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$325,000

Beds
3
Baths
2.0
sq ft
1,335

5109 Griffin Dr, The Colony, TX 75056

5109 Griffin Dr

The Colony, TX 75056

  • 56 days on market
    • Price drop $5,000↓
Welcome to this beautiful modern 3 - bedroom 2- bath home. The homes contemporary exterior design is enhanced by a striking iron front door, elegant cedar wood accents and modern light fixtures that create a warm and inviting curb appeal. Step inside to find engineered wood flooring that provides durability and elegance and updated light fixtures that add to the modern aesthetic. A stylish open concept kitchen features granite counter tops and stainless-steel appliances perfect for hosting. Spacious backyard with patio is ideal for outdoor entertaining or simply relaxing. This home is the perfect combination of modern elegance and outdoor living. Recently updated electrical panel, outlets, switches, and windows.

Details

Property type

Single Family Residence

Est. home value

$344,594

Lot size

6,882.48 sq ft

Price per sq ft

$244

Year built

1974

Annual property taxes

$7,462

Price History

10/15/2024
NTREIS

NTREIS #20725158

Price change
$325,000
-1.52%
09/23/2024
NTREIS

NTREIS #20725158

Price change
$330,000
-2.94%
09/16/2024
NTREIS

NTREIS #20725158

Price change
$340,000
-2.86%

Schools & Community

Elementary school: 

Camey

Middle school: 

Griffin

High school: 

The Colony

School district: 

Lewisville 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

$33,351
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$265,649
Cash to seller
$33,351

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

Seller’s Loan History

Lender

Willow Bend Mortgage Co

Loan start date

October 2021

Original loan amount

$285,000

Est. remaining balance

$265,649

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Julia Tawn Johnston

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: 11/05/2024 at 7:40 PM

Listing updated: 10/15/2024 at 9:10 AM

Listed by: Melissa Renfro, Melissa Renfro Realty Group Phone #: (214) 364-9227

MLS: NTREIS #20725158

NTREIS logo

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