tomo logo

$520,000

Beds
3
Baths
2.5
sq ft
1,906

1402 Princess Anne Road, Raleigh, NC 27607

1402 Princess Anne Road

Cary, NC 27513

  • Pending
This stunning home with a finished basement offers 3 bedrooms, 2.5 baths. First floor living area has gleaming site finished hardwood floors. Second floor has Primary Bedroom and 2 secondary bedrooms and bonus room in the basement. Enjoy the serene view from the spacious screened porch, overlooking a peaceful creek that winds through the picturesque wooded property. There's additional off-street parking for guests, and the expansive chef's kitchen is perfect for cooking together, offering ample granite counter space for two chefs. Nestled in a quiet neighborhood on a tranquil dead-end street, this home provides the perfect blend of comfort and privacy. This property is only 5 minutes from downtown Cary and 10 minutes from downtown Raleigh. Seller is willing to give a $10,000 credit to buyer towards upgrades with acceptable offer.

Details

Property type

Single Family Residence

Est. home value

$491,804

Lot size

0.34 acres

Price per sq ft

$273

Year built

1991

Annual property taxes

$3,884.65

Price History

02/27/2025
TriangleMLS

TriangleMLS #10077446

Pending
$520,000
02/19/2025
TriangleMLS

TriangleMLS #10077446

Listed
$520,000
02/18/2025
TriangleMLS

TriangleMLS #10056721

Removed
$520,000

Schools & Community

Elementary school: 

Wake - Reedy Creek

Middle school: 

Wake - Reedy Creek

High school: 

Wake - Athens Dr

Community features: 

None

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

$197,705
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$280,695
Cash to seller
$197,705

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

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

June 2018

Original loan amount

$320,230

Est. remaining balance

$280,695

Interest rate

4.55%

Loan type

VA, 30 year

Seller

Timothy N Mcgibbon and Dawn Mcgibbon

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: Pending/Under Contract

Tomo last checked: 04/03/2025 at 12:05 AM

Listing updated: 02/27/2025 at 4:50 PM

Listed by: Sally Bauer, Coldwell Banker Advantage Phone #: (919) 249-4666

MLS: TriangleMLS #10077446

TriangleMLS logo

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