tomo logo

$425,000

Beds
2
Baths
2.0
sq ft
1,220

203 Arvo Lane, Cary, NC 27513

203 Arvo Lane

Cary, NC 27513

  • 18 days on market
Absolutely adorable 2 bedroom/ 2 Bath plus office Ranch in popular Brookgreen. Neat as a pin and tastefully decorated, this home is a dream to show. Flat private fenced backyard for entertaining. Loads of natural light. Plantation Blinds. Open Floor plan. Fireplace. Walk in closet in Primary. Cute front porch. Perfect for first time buyers, empty nesters or investors. Can be sold furnished. Appliances, outdoor firepit and Patio furniture all convey. Close to shopping, dining and other amenities. You will love living here!

Details

Property type

Single Family Residence

Est. home value

$380,451

Lot size

6,534 sq ft

Price per sq ft

$349

Year built

1992

Annual property taxes

$3,093.94

Monthly HOA fee

$10.83

Price History

01/15/2025
TriangleMLS

TriangleMLS #10070879

Listed
$425,000
+14.86%
11/01/2023
TriangleMLS

TriangleMLS #2529300

Sold
$370,000
+100.11%
02/06/2017
TriangleMLS

TriangleMLS #2103491

Sold
$184,900
+36.96%

Schools & Community

Elementary school: 

Wake - Laurel Park

Middle school: 

Wake - Salem

High school: 

Wake - Green Hope

High school district: 

Wake - Green Hope

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

$98,663
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$292,337
Cash to seller
$98,663

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

November 2023

Original loan amount

$296,000

Est. remaining balance

$292,337

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Stephen Fisher

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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Price drop
TriangleMLS
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1234 Kelton Cottage Way, Morrisville, NC 27560

Status: Active

Tomo last checked: 02/02/2025 at 11:50 AM

Listing updated: 02/02/2025 at 5:30 AM

Listed by: Cappy Hagman, Coldwell Banker - HPW Phone #: (919) 960-6300

MLS: TriangleMLS #10070879

TriangleMLS logo

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