tomo logo

$407,500

Beds
3
Baths
2.0
sq ft
1,780

2405 Orchid Dr, Mckinney, TX 75072

2405 Orchid Dr

McKinney, TX 75072

  • 95 days on market
    • Price drop $7,500↓
RARE OPPORTUNITY to buy a well maintained home in the heart of McKinney! Close to two major highways, all the stores, schools and restaurants you may need, this home makes living convenient! This stunning home features 3 bedrooms, 2 bathrooms and an open concept floor plan! Step inside to discover a spacious kitchen, dining and living room, with a breakfast area to accommodate your entertainment needs. The primary bedroom features an ensuite bathroom with a large garden tub, a dual sink vanity, a separate shower and a walk-in closet. You will also find a walk-in utility room, a 2 car garage with a large driveway, nestled in a quiet neighborhood that also features a clubhouse with a pool for residents to use freely. Outside you can find a HUGE yard with the perfect opportunity to create the oasis of your dreams. Don't miss out on this chance!

Details

Property type

Single Family Residence

Est. home value

$407,430

Lot size

7,840.8 sq ft

Price per sq ft

$229

Year built

2003

Monthly HOA fee

$66.67

Price History

11/22/2024
NTREIS

NTREIS #20733453

Price change
$407,500
-1.81%
09/19/2024
NTREIS

NTREIS #20733453

Listed
$415,000
07/10/2020
NTREIS

NTREIS #14363510

Removed

Schools & Community

Elementary school: 

Walker

Middle school: 

Faubion

High school: 

Mckinney

School district: 

McKinney 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

$134,628
Asking price
$407,500
Closing costs (~8% of asking)
-$32,600
Est. remaining loan balance
-$240,272
Cash to seller
$134,628

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2020

Original loan amount

$265,109

Est. remaining balance

$240,272

Interest rate

3.24%

Loan type

FHA, 30 year

Seller

Adam M Hartquist and Jamie L Hallam

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 6:40 AM

Listing updated: 11/22/2024 at 9:07 PM

Listed by: Darya Fardi, DHS Realty Phone #: (972) 979-8413

MLS: NTREIS #20733453

NTREIS logo

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