tomo logo

$515,000

Beds
3
Baths
2.5
sq ft
1,940

1632 Cary Reserve Drive, Cary, NC 27519

1632 Cary Reserve Drive

Cary, NC 27519

  • 44 days on market
    • Price drop $20,000↓
This elegant townhome features 3 bedrooms and 2.5 baths, ideally located near the RTP in West Cary, and is surrounded by top-rated schools. The home boasts an open floor plan with ample storage, a spacious kitchen, and a family room. A welcoming foyer leads to generous dining and living areas, perfect for family gatherings. The chef's gourmet kitchen includes granite countertops, a tiled backsplash, and extensive cabinetry to meet all your culinary needs. On the second floor, you'll find two additional guest bedrooms, a spacious loft for entertainment, a hallway bath, and a laundry room equipped with a washer and dryer. The primary bathroom features a tiled walk-in shower and double vanities. Impressive outdoor living spaces include a private patio, a leveled backyard, and a serene wooded view. Enjoy easy access to a variety of shopping and dining options, parks, fitness centers, medical facilities, and major highways—everything you need is just minutes away!

Details

Property type

Townhouse

Est. home value

$506,550

Lot size

3,049.2 sq ft

Price per sq ft

$266

Year built

2017

Annual property taxes

$4,453

Monthly HOA fee

$155

Price History

10/21/2024
TriangleMLS

TriangleMLS #10057257

Price change
$515,000
-3.74%
10/09/2024
TriangleMLS

TriangleMLS #10057257

Listed
$535,000
+63.86%
08/31/2017
TriangleMLS

TriangleMLS #2121881

Sold
$326,500

Schools & Community

Elementary school: 

Wake - Hortons Creek

Middle school: 

Wake - Mills Park

High school: 

Wake - Panther Creek

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

$223,000
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$250,800
Cash to seller
$223,000

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$269,800

Est. remaining balance

$250,800

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Gobinath Perumpalipatty Yaradhappan and Ashwini Chandrasekar

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: 11/23/2024 at 11:15 AM

Listing updated: 10/21/2024 at 7:30 PM

Listed by: Wilson Parayil, Real Carolina Properties Phone #: (919) 636-2870

MLS: TriangleMLS #10057257

TriangleMLS logo

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