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$564,000

Beds
5
Baths
4.0
sq ft
2,866

507 Sheffield Dr, Richardson, TX 75081

507 Sheffield Dr

Richardson, TX 75081

  • 35 days on market
    • Price drop $1,000↓
Rare 5 bedroom, 4 full bath, 1 story home in Richardson! This home has a floorplan that can't be beat! Five bedrooms are all spacious, 4 full bathrooms are perfect for a full house, 3 living areas and 2 dining areas are fantastic for entertaining. While the interior is amazing, the backyard can't be beat! The heated pebble tec pool, hot tub, waterfall, and covered patio create a beautiful backyard oasis, all surrounded by an 8 ft privacy fence. This property has functioned as a short term rental and is a great opportunity for investors who would like a furnished property that is ready for guests on day 1! Furnishings for sale, too!

Details

Property type

Single Family Residence

Est. home value

$531,392

Lot size

9,016.92 sq ft

Price per sq ft

$197

Year built

1974

Annual property taxes

$10,613

Price History

06/23/2024
NTREIS

NTREIS #20628463

Price change
$564,000
-0.18%
05/27/2024
NTREIS

NTREIS #20628463

Listed
$565,000
03/10/2022
NTREIS

NTREIS #14705471

Removed

Schools & Community

Neighborhood: 

Richland Park

Elementary school: 

Richland

Middle school: 

Unknown

High school: 

Berkner

School district: 

Richardson 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

$118,673
Asking price
$564,000
Closing costs (~8% of asking)
-$45,120
Est. remaining loan balance
-$400,207
Cash to seller
$118,673

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

March 2022

Original loan amount

$418,500

Est. remaining balance

$400,207

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Alexandru Midrigan and Ariza Midrigan

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: 07/02/2024 at 8:05 PM

Listing updated: 06/23/2024 at 8:54 PM

Listed by: Angela Hague, The Michael Group Real Estate Phone #: (817) 577-9000

MLS: NTREIS #20628463

NTREIS logo

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