tomo logo

$699,900

Beds
4
Baths
2.0
sq ft
2,082

321 West Chatham Street, Cary, NC 27511

321 West Chatham Street

Cary, NC 27511

  • <1 day on market
Location, location! Wonderful 1930s bungalow and large porch greet you in. A great opportunity for both now & the future. Home is zoned for commercial use in downtown Cary on W Chatham street & has grossed 50K the last 3 years as a BnB. The potential awaits. Being sold furnished if wish to continue as BnB. Four bedrooms (with 2 down) & two full baths with plenty of parking. Work & storage shed with electricity. Cement Fiber, vinyl windows.

Details

Property type

Single Family Residence

Est. home value

$584,153

Lot size

8,276.4 sq ft

Price per sq ft

$337

Year built

1930

Annual property taxes

$3,718

Price History

03/17/2025
TriangleMLS

TriangleMLS #10082762

Listed
$699,900
+84.18%
03/18/2019
TriangleMLS

TriangleMLS #2186805

Sold
$380,000

Schools & Community

Elementary school: 

Wake - Cary

Middle school: 

Wake - East Cary

High school: 

Wake - Cary

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

$379,720
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$264,188
Cash to seller
$379,720

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

Seller’s Loan History

Lender

Watermark Capital Inc

Loan start date

June 2020

Original loan amount

$293,250

Est. remaining balance

$264,188

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

George Michael Wilson and Diane Wilson

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: Active

Tomo last checked: 03/17/2025 at 6:35 AM

Listing updated: 03/17/2025 at 4:20 AM

Listed by: George Wilson, LPT Realty, LLC Phone #: (919) 376-7193

MLS: TriangleMLS #10082762

TriangleMLS logo

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