tomo logo

$428,000

Beds
3
Baths
3.0
sq ft
1,827

424 Somerville Dr, Mckinney, TX 75071

424 Somerville Dr

McKinney, TX 75071

  • 111 days on market
    • Price drop $7,000↓
REDUCED! BRING US AN OFFER! Better than new construction. Highland Homes Casey floorplan with several upgraded features such as EcoWater, a whole house water softener & filtration system (value of $7500), Norman shades & upgraded kitchen & 3rd row cabinetry. Charming is what best describes this townhome.One of the larger floor plans built with 1827 sq ft. the main level allows for a large dining area & plenty of room for entertaining which can extend to the front patio.Upstairs has a nice size loft area & bedrooms. Gently lived in and still feels new. Sellers are sad to leave it but the next owners will enjoy the sunlit rooms, additional ceiling fans throughout & charming patio. Trinity Falls offers the best amenities pools, splash pads, sports courts, pavilion, & on-site elementary.The newly opened Lodge which is an event space with catering kitchen, co-working areas, fitness room, pool, event lawn, & dog park not to mention there are miles of walking trails.

Details

Property type

Townhouse

Est. home value

$441,155

Lot size

2,570.04 sq ft

Price per sq ft

$235

Year built

2021

Annual property taxes

$10,060

Monthly HOA fee

$245

Price History

09/12/2024
NTREIS

NTREIS #20683503

Price change
$428,000
-1.61%
09/08/2024
NTREIS

NTREIS #20683503

Price change
$435,000
-5.02%
08/21/2024
NTREIS

NTREIS #20683503

Price change
$458,000
-0.43%

Schools & Community

Elementary school: 

Naomi Press

Middle school: 

Johnson

High school: 

McKinney North

School district: 

McKinney 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

$1,880
Asking price
$428,000
Closing costs (~8% of asking)
-$34,240
Est. remaining loan balance
-$391,880
Cash to seller
$1,880

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

Seller’s Loan History

Lender

Highland Homeloans Llc

Loan start date

September 2022

Original loan amount

$404,164

Est. remaining balance

$391,880

Interest rate

5.22%

Loan type

Not Provided, 30 year

Seller

Russell Marion Carter and Lisa Jan Carter

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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432 Somerville Dr, Mckinney, TX 75071

Status: Active

Tomo last checked: 11/14/2024 at 10:00 AM

Listing updated: 10/30/2024 at 1:27 PM

Listed by: Amy Harris, Coldwell Banker Apex, REALTORS Phone #: (972) 562-5400

MLS: NTREIS #20683503

NTREIS logo

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