tomo logo

$1,053,223Estimated home value

Beds
4
Baths
3.5
sq ft
3,407

306 Lochside Drive, Cary, NC 27518

306 Lochside Drive

Cary, NC 27518

  • Off market
The perfect combination in popular Lochmere! This home boasts stylish UPDATES and functional UPGRADES, while maintaining the timeless grace of a classic Lochmere home. Light filled and elegant two-story foyer and family room provide the large OPEN spaces not typically found in homes of this age. Recent updates include Chef's dream kitchen with Wolf induction cooktop, Jenn Air microwave and oven, custom cabinetry, huge quartz island for food prep and conversation. First floor bedroom with ensuite bath and private access to screened porch. Also on the first floor is large office, dining room and breakfast room. Second floor primary bedroom offers a large closet, upgraded spa-like bath with walk in shower and custom cabinets with quartz counters. Other updates include gleaming hardwood flooring throughout the home (except upstairs secondary bedrooms and bonus room), designer light fixtures and ceiling fans, new HVAC (both units, heat and cooling 2023). Outdoor play spaces include a HUGE screened porch, deck and large patio, overlooking a private backyard. Irrigation in front and backyard. Home is within walking distance of Lochmere amenities, including three swimming pools, tennis courts, lakes, and trails. Convenient to downtown Raleigh, RDU, RTP, and Waverly Place. This home offers the perfect blend of functionality, lifestyle, and convenience

Details

Property type

Single Family Residence

Est. home value

$1,053,223

Lot size

0.34 acres

Price per sq ft

$322

Year built

1988

Annual property taxes

$6,319.57

Monthly HOA fee

$63.58

Price History

09/02/2024
TriangleMLS

TriangleMLS #10038156

Removed
$1,095,000
09/02/2024
TriangleMLS

TriangleMLS #10038156

Listed
$1,095,000
08/23/2024
TriangleMLS

TriangleMLS #10038156

Removed
$1,095,000

Schools & Community

Elementary school: 

Wake - Swift Creek

Middle school: 

Wake - Dillard

High school: 

Wake - Athens Dr

Community features: 

Pool, Clubhouse, Lake, Playground, Sidewalks, Tennis Court(s)

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

$620,868
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$386,532
Cash to seller
$620,868

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2022

Original loan amount

$400,000

Est. remaining balance

$386,532

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Julie R Burdick and Ryan Evan Burdick

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 8:00 PM

Listing updated: 09/02/2024 at 3:53 PM

Listed by: Naama Shaked, Berkshire Hathaway HomeService Phone #: (919) 859-3300

MLS: TriangleMLS #10038156

TriangleMLS logo

Recently listed in Cary

$949,000|4 bd|3.0 ba|House
$560,000|3 bd|2.5 ba|House
$1,850,000|5 bd|4.5 ba|House
$1,050,000|4 bd|3.5 ba|House
$1,195,000|4 bd|2.5 ba|House
$1,050,000|4 bd|3.0 ba|House
$450,000|3 bd|2.5 ba|House
$322,095|2 bd|2.0 ba|Condo
$839,000|4 bd|3.0 ba|House