tomo logo

$680,000

Beds
4
Baths
3.5
sq ft
2,414

408 Star Magnolia Drive, Morrisville, NC 27560

408 Star Magnolia Drive

Morrisville, NC 27560

  • 4 days on market
Location! Location! Location! Property offers 2414 heated sq ft, 4 bedrooms (or 3 bedrooms and bonus room), 3.5 baths and 2 car detached garage. Wide open kitchen offers 42 inch cherry cabinets, granite countertops, work island, eat at bar, tile backsplash, pantry and stainless steel appliances. Hardwood floors in the foyer, dining room, family room, kitchen, breakfast and 1/2 bath. Interior walls painted 7/2024. 1year Cinch Home Warranty. Neighborhood swimming pool. *SEE PHOTOS FOR FLOOR PLAN*

Details

Property type

Single Family Residence

Est. home value

$612,356

Lot size

6,098.4 sq ft

Price per sq ft

$282

Year built

2006

Annual property taxes

$5,227

Monthly HOA fee

$62

Price History

07/03/2024
TriangleMLS

TriangleMLS #10039335

Listed
$680,000
+13.33%
03/25/2022
TriangleMLS

TriangleMLS #2430654

Sold
$600,000

Schools & Community

Neighborhood: 

Town Center

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

Pool

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

$319,303
Asking price
$680,000
Closing costs (~8% of asking)
-$54,400
Est. remaining loan balance
-$306,297
Cash to seller
$319,303

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

March 2022

Original loan amount

$350,000

Est. remaining balance

$306,297

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

Siddharth Uday Tambe and Vinita Ajit Karbhari

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: 07/07/2024 at 6:30 PM

Listing updated: 07/03/2024 at 7:23 PM

Listed by: Stan Partin, Robbins and Associates Realty Phone #: (919) 481-4500

MLS: TriangleMLS #10039335

TriangleMLS logo

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