tomo logo

$195,000

Beds
2
Baths
1.0
sq ft
868

206 College St, Forney, TX 75126

206 College St

Forney, TX 75126

  • 4 days on market
Charming cottage near downtown Forney. Hardwood Floors, mature trees, and a backyard built for entertaining! Busier location, would be the perfect setup for a small home business with easy access. Washer, Dryer, and Refrigerator all to remain. Private backyard complete with a gas grill, firepit and storage shed. Agent owns property and is open to creative financing. Wrap existing note , call for details.

Details

Property type

Single Family Residence

Est. home value

$194,000

Lot size

4,791.6 sq ft

Price per sq ft

$225

Year built

1950

Price History

07/03/2024
NTREIS

NTREIS #20664714

Listed
$195,000
05/07/2021
NTREIS

NTREIS #14520844

Removed
07/05/2019
NTREIS

NTREIS #14073241

Removed

Schools & Community

Elementary school: 

Johnson

Middle school: 

Warren

High school: 

Forney

School district: 

Forney 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

$62,156
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$117,244
Cash to seller
$62,156

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

October 2021

Original loan amount

$124,500

Est. remaining balance

$117,244

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Shirley Jennings

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: 07/07/2024 at 6:00 PM

Listing updated: 07/06/2024 at 12:03 PM

Listed by: Shirley Jennings, Fathom Realty Phone #: (888) 455-6040

MLS: NTREIS #20664714

NTREIS logo

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