tomo logo

$650,000

Beds
4
Baths
2.5
sq ft
2,373

172 Cotten Drive, Morrisville, NC 27560

172 Cotten Drive

Morrisville, NC 27560

  • 104 days on market
    • Price drop $25,000↓
LOCATION,LOCATION,LOCATION Unique Villas - No Yard Work! Like New and Beautifully decorated custom home that includes : HWD Flooring on main level, Gourmet Kitchen with Granite Countertops, custom stained cabinets w crown trim. Primary Suite includes Dual Vanity w/CLtrd marble , Cstm Cabinets, Large Walk in Closet w Custom shelves and Walk in Shower. Loft/Bonus Area and lots of storage. Refrigerator, Washer and Dryer Do Not Convey For More info. please visit Allentate.com

Details

Property type

Single Family Residence

Est. home value

$635,645

Lot size

3,920.4 sq ft

Price per sq ft

$274

Year built

2021

Annual property taxes

$5,792

Monthly HOA fee

$125

Price History

10/12/2024
TriangleMLS

TriangleMLS #10046253

Price change
$650,000
-3.7%
08/10/2024
TriangleMLS

TriangleMLS #10046253

Listed
$675,000
+45.69%
06/11/2021
TriangleMLS

TriangleMLS #2319420

Sold
$463,309

Schools & Community

Neighborhood: 

Town Center

Elementary school: 

Wake - Cedar Fork

Middle school: 

Wake - West Cary

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

$192,136
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$405,864
Cash to seller
$192,136

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

Seller’s Loan History

Lender

North State Bank

Loan start date

June 2021

Original loan amount

$438,457

Est. remaining balance

$405,864

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Michelle L Reese Josefsberg and Aron Josefsberg

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 8:40 AM

Listing updated: 11/10/2024 at 3:15 AM

Listed by: Lori Madden, Allen Tate/Cary Phone #: (919) 653-2501

MLS: TriangleMLS #10046253

TriangleMLS logo

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