tomo logo

$1,000,000

Beds
4
Baths
3.5
sq ft
4,148

104 Monarch Way, Cary, NC 27518

104 Monarch Way

Cary, NC 27518

  • 30 days on market
    • Price drop $15,000↓
BEAUTIFULLY built unique and sunny Thomas Gipson CONTEMPORY CUSTOM home set in the verdant, sought-after Lochmere Birkhaven subdivision features HARDWOOD FLOORS, CEDAR siding, 2 stone FIREPLACES (wood and gas), a breakfast nook, GYM, multiple HOME OFFICE areas, a recreational room, a second den or home theater, and a serene deck spanning the length of the home with two separate sitting areas overlooking a large easily cared for private back yard. Home has a beautifully landscaped entry way with a fountain, and covered front porch. The home balances open contemporary spaces with many private rooms for everyday living. Located in the sought after Lochmere Cary neighborhood which offers 3 pools (swim team), tennis (professional staff), pickleball courts, lakes and playgrounds, and a semi-private golf course. The trails in the Birkhaven subdivision connect to the 23-acre Swift Creek Nature Preserve winding through Beech tree groves and along the Creek. The neighborhood paths and sidewalks reach a coffee shop, Whole Foods, restaurants, Waverly concerts, The area has excellent private and (nationally recognized) public schools as well as state of the art hospitals and universities nearby. The home is a 10-15 minute drive to downtown Cary, downtown Raleigh, cinemas and shopping, the NC State farmers' market, the NC Theater and multiple amphitheaters.

Details

Property type

Single Family Residence

Est. home value

$900,786

Lot size

0.47 acres

Price per sq ft

$242

Year built

1992

Annual property taxes

$5,315

Monthly HOA fee

$62.75

Price History

06/28/2024
TriangleMLS

TriangleMLS #10034275

Price change
$1,000,000
-1.48%
06/14/2024
TriangleMLS

TriangleMLS #10034275

Price change
$1,015,000
-5.58%
06/07/2024
TriangleMLS

TriangleMLS #10034275

Listed
$1,075,000
+121.65%

Schools & Community

Elementary school: 

Wake - Swift Creek

Middle school: 

Caswell - L Dillard

High school: 

Wake - Athens Dr

Community features: 

Pool, Clubhouse, Fishing, Lake, Park, Playground, Tennis Court(s)

High school district: 

Wake - Broughton

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

$759,981
Asking price
$1,000,000
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$160,019
Cash to seller
$759,981

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

Seller’s Loan History

Lender

Prime Mortgage Lending Inc

Loan start date

August 2017

Original loan amount

$185,000

Est. remaining balance

$160,019

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

Belinda Keller Sukeena

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: 07/07/2024 at 7:50 PM

Listing updated: 07/01/2024 at 3:54 AM

Listed by: Sharon D Gupton, Compass -- Cary Phone #: (919) 769-1956

MLS: TriangleMLS #10034275

TriangleMLS logo

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