tomo logo

$649,000

Beds
5
Baths
4.0
sq ft
3,093

1429 Cherry Blossom Ln, Prosper, TX 75078

1429 Cherry Blossom Ln

Celina, TX 75078

  • 107 days on market
    • Price drop $44,000↓
Meticulously maintained, rare 5-bedroom home built by Highland Homes in the sought-after Lilyana community. The property is ideally located in Prosper ISD, just steps away from a variety of amenities, including a resort-style pool, playground, community center, trails, and Lilyana Elementary School. The open floor plan, complemented by wood flooring throughout, office, large primary suite and secondary bedroom down, offers an ideal space for both work and entertaining. Recent upgrades include a closed-in porch and an expansive covered patio, all surrounded by low-maintenance landscaping and a turfed backyard, perfect for year-round enjoyment.

Details

Property type

Single Family Residence

Est. home value

$727,588

Lot size

5,837.04 sq ft

Price per sq ft

$210

Year built

2017

Annual property taxes

$13,203

HOA fee

$475

Price History

11/14/2024
NTREIS

NTREIS #20696807

Price change
$649,000
-6.35%
10/16/2024
NTREIS

NTREIS #20696807

Price change
$693,000
-0.72%
10/02/2024
NTREIS

NTREIS #20696807

Price change
$698,000
-0.14%

Schools & Community

Elementary school: 

Lilyana

Middle school: 

Lorene Rogers

High school: 

Walnut Grove

Community features: 

Pool, Park, 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

$138,857
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$458,223
Cash to seller
$138,857

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

Seller’s Loan History

Lender

Tomo Mortgage Llc

Loan start date

January 2022

Original loan amount

$544,000

Est. remaining balance

$458,223

Interest rate

2.38%

Loan type

New Conventional, 15 year

Seller

Prakash Venkatakrishnan and Kavitha Bhaskar

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: 11/23/2024 at 3:20 PM

Listing updated: 11/17/2024 at 3:08 PM

Listed by: Jason Clark, Briggs Freeman Sotheby's Int'l Phone #: (214) 351-7100

MLS: NTREIS #20696807

NTREIS logo

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