tomo logo

$1,675,000

Beds
4
Baths
4.0
sq ft
4,500

209 Democracy Pl, Apex, NC 27523

209 Democracy Pl

Apex, NC 27523

  • 16 days on market
Welcome to this stunning brick home nestled on over 4.5 acres in Heritage Pointe, Apex! Boasting picturesque pond views and surrounded by nature, this waterfront property offers unparalleled tranquility. Inside, you'll find rich hardwood floors, plantation shutters, and intricate trim throughout. The Chef's kitchen is a dream, featuring top-of-the-line Dacor and Bosch appliances, custom crowned cabinetry, a prep island, and a second island with bar seating, along with a walk-in pantry and bright breakfast area. The spacious family room offers a soaring cathedral ceiling and a stone fireplace. The main floor owner's suite features a trey ceiling, private porch access, a cozy fireplace, and two walk-in closets. The spa-like bath includes dual granite vanities, a jetted tub, and a tiled shower. The main floor also offers a formal living room, elegant dining room, and laundry room. Upstairs, you'll find two bedrooms with a Jack-and-Jill bath, a third bedroom with an en-suite, and a large bonus room. A third-floor bonus room with a powder room adds extra versatility. Enjoy the screened porch, back deck, and the privacy of the fenced backyard with wooded views. Additional features include a 3-car garage, circular driveway, covered front porch, lush landscaping, chicken coop, and a private dock. Just down the road, a neighborhood trail leads to Jordan Lake. Conveniently located near Chapel Hill, Apex, Holly Springs, and major highways like US-64 and the Triangle Expressway!

Details

Property type

Single Family Residence

Est. home value

$1,491,660

Lot size

4.62 acres

Price per sq ft

$373

Year built

2005

Annual property taxes

$7,730.3

Monthly HOA fee

$58.33

Price History

02/07/2025
TriangleMLS

TriangleMLS #10075340

Listed
$1,675,000
-4.29%
12/26/2024
TriangleMLS

TriangleMLS #10052638

Removed
$1,750,000
09/13/2024
TriangleMLS

TriangleMLS #10052638

Listed
$1,750,000
+71.57%

Schools & Community

Elementary school: 

Chatham - N Chatham

Middle school: 

Chatham - Margaret B Pollard

High school: 

Chatham - Seaforth

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

$1,207,795
Asking price
$1,675,000
Closing costs (~8% of asking)
-$134,000
Est. remaining loan balance
-$333,205
Cash to seller
$1,207,795

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

April 2020

Original loan amount

$370,000

Est. remaining balance

$333,205

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Shayne D Smith and Janeen T Smith

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: 02/23/2025 at 2:35 PM

Listing updated: 02/19/2025 at 8:01 PM

Listed by: Linda Trevor, Compass -- Cary Phone #: (919) 769-1956

MLS: TriangleMLS #10075340

TriangleMLS logo

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