tomo logo

$445,000

Beds
3
Baths
2.0
sq ft
1,862

3617 Fordham St, Frisco, TX 75036

3617 Fordham St

Frisco, TX 75036

  • 30 days on market
    • Price drop $10,000↓
This sought-after 3-bedroom, 2-bath home in Rivendale by the Lake boasts charming curb appeal with a large, covered rocking chair front porch perfect for relaxing. Step inside to find a spacious kitchen complete with a center island, breakfast bar, granite countertops, stainless steel appliances, and a gas range, ideal for the home chef. The open-concept layout connects the kitchen, dining area, and cozy family room, which features a lovely stone fireplace, making it perfect for entertaining. The home offers a mix of luxury vinyl wood-like plank and carpet flooring, adding both warmth and comfort. The private master retreat features a large ensuite with a garden tub, separate shower, and dual vanities. Outside, the private backyard is beautifully landscaped, offering a patio with a pergola and a small shade tree, perfect for outdoor relaxation. Some appliances will convey with the home, adding extra convenience. Located in a quiet neighborhood with friendly neighbors, this property is just a short walk to the nearby lake and scenic walking trail. The community offers fantastic amenities, including a splash pad, pool with water slides, and playgrounds. Plus, enjoy the benefit of low taxes!

Details

Property type

Single Family Residence

Est. home value

$453,097

Lot size

5,488.56 sq ft

Price per sq ft

$239

Year built

2015

Annual property taxes

$4,241

HOA fee

$375

Price History

11/15/2024
NTREIS

NTREIS #20759521

Price change
$445,000
-2.2%
10/24/2024
NTREIS

NTREIS #20759521

Listed
$455,000
07/22/2021
NTREIS

NTREIS #14588425

Removed

Schools & Community

Elementary school: 

Hackberry

Middle school: 

Lowell Strike

High school: 

Little Elm

Community features: 

Pool, Clubhouse, Park, Playground

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

$74,613
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$334,787
Cash to seller
$74,613

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

Seller’s Loan History

Lender

First Option Mortgage Llc

Loan start date

July 2021

Original loan amount

$360,843

Est. remaining balance

$334,787

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Michael Joseph Brown

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 9:10 AM

Listing updated: 11/16/2024 at 2:07 PM

Listed by: Chanelle Alexander, Orchard Brokerage, LLC Phone #: (844) 819-1373

MLS: NTREIS #20759521

NTREIS logo

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