tomo logo

$734,000

Beds
5
Baths
3.5
sq ft
2,877

205 Montibello Drive, Cary, NC 27513

205 Montibello Drive

Cary, NC 27513

  • 41 days on market
    • Price drop $15,000↓
LOCATION! LOCATION! Just off I-40, & Harrison toward Cary. Private Wooded .38 AC Lot backing to Community Greenway. Contemporary Feel in an Exterior Traditional Home. ''Frank Lloyd Wright'' Colors Abound. 5 Bedrooms 3.5 Baths, Totally Updated/Remolded in 2019. ALL NEW: Roof, Siding, Windows, Flooring, Kitchen/Appliances, All Permits shown on Cary Website. Large Room off foyer could be another Living area, Office/Homeschool or Dining room. It has French Doors to foyer with another set that open to the enlarged Kitchen w/all NEW appliances. Ref Stays. Large Breakfast Bay & Family/Great Room w/Fireplace Gas logs. New Sliding doors open onto 10X20 Deck overlooking a private wooded Backyard. Super Entertaining Space. Open Staircase to basement where a beautiful Media Center awaits, Wet bar & access to backyard. 3/4 Bath in basement. Basement Access to an amazing Wood Worker's Workshop. Private wooded backyard overlooks Community Greenway.

Details

Property type

Single Family Residence

Est. home value

$614,597

Property condition

Updated/Remodeled

Lot size

0.38 acres

Price per sq ft

$256

Year built

1988

Annual property taxes

$4,608.08

Monthly HOA fee

$25.17

Price History

03/03/2025
TriangleMLS

TriangleMLS #10073024

Price change
$734,000
-2%
02/11/2025
TriangleMLS

TriangleMLS #10073024

Price change
$749,000
-2.09%
01/27/2025
TriangleMLS

TriangleMLS #10073024

Listed
$765,000
+155%

Schools & Community

Elementary school: 

Wake - Reedy Creek

Middle school: 

Wake - Reedy Creek

High school: 

Wake - Cary

High school district: 

Wake - Cary

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Coastal Fcu

Loan start date

November 2021

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

2.3%

Loan type

Stand Alone Second, 10 year

Seller

John Stephen Norwood and Rebecca Wynn Norwood

Lender

Coastal Fcu

Loan start date

May 2020

Original loan amount

$293,000

Est. remaining balance

$213,223

Interest rate

2.82%

Loan type

New Conventional, 15 year

Seller

John Stephen Norwood

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: 03/10/2025 at 4:25 PM

Listing updated: 03/10/2025 at 2:55 PM

Listed by: Ruth Ann Dyer, Fonville Morisey/Midtown Sales Phone #: (919) 872-4450

MLS: TriangleMLS #10073024

TriangleMLS logo

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