tomo logo

$1,250,000

Beds
4
Baths
4.0
sq ft
4,271

242 Ridgemont Dr, Forney, TX 75126

242 Ridgemont Dr

Heath, TX 75126

  • 107 days on market
    • Price drop $29,900↓
This picturesque 1.57 acre estate in the lush and established neighborhood of The Ridge in Heath offers plenty of living space, tasteful details, trees for privacy, and a tranquil backyard oasis. A lush green lawn with lots of mature trees and a regal circular driveway welcome you to this 4,271 square foot abode. Home has newly painted exterior and some interior rooms. Primary suite, mother-in-law suite, an office, 1 and a half bathrooms, 2 living areas, and 2 dining areas are all located downstairs, with a massive game room with terrace, 2 additional bedrooms, and another full bathroom are located upstairs. Large open kitchen has double ovens and plenty of counter space perfect for hosting parties or family dinners. A commanding stone fireplace warms the spacious main living room, which itself offers views of the backyard oasis. Far enough from the city to give you a sense of quiet comfort but still conveniently located to city amenities.

Details

Property type

Single Family Residence

Est. home value

$1,086,351

Lot size

1.57 acres

Price per sq ft

$293

Year built

2001

Annual property taxes

$15,362

Monthly HOA fee

$50

Price History

08/20/2024
NTREIS

NTREIS #20649507

Price change
$1,250,000
-2.34%
07/15/2024
NTREIS

NTREIS #20649507

Price change
$1,279,900
-1.55%
06/19/2024
NTREIS

NTREIS #20649507

Listed
$1,300,000

Schools & Community

Elementary school: 

Linda Lyon

Middle school: 

Cain

High school: 

Heath

School district: 

Rockwall 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

$21,661
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$1,128,339
Cash to seller
$21,661

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

December 2022

Original loan amount

$1,149,000

Est. remaining balance

$1,128,339

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Christopher Van Parys and Michelle Van Parys

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: 10/04/2024 at 7:45 PM

Listing updated: 09/08/2024 at 3:09 PM

Listed by: Chris Dorward, Keller Williams Rockwall Phone #: (972) 772-7000

MLS: NTREIS #20649507

NTREIS logo

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