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$957,784Estimated home value

Beds
5
Baths
5.0
sq ft
3,792

309 Covington Way, Colleyville, TX 76034

309 Covington Way

Colleyville, TX 76034

  • Sold On 8/29/2024
    • Price drop $20,000↓
Welcome to this fully updated estate nestled in the highly coveted Monticello subdivision boasting of mature trees & sits on nearly a half acre lot. Step inside & you are greeted by soaring floor to ceiling windows that allow an abundance of natural light to seep in and overlook the resort like pool & tree lined backyard. The formal dining room offers a spacious buffet with built in fridges & the open concept layout also conveniently connects to the music room featuring a fireplace & piano. The kitchen is an entertainers dream & has granite countertops, decorative hood vent, an expansive island, prep kitchen & plenty of cabinet space for ample storage. The spacious primary suite is conveniently located downstairs & the spa like bath with marble & a clawfoot tub is the epitome of relaxation & functionality. Upstairs you'll find a loft & three additional bedrooms 1 with a private ensuite bath & 2 with an ensuite Jack & Jill bath.

Details

Property type

Single Family Residence

Est. home value

$957,784

Lot size

0.462 acres

Price per sq ft

$337

Year built

1990

Annual property taxes

$14,314

Monthly HOA fee

$69.67

Price History

08/28/2024
NTREIS

NTREIS #20642552

Removed
08/04/2024
NTREIS

NTREIS #20642552

Pending
$1,275,000
07/26/2024
NTREIS

NTREIS #20642552

Price change
$1,275,000
-1.54%

Schools & Community

Elementary school: 

Colleyville

Middle school: 

Cross Timbers

High school: 

Grapevine

Community features: 

Curbs, Sidewalks

School district: 

Grapevine-Colleyville 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

$458,202
Asking price
$1,275,000
Closing costs (~8% of asking)
-$102,000
Est. remaining loan balance
-$714,798
Cash to seller
$458,202

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

Seller’s Loan History

Lender

Homeward Mortgage Llc

Loan start date

May 2023

Original loan amount

$726,200

Est. remaining balance

$714,798

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Charles Douglas Larson Jr and Sadie Alexis Larson

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 7:10 PM

Listing updated: 08/30/2024 at 10:10 AM

Listed by: Laurie Wall, The Wall Team Realty Assoc Phone #: (817) 427-1200

MLS: NTREIS #20642552

NTREIS logo

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