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$1,258,939Estimated home value

Beds
5
Baths
5.0
sq ft
4,683

1600 Enchanted Way, Allen, TX 75002

1600 Enchanted Way

Lucas, TX 75002

  • Off market
    • Price drop $50,000↓
Nestled in the Plano Senior High School District, this sophisticated 1+ acre property offers an open, spacious, and functional layout ideal for multi-generational living and entertaining. Enter through a solid door into a spacious living area with hardwood floors and floor-to-ceiling windows overlooking the expansive backyard. A formal office with glass French doors awaits to the left. The gourmet kitchen features a massive granite island, a breakfast nook, and a butler's pantry leading to the formal dining room. A meticulously designed media room is on the stair landing. The downstairs primary suite and a spacious in-law suite with a private bath provide ultimate comfort and convenience. A covered porte cochere and mudroom offer practical storage for daily essentials. Experience the tranquility of country living at 1600 Enchanted Way, Allen, TX!

Details

Property type

Single Family Residence

Est. home value

$1,258,939

Lot size

1.091 acres

Price per sq ft

$246

Year built

2015

Monthly HOA fee

$63.92

Price History

10/06/2024
NTREIS

NTREIS #20708560

Removed
09/23/2024
NTREIS

NTREIS #20708560

Price change
$1,150,000
-4.17%
08/27/2024
NTREIS

NTREIS #20708560

Listed
$1,200,000

Schools & Community

Elementary school: 

Hunt

Middle school: 

Murphy

High school: 

Unknown

School district: 

Plano 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

$440,657
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$617,343
Cash to seller
$440,657

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2022

Original loan amount

$647,100

Est. remaining balance

$617,343

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Thomas Le and Jenny P Tran

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: Off Market

Tomo last checked: 10/05/2024 at 10:20 PM

Listing updated: 10/05/2024 at 12:34 PM

Listed by: Bettina Sastoque, eXp Realty LLC Phone #: (888) 519-7431

MLS: NTREIS #20708560

NTREIS logo

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