tomo logo

$319,900

Beds
3
Baths
2.0
sq ft
1,472

505 Middleton Avenue, Cary, NC 27513

505 Middleton Avenue

Cary, NC 27513

  • 39 days on market
    • Price drop $10,000↓
Step into this beautifully renovated end unit, perfectly situated just minutes from Cary Park and the vibrant array of restaurants, shops, and cultural attractions nearby. This three-level townhouse offers modern living with a touch of serenity, blending urban convenience with peaceful charm. The bright and spacious kitchen is a chef's delight, featuring a breakfast nook and a complete suite of brand-new, stainless steel Whirlpool appliances. Every room shines with new light fixtures, ceiling fans, and elegant luxury vinyl plank flooring. The expansive living room, highlighted by a charming fireplace, provides the perfect spot for cozy evenings, while large windows fill the space with natural light. Outside, unwind in your private sanctuary—whether on the fenced-in back patio or the newly built back deck, both are ideal for relaxation or entertaining. Upstairs, sink your feet into plush new carpeting as you retreat to the spacious, renovated primary bedroom. A second bedroom completes the upper level. The lower level is a nice getaway with a newly renovated bathroom and sliding glass doors leading to the outdoor patio This home offers the perfect balance of easy access to downtown amenities and peaceful, serene living. Don't miss out on this incredible opportunity—make this gem your next home today!

Details

Property type

Townhouse

Est. home value

$283,148

Property condition

Updated/Remodeled

Lot size

2,178 sq ft

Price per sq ft

$218

Year built

1984

Annual property taxes

$2,486.03

Monthly HOA fee

$131

Price History

10/30/2024
TriangleMLS

TriangleMLS #10055203

Price change
$319,900
-3.03%
09/27/2024
TriangleMLS

TriangleMLS #10055203

Listed
$329,900
+104.27%
12/20/2018
TriangleMLS

TriangleMLS #2224854

Sold
$161,500
+34.02%

Schools & Community

Elementary school: 

Wake - Northwoods

Middle school: 

Wake - West 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

$204,310
Asking price
$319,900
Closing costs (~8% of asking)
-$25,592
Est. remaining loan balance
-$89,998
Cash to seller
$204,310

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

Seller’s Loan History

Lender

Towne Mortgage Of The Carolinas

Loan start date

December 2018

Original loan amount

$100,000

Est. remaining balance

$89,998

Interest rate

4.83%

Loan type

New Conventional, 30 year

Seller

James Elliott Miller

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?

Similar Homes Nearby

Price drop
TriangleMLS
$324,900
3 bd
|
2.5 ba
|
1,845 sq ft
|
Townhouse

118 Luxon Place, Cary, NC 27513

Price drop
TriangleMLS
$346,000
3 bd
|
2.5 ba
|
1,356 sq ft
|
Townhouse

146 Luxon Place, Cary, NC 27513

TriangleMLS
$350,000
3 bd
|
2.5 ba
|
1,440 sq ft
|
Townhouse

114 Barbary Court, Cary, NC 27511

Status: Active

Tomo last checked: 11/05/2024 at 6:55 PM

Listing updated: 10/30/2024 at 4:36 PM

Listed by: Bill Sewell, Sewell Realty Group Phone #: (919) 961-3765

MLS: TriangleMLS #10055203

TriangleMLS logo

Recently listed in Cary

$630,000|2 bd|2.0 ba|House
$575,000|3 bd|2.5 ba|House
$675,000|4 bd|2.5 ba|House
$274,900|2 bd|1.0 ba|Condo
$274,900|2 bd|1.5 ba|Townhouse
$540,000|3 bd|3.5 ba|Townhouse
$530,000|3 bd|3.0 ba|House
$1,595,000|6 bd|5.5 ba|House