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$660,000

Beds
4
Baths
4.0
sq ft
3,348

1420 Palestine Dr, Prosper, TX 75078

1420 Palestine Dr

Prosper, TX 75078

  • 31 days on market
This exquisite 4-bedroom, 3.5-bathroom home showcases an open floor plan that seamlessly connects multiple living areas. The gourmet kitchen, featuring stainless steel appliances and granite countertops, is a chef's dream. The spacious primary suite offers a luxurious en-suite bathroom, while the home is further enhanced by elegant hardwood floors, soaring ceilings, and large windows that bathe the interior in natural light. The backyard, ideal for entertaining, includes a covered patio and generous yard space. Located in a friendly neighborhood within walking distance to Prosper ISD’s top-rated schools, parks, and close to shopping and entertainment, the property also boasts a home office, and media room with stadium seating.

Details

Property type

Single Family Residence

Est. home value

$615,785

Lot size

7,230.96 sq ft

Price per sq ft

$198

Year built

2006

HOA fee

$332

Price History

08/15/2024
NTREIS

NTREIS #20700222

Listed
$660,000
07/29/2022
NTREIS

NTREIS #20097253

Removed
11/18/2019
NTREIS

NTREIS #14204406

Removed

Schools & Community

Elementary school: 

Charles and Cindy Stuber

Middle school: 

William Rushing

High school: 

Prosper

Community features: 

Pool, Clubhouse, Curbs, Playground, Sidewalks

School district: 

Prosper ISD

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

$68,311
Asking price
$660,000
Closing costs (~8% of asking)
-$52,800
Est. remaining loan balance
-$538,889
Cash to seller
$68,311

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

July 2022

Original loan amount

$555,750

Est. remaining balance

$538,889

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Ahmed Jawwad and Symed Atamash Ahmed

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: 09/16/2024 at 1:15 PM

Listing updated: 08/25/2024 at 1:09 PM

Listed by: Korey Benton, Better Homes & Gardens, Winans Phone #: (972) 774-9888

MLS: NTREIS #20700222

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