tomo logo

$395,000

Beds
4
Baths
3.0
sq ft
2,265

1505 Pelican Dr, Little Elm, TX 75068

1505 Pelican Dr

Little Elm, TX 75068

  • 89 days on market
    • Price drop $4,999↓
This beautifully maintained One-Story 4-bedroom, 2.5-bathroom home can be yours! Perfect for multigenerational living just a few blocks from the Elementary School!! Enjoy an open concept floor plan with a spacious eat-in kitchen island, large family room, built-in desk bonus, breakfast nook, and formal dining area! Primary bedroom has a luxurious bathroom with separate shower & bath, and walk-in closet. Three other bedrooms, one front facing bedroom that can flex as a multigen bedroom or WFH office, with 2 other bedrooms side facing in a separate wing of the home! Relax in your private backyard under the covered patio or in the lush grass landscape for endless fun and entertainment. This home suits both formal and casual gatherings inside and out! Neighborhood amenities for everyone; a children's playground, multiple community pools, scenic trails, and more! Speak to lender about specialized lending opportunities! SELLER OFFERING CONCESSIONS TOWARDS RATE BUYDOWN WITH THE RIGHT OFFER.

Details

Property type

Single Family Residence

Est. home value

$419,100

Lot size

7,535.88 sq ft

Price per sq ft

$175

Year built

2009

Annual property taxes

$8,403

HOA fee

$243

Price History

12/06/2024
NTREIS

NTREIS #20736797

Price change
$395,000
-1.25%
10/13/2024
NTREIS

NTREIS #20736797

Price change
$399,999
09/26/2024
NTREIS

NTREIS #20736797

Listed
$400,000

Schools & Community

Elementary school: 

Dorothy P Adkins

Middle school: 

Navo

High school: 

Ray Braswell

Community features: 

Pool, Clubhouse, Fitness Center, Park, Playground

School district: 

Denton 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

$60,349
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$303,051
Cash to seller
$60,349

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

Seller’s Loan History

Lender

Encore Bank Na

Loan start date

May 2021

Original loan amount

$327,860

Est. remaining balance

$303,051

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

John Michael Nickle

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: 12/24/2024 at 7:20 PM

Listing updated: 12/08/2024 at 7:42 PM

Listed by: Shawna Fitzgerald, Keller Williams Central Phone #: (469) 467-7755

MLS: NTREIS #20736797

NTREIS logo

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