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$425,000

Beds
2
Baths
2.0
sq ft
1,123

422 Madison Avenue, Cary, NC 27513

422 Madison Avenue

Cary, NC 27513

  • <1 day on market
    • Open house Sep 21
Welcome to this completely renovated gem, located less than 1 mile from the newly opened Downtown Cary Park. This beautiful ranch home has been meticulously updated to offer modern comfort and style, making it a must-see. Step into the heart of the home, where a stunning kitchen opens to a bright and airy living space with an adjacent family room overlooking the back deck. The kitchen features a large 6-foot island, perfect for meal prep and entertaining, and is adorned with sleek quartz countertops that extend into the beautifully renovated baths. Both full bathrooms have been thoughtfully updated with high-end finishes, adding a touch of luxury.The primary bathroom is a standout feature, boasting dual vanities with beautiful fixtures and a tiled walk-in shower, offering both style and function. This luxurious space adds to the overall appeal of the home, ensuring a spa-like experience every day. Enjoy outdoor living on the spacious deck, which overlooks a large fenced-in backyard—ideal for gatherings, gardening, or simply relaxing in a private oasis. The property backs up to Lexie Lane Park, offering convenient access to a basketball court, softball field, and playground, making it a great spot for recreation and family fun. This home comes with a list of impressive updates completed in 2022, including a new roof, HVAC system and ductwork, hardwood floors, interior and exterior paint, stainless steel appliances, and updated electrical wiring, insulation, plumbing, and light fixtures. The kitchen is complete with slow-close cabinets, while quartz countertops flow throughout the entire home. Additional features include smooth ceilings, gutters with gutter guards, and a concrete driveway with ample parking for your convenience. The front yard has been professionally landscaped, featuring lush sod, mulch beds, and beautiful shrubbery, adding to the home's curb appeal. With its proximity to Downtown Cary, top-notch renovations, and prime location backing up to Lexie Lane Park, this home offers the perfect blend of modern living and community convenience. Don't miss out on this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$387,640

Lot size

0.34 acres

Price per sq ft

$379

Year built

1958

Annual property taxes

$3,242

Price History

09/20/2024
TriangleMLS

TriangleMLS #10053878

Listed
$425,000
+7.59%
12/05/2022
TriangleMLS

TriangleMLS #2480277

Sold
$395,000
+269.16%
07/01/2005
TriangleMLS

TriangleMLS #802023

Sold
$107,000

Schools & Community

Elementary school: 

Wake - Weatherstone

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

-$4,885
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$395,885
Cash to seller
-$4,885

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

Seller’s Loan History

Lender

Central Trust Bank

Loan start date

November 2022

Original loan amount

$404,085

Est. remaining balance

$395,885

Interest rate

6.7%

Loan type

VA, 30 year

Seller

Quinlan Robert Stuart and Emerson Anne Barnhill

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: 09/21/2024 at 1:30 AM

Listing updated: 09/20/2024 at 3:20 PM

Listed by: Gretchen Coley, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10053878

TriangleMLS logo

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