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$1,245,000

Beds
4
Baths
3.5
sq ft
3,557

403 Rutherglen Drive, Cary, NC 27511

403 Rutherglen Drive

Cary, NC 27511

  • 121 days on market
    • Price drop $4,000↓
Priced at tax value, this property offers the perfect opportunity for buyers seeking a home that is move-in ready now and endless potential for future renovations. Located in the prestigious MacGregor Downs Country Club, this 4-bedroom, 3.5-bath property sits on a prime lot with stunning views of the lush 15thfairway. This is your exclusive chance to remodel now or in the future, and transform a home to a gem, like many homeowners and investors have done in this neighborhood, as one of the area's most desirable ones! With a highly sought-after location and expansive backyard, this home is the perfect canvas for a luxurious renovation. Envision an open-concept living area with floor-to-ceiling windows showcasing breathtaking golf course views, a gourmet chef's kitchen, and a master suite oasis with a private terrace. Enjoy world-class amenities including a championship golf course, state-of-the-art clubhouse, tennis and pickleball courts, swimming pool, gym, fine dining, and more. Comparable remodeled homes in this exclusive community are achieving top market. Owner had done remodel blueprints and architect-designed remodel video, provided upon request. House rending is for illustration purpose only, to help buyers envision the potential. Seller can provide the complete set of files to the buyer at no additional cost once under contract.

Details

Property type

Single Family Residence

Est. home value

$1,184,335

Lot size

0.75 acres

Price per sq ft

$351

Year built

1983

Annual property taxes

$10,458.49

Monthly HOA fee

$9.17

Price History

02/19/2025
TriangleMLS

TriangleMLS #10060086

Price change
$1,245,000
-0.32%
02/02/2025
TriangleMLS

TriangleMLS #10060086

Removed
$1,249,000
01/27/2025
TriangleMLS

TriangleMLS #10060086

Listed
$1,249,000

Schools & Community

Elementary school: 

Wake - Briarcliff

Middle school: 

Wake - East Cary

High school: 

Wake - Cary

Community features: 

Clubhouse, Fishing, Fitness Center, Golf, Lake, Playground, 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

$613,006
Asking price
$1,245,000
Closing costs (~8% of asking)
-$99,600
Est. remaining loan balance
-$532,394
Cash to seller
$613,006

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

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

January 2022

Original loan amount

$647,200

Est. remaining balance

$532,394

Interest rate

2.39%

Loan type

New Conventional, 15 year

Seller

William Todd Stoeckel

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 5:40 PM

Listing updated: 02/20/2025 at 3:06 PM

Listed by: Yu Tsang, Southern Properties Group Inc. Phone #: (919) 480-1618

MLS: TriangleMLS #10060086

TriangleMLS logo

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