tomo logo

$305,000

Beds
2
Baths
2.0
sq ft
1,254

1120 Collington Drive, Cary, NC 27511

1120 Collington Drive

Cary, NC 27511

  • 3 days on market
*Adorable Central Cary Townhome w/ Private Fenced Backyard*2 BDR, 1 Full Bath + 2 Half Baths*Neighborhood Pool, Clubhouse, Play Areas, Cary Greenway Access*New Paint & Carpet*2 Dedicated Parking Spaces + Guest Parking Available*A Quick Trip to Downtown Cary*Easy Highway Access*MacDonald Woods Park & Walnut Street Park Nearby*

Details

Property type

Townhouse

Est. home value

$299,050

Lot size

1,306.8 sq ft

Price per sq ft

$244

Year built

1973

Annual property taxes

$2,368

Monthly HOA fee

$290

Price History

03/28/2025
TriangleMLS

TriangleMLS #10085488

Listed
$305,000
-3.17%
06/06/2024
TriangleMLS

TriangleMLS #10025522

Removed
$315,000
05/19/2024
TriangleMLS

TriangleMLS #10025522

Listed
$315,000

Schools & Community

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

Clubhouse, Pool, 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

$132,016
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$148,584
Cash to seller
$132,016

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

February 2021

Original loan amount

$164,000

Est. remaining balance

$148,584

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Michael A Neely and Sarah M Neely

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?

Status: Active

Tomo last checked: 04/01/2025 at 1:55 PM

Listing updated: 04/01/2025 at 7:26 AM

Listed by: Tim Devinney, New Native Realty Phone #: (919) 272-1753

MLS: TriangleMLS #10085488

TriangleMLS logo

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