morrisville, NC 27560

  • 65 days on market
    • Price drop $16,000↓
MUST SEE this Charleston style Single family home located in PRIME Morrisville location featuring 3BD/2.5BA, a Loft and 2 car garage. Open concept floor plan perfect for entertaining as kitchen overlooks living room and breakfast area. Stylish kitchen with striking dark cabinets, granite countertops, tile backsplash, pantry with solid shelves, SS appliances and a gas range. 2020 Roof and new dishwasher. Home is in exceptional condition. Home front porch faces trees/ Cedar Fork Park. Spacious primary suite with luxurious bath including large tiled walk-in shower, dual vanities, and huge walk-in closet. Two additional bedrooms w/shared bathroom, laundry room and a loft round off the second floor. Neighborhood playground, picnic area, walking trail and next door Cedar Fork District park provide recreation. Minutes to major employers, RTP, RDU Airport, grocery stores, dining and shopping. GREAT LOCATION FOR PRIMARY BUYERS AND INVESTORS.

Details

Property type

Single Family Residence

Est. home value

$481,941

Lot size

3,920.4 sq ft

Price per sq ft

$252

Year built

2016

Annual property taxes

$4,218.03

Monthly HOA fee

$66

Price History

09/19/2024
TriangleMLS

TriangleMLS #10044660

Price change
$499,000
-3.11%
09/09/2024
TriangleMLS

TriangleMLS #10044660

Price change
$515,000
-1.9%
08/01/2024
TriangleMLS

TriangleMLS #10044660

Listed
$525,000

Schools & Community

Neighborhood: 

Town Center

Elementary school: 

Wake - Northwoods

Middle school: 

Wake - West Cary

High school: 

Wake - Cary

Community features: 

Park, Playground, Sidewalks, Street Lights

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

$307,929
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$151,151
Cash to seller
$307,929

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

Seller’s Loan History

Lender

Ivy Mortgage Corp

Loan start date

November 2020

Original loan amount

$170,000

Est. remaining balance

$151,151

Interest rate

2.87%

Loan type

New Conventional, 25 year

Seller

Sanaa Bhambri

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?

Similar Homes Nearby

Price drop
TriangleMLS
$469,900
3 bd
|
2.5 ba
|
1,913 sq ft
|
House

207 Wyatts Pond Lane, Cary, NC 27513

New
TriangleMLS
$525,000
3 bd
|
2.5 ba
|
2,200 sq ft
|
House

1712 Legendary Lane, Morrisville, NC 27560

TriangleMLS
$500,000
3 bd
|
2.5 ba
|
1,808 sq ft
|
House

1653 Legendary Lane, Morrisville, NC 27560

Status: Active

Tomo last checked: 10/05/2024 at 11:20 PM

Listing updated: 10/04/2024 at 10:35 PM

Listed by: Aparna Ahuja, Blossom Realty Group LLC Phone #: (408) 394-8002

MLS: TriangleMLS #10044660

TriangleMLS logo

Recently listed in Morrisville