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$1,750,000

Beds
4
Baths
4.0
sq ft
4,518

209 Democracy Pl, Apex, NC 27523

209 Democracy Pl

Apex, NC 27523

  • 70 days on market
    • Open house Nov 23
Step into a world of sophistication with this exquisite residence where every detail has been crafted to offer an extraordinary living experience. Nestled in Apex's Heritage Pointe, this home features formal areas as well as an open family room and a gourmet kitchen with top of the line appliances. Abundant natural light accentuates each living space. The open concept living areas are designed for both comfort and style. The great room boasts a modern fireplace with gas logs, while the formal dining area offers an ideal setting for hosting memorable gatherings. The primary suite is a private retreat, complete with a gas log fireplace, a spa-like en-suite bathroom featuring a jetted soaking tub, an expansive shower, dual vanities and a large walk-in closet. Multiple bedrooms on the second level, one with its own en-suite bathroom and two bedrooms with a jack and jill bathroom, accommodates family and guests in comfort. A second-floor recreation room is an added entertainment area for media, games, or hobbies. A third-floor bonus room and half bathroom is an available office area or that flex space that's always needed. Amazing outdoor space with screened porch, 3 car garage, circular drive, private dock, views, and a pond. Located convenient to Apex, RDU, RTP, and Pittsboro.

Details

Property type

Single Family Residence

Est. home value

$1,491,660

Lot size

4.62 acres

Price per sq ft

$388

Year built

2005

Annual property taxes

$7,730.39

Monthly HOA fee

$58.33

Price History

09/13/2024
TriangleMLS

TriangleMLS #10052638

Listed
$1,750,000
+71.57%
04/09/2020
TriangleMLS

TriangleMLS #2302759

Sold
$1,020,000
+10.99%
08/01/2006
TriangleMLS

TriangleMLS #854782

Sold
$919,000

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

$1,274,736
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$335,264
Cash to seller
$1,274,736

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

$335,264

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: 11/23/2024 at 8:10 AM

Listing updated: 11/01/2024 at 4:01 PM

Listed by: Eric C Andrews, Realty World Carolina Prop Phone #: (919) 545-9911

MLS: TriangleMLS #10052638

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