tomo logo

$385,000

Beds
4
Baths
3.0
sq ft
2,492

2205 Milo Way, Forney, TX 75126

2205 Milo Way

Forney, TX 75126

  • 49 days on market
    • Price drop $25,000↓
This stunning 4-bedroom, 3-bathroom home offers an open floor plan with luxury plank vinyl flooring and elegant granite countertops throughout. Step outside to enjoy a beautifully designed brick outdoor fireplace and grill, perfect for hosting gatherings. The home backs up to the scenic walking trails of Clements Ranch, offering peaceful nature views right from your backyard. Living in Clements Ranch, you'll enjoy a variety of amenities, including picturesque walking trails, parks, a community pool, and catch-and-release ponds. This is more than just a house—it's your home sweet home!

Details

Property type

Single Family Residence

Est. home value

$393,515

Lot size

4,399.56 sq ft

Price per sq ft

$155

Year built

2020

Annual property taxes

$11,160

Monthly HOA fee

$50

Price History

10/23/2024
NTREIS

NTREIS #20719747

Price change
$385,000
-6.1%
10/04/2024
NTREIS

NTREIS #20719747

Listed
$410,000
10/15/2021
NTREIS

NTREIS #14512870

Removed

Schools & Community

Elementary school: 

Lewis

Middle school: 

Jackson

High school: 

North Forney

Community features: 

Pool, Fishing, Fitness Center, Park, Sidewalks

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

$63,352
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$290,848
Cash to seller
$63,352

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

October 2021

Original loan amount

$312,000

Est. remaining balance

$290,848

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Eric R Halloran and Lillian Halloran

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: 11/22/2024 at 11:05 PM

Listing updated: 11/16/2024 at 2:08 PM

Listed by: Patty Turner, Keller Williams Rockwall Phone #: (972) 772-7000

MLS: NTREIS #20719747

NTREIS logo

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