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$1,195,000

Beds
4
Baths
5.0
sq ft
6,454

504 County Road 1452, Bonham, TX 75418

504 County Road 1452

Bonham, TX 75418

  • 466 days on market
Impressive Executive Country Estate only 40 minutes from McKinney & DFW Metroplex and minutes from the newly built Bois D'Arc Lake in Bonham which is one of the fastest growing areas in Texas. It offers the perfect retreat for retirement or work at home with quick Highway 121 and Highway 82 access yet very secluded, quiet with large mature trees. Fantastic areas for entertaining indoor & outdoor, large media room, huge upstairs game room with a wet bar and a balcony, outdoor living space with fireplace and a 40X30 shop with electric, water & heat for all your toys. Gourmet kitchen has granite counter tops, Viking 6 burner double oven range, builtin Viking Refrigerator-freezer, uge island, walkin pantry plus an additional butlers pantry. It also has an underground wine cellar which doubles as a safe room storm shelter, outside shower and a pool bar. Nice study with lots of builtins. Located less than one mile from Lake Bonham and new Bois D'Arc Lake.

Details

Property type

Single Family Residence

Est. home value

$1,189,760

Lot size

5.981 acres

Price per sq ft

$186

Year built

2005

Price History

08/15/2023
NTREIS

NTREIS #20407828

Listed
$1,195,000

Schools & Community

Elementary school: 

Finleyoate

Middle school: 

Unknown

High school: 

Bonham

School district: 

Bonham 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

$835,223
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$264,177
Cash to seller
$835,223

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 United Bank & Trust Co

Loan start date

March 2007

Original loan amount

$417,000

Est. remaining balance

$264,177

Interest rate

6.23%

Loan type

Not Provided, 30 year

Seller

Bobby Richardson and Angela Richardson

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 1:20 PM

Listing updated: 08/02/2024 at 6:00 PM

Listed by: PAT FOURNIER, FMI REALTY Phone #: (903) 583-4471

MLS: NTREIS #20407828

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