tomo logo

$475,000

Beds
4
Baths
2.0
sq ft
1,979

2905 Inn Kitchen Way, Mckinney, TX 75071

2905 Inn Kitchen Way

McKinney, TX 75071

  • 95 days on market
    • Price drop $10,000↓
3.125% assumable rate! Investor friendly! Cotton candy pink views with a private tree lined lot, this Prosper ISD beauty is ready for its next buyer. LOWEST PRICE in Timberridge with a low tax rate under 1.5%, this 4 bedroom home is perfect to own or to purchase as an investment property. Home has been perfectly landscaped.Inside upgrades include LVP flooring with an office or flex room upon entering the home. The open kitchen with quartz countertops, stainless appliances, gas cooktop & over counter lighting, invite all your guests to be comfortable in this spacious kitchen. The kitchen opens to the dining & large living room with lots of natural light. The split bedrooms share a large bathroom & one bedroom with LVP flooring. The master sits privately in the back of the home overlooking the tree lined backyard.The owners have extended the back concrete for outdoor entertaining. The garage has custom storage lined walls & all mounted TVs can stay as well as security cameras.

Details

Property type

Single Family Residence

Est. home value

$476,544

Lot size

6,272.64 sq ft

Price per sq ft

$241

Year built

2018

Annual property taxes

$5,696

Monthly HOA fee

$54.17

Price History

11/15/2024
NTREIS

NTREIS #20707080

Price change
$475,000
-2.06%
10/27/2024
NTREIS

NTREIS #20707080

Pending
$485,000
08/19/2024
NTREIS

NTREIS #20678122

Removed

Schools & Community

Elementary school: 

Mike and Janie Reeves

Middle school: 

Lorene Rogers

High school: 

Walnut Grove

School district: 

Prosper 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

$165,906
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$271,094
Cash to seller
$165,906

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

July 2020

Original loan amount

$298,493

Est. remaining balance

$271,094

Interest rate

3.24%

Loan type

FHA, 30 year

Seller

Amelia Keith and Gary Kimmel

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 9:05 AM

Listing updated: 11/15/2024 at 8:52 AM

Listed by: Lorraine Hursman, Coldwell Banker Realty Frisco Phone #: (972) 712-8500

MLS: NTREIS #20707080

NTREIS logo

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