tomo logo

$520,000

Beds
4
Baths
3.0
sq ft
2,518

2408 Forest Gate Dr, Little Elm, TX 75068

2408 Forest Gate Dr

Little Elm, TX 75068

  • 121 days on market
Rare opportunity in the established and sought after Eldorado Estates community. Great location with convenient access to shopping, restaurants, the Dallas North Tollway, HWY 380, and HWY 121. Just in time for summer, enjoy the recreation of Lewisville Lake just a short distance away. See the pride of ownership in this well cared for home. Enjoy the soaring 10 foot ceilings, amble custom built in shelving, crown molding, granite counters, easy clean LVP and tile floors, cooling ceiling fans, bright recessed lighting, spacious primary suite and stylishly appointed luxurious primary bath and bonus closet storage space. Recent updates include a new dishwasher, a new microwave, roof was replaced in 2021, decorative lighting, and recently replaced water heaters. For a full list of impressive updates, see attached documents. Enjoy the shade under the rear covered patio and oversized private back yard! This is a must see! Designated office doubles as a 5th bedroom.

Details

Property type

Single Family Residence

Est. home value

$511,925

Lot size

0.24 acres

Price per sq ft

$207

Year built

2005

Annual property taxes

$7,746

Monthly HOA fee

$42.92

Price History

07/24/2024
NTREIS

NTREIS #20683228

Listed
$520,000

Schools & Community

Elementary school: 

Brent

Middle school: 

Lakeside

High school: 

Little Elm

Community features: 

Pool, Curbs, Playground, Sidewalks

School district: 

Little Elm 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

$309,936
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$168,464
Cash to seller
$309,936

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

Seller’s Loan History

Lender

Colonial National Mortgage

Loan start date

September 2015

Original loan amount

$208,000

Est. remaining balance

$168,464

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Timothy S Sullivan and Stacie Sullivan

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: 11/23/2024 at 2:45 PM

Listing updated: 08/22/2024 at 4:40 PM

Listed by: William Harris, Local Realty Agency Phone #: (972) 381-2758

MLS: NTREIS #20683228

NTREIS logo

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