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$474,900

Beds
3
Baths
2.0
sq ft
1,597

118 Flora Mcdonald Lane, Cary, NC 27511

118 Flora Mcdonald Lane

Cary, NC 27511

  • <1 day on market
A gemstone home for anyone who appreciates abundant light, natural surroundings, coziness of ambiance, function and more. Set in a natural, wooded environment at the end of the cul-de-sac the two-car garage welcomes you to the inner sanctum of the house's vibrant hollow with beautiful hardwood flooring throughout!. Its beaming abundance of light from the dining and family areas invites one home. Step into the brand new kitchen, fresh with new refrigerator, dishwasher, kichen cabinets, countertops, backspash and updated environment; keeping an inviting rustic feel with the brick oven cradle. The bright, luminous family room next to the dining area awaits with its cathedral ceilings and wall sized windows. 3 bedrooms and 2 full baths come with. Each of them with updated features. Each room furnished with ceiling fans, the master enjoys an updated full bath and walk-in closet. And when one desires the great outdoors the sprawling deck is nestled into the surrounding woods for an open and private enjoyment of this wonderful home, sheltered by a 2020 roof. All of this on a single floor founded upon a walk-in crawlspace. A swim club and activities nearby with the added benefits of close shopping and access routes grant plentiful options for living, and a good life can be lived here. Come see for yourself!

Details

Property type

Single Family Residence

Est. home value

$451,663

Property condition

Updated/Remodeled

Lot size

9,583.2 sq ft

Price per sq ft

$298

Year built

1978

Annual property taxes

$3,431

Monthly HOA fee

$30

Price History

03/12/2025
TriangleMLS

TriangleMLS #10081738

Listed
$474,900
+9.17%
07/28/2022
TriangleMLS

TriangleMLS #2457316

Sold
$435,000
+123.08%
10/07/2011
TriangleMLS

TriangleMLS #1792778

Sold
$195,000

Schools & Community

Elementary school: 

Wake - Briarcliff

Middle school: 

Wake - East Cary

High school: 

Wake - Cary

Community features: 

Lake, Pool, Racquetball, Tennis Court(s)

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

$39,772
Asking price
$474,900
Closing costs (~8% of asking)
-$37,992
Est. remaining loan balance
-$397,136
Cash to seller
$39,772

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

July 2022

Original loan amount

$413,250

Est. remaining balance

$397,136

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

David C Dowling and Lisa P Boyd

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: 03/13/2025 at 2:00 AM

Listing updated: 03/12/2025 at 5:01 PM

Listed by: Glen Hunsucker, My Dog Tess, Inc. Phone #: (919) 942-1059

MLS: TriangleMLS #10081738

TriangleMLS logo

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