tomo logo

$1,099,000

Beds
4
Baths
4.0
sq ft
3,852

5112 N Meadow Ridge Cir, Mckinney, TX 75072

5112 N Meadow Ridge Cir

McKinney, TX 75072

  • 80 days on market
    • Price drop $50,000↓
$50,000 PRICE IMPROVEMENT! STUNNING ESTATE with pool backs to gorgeous Stonebridge Ranch Hills hole #7. This 4 bedroom exudes opulence & feels like resort style living. Offering 3 spacious living areas, 4 roomy bedrooms + study, 3 full and 1 half bath, this lovely home provides the perfect space for family and friends to gather. The gorgeous kitchen has been updated with striking Quartzite on counters and backsplash, huge island, painted cabinets & remodeled butlers pantry. The backyard is the envy of all with a refreshing pool, large yard that slopes down the golf course and of course, those incredible views of the creek, lake and golf course. So many fabulous upgrades and features throughout including windows, solid core doors, hardwood flooring, over $10,000 in recent lighting upgrades, bath updates,stair railing remodel, new appliances, outdoor kitchen with retractable lighted awning, patio & pool resurfacing & more! Wired for generator. Excellent storage + 3 car oversized garage!

Details

Property type

Single Family Residence

Est. home value

$957,847

Lot size

0.48 acres

Price per sq ft

$286

Year built

1997

Annual property taxes

$12,341

Monthly HOA fee

$78.33

Price History

09/06/2024
NTREIS

NTREIS #20649371

Price change
$1,099,000
-4.35%
07/12/2024
NTREIS

NTREIS #20649371

Price change
$1,149,000
-3.36%
06/30/2024
NTREIS

NTREIS #20649371

Listed
$1,189,000

Schools & Community

Elementary school: 

Glenoaks

Middle school: 

Dowell

High school: 

Mckinney Boyd

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

$396,025
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$615,055
Cash to seller
$396,025

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

March 2022

Original loan amount

$647,200

Est. remaining balance

$615,055

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Norman Russell Smith and Judith Lynn Smith

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 8:40 PM

Listing updated: 09/09/2024 at 2:19 PM

Listed by: Laura Robertson, Keller Williams Realty Allen Phone #: (972) 747-5100

MLS: NTREIS #20649371

NTREIS logo

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