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$388,000

Beds
3
Baths
2.0
sq ft
2,112

5001 Country Ln, Sherman, TX 75092

5001 Country Ln

Sherman, TX 75092

  • 42 days on market
Beautiful 3 bed 2 bath ranch style home on 1 acre in west Sherman! This home has been well taken care of throughout the years. Spacious kitchen with beautiful cabinetry and granite counters. Large living room with dry bar & formal dining room are both off the kitchen. The formal dining area has a wood burning stove and this space could be used as a second living area. The primary bedroom features a bathroom en-suite with tasteful updates and walk-in shower. Large secondary bedrooms ensure plenty of space for everyone! Retreat outback to your private oasis. The screened in porch overlooks the pool and hot tub. This backyard space with mature trees is the perfect place to cool off in the summer or soak in the hot tub on those chilly days. The property sits on a corner lot allowing side road access to the detached garage, and the additional workshop with lean-to storage. The main home also has an attached 2 car garage so there is plenty of room for all of your vehicles, hobbies, & storage

Details

Property type

Single Family Residence

Est. home value

$384,441

Lot size

1.017 acres

Price per sq ft

$184

Year built

1979

Annual property taxes

$7,420

Price History

08/08/2024
NTREIS

NTREIS #20696883

Listed
$388,000
08/13/2020
NTREIS

NTREIS #14303389

Removed

Schools & Community

Elementary school: 

Henry W Sory

Middle school: 

Sherman

High school: 

Sherman

School district: 

Sherman 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

$136,574
Asking price
$388,000
Closing costs (~8% of asking)
-$31,040
Est. remaining loan balance
-$220,386
Cash to seller
$136,574

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

August 2020

Original loan amount

$241,544

Est. remaining balance

$220,386

Interest rate

3.13%

Loan type

FHA, 30 year

Seller

Jennifer Lynn Savage and Christa Lee Savage

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: 09/19/2024 at 2:30 PM

Listing updated: 08/08/2024 at 5:10 PM

Listed by: Cory Meals, eXp Realty LLC Phone #: (888) 519-7431

MLS: NTREIS #20696883

NTREIS logo

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