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$499,990

Beds
3
Baths
2.0
sq ft
2,101

5201 Lake Bend Dr, Mckinney, TX 75071

5201 Lake Bend Dr

McKinney, TX 75071

  • 74 days on market
    • Price drop $15,010↓
NEW PRICE...see this updated one Story home in Villages of Lake Forest. 3 Bedrooms are split, with a French Door Study, 2 Dining rooms, wood floors...no carpets here. Fresh interior paint in nuetral tones, stone accents, art niches & updated lighting. Gourmet Kitchen, island and breakfast bar have granite counters & SS appliances, gas range and island. This Modern kitchen has Tuxedo-style White upper & Black lower cabinetry and island. This central Kitchen opens to both Dining areas & Living room- great for entertaining. The living room has wood floors with a fabulous custom built-in entertainment center- stylish display shelves. See the corner fireplace with stacked stone accent wall. Casual dining leads to the covered patio and large grassy yard. Primary Bedroom is private with wood floors, sitting area and Bay windows. Plus a barn-door entry to the remodeled bath with a modern Soaking tub, frameless shower & dual vanities.The 2nd & 3rd Bedrooms are split, with wood floors & walkways and laundry room. see the updated Full bath has granite counters with a vessel sink, subway tiled shower-tub, modern hardware & lighting. Fresh Interior Paint in Neutral tones-2023. HVAC Trane 12 Ton unit installed in 2024. Kids & Pets will love the private & grassy backyard with a covered patio. Premier location is a quick 10 minute drive to Historic Downtown McKinney, shopping & dining. Plus a Community Pool & extensive trail systems. McKinny Boyd High is just a few blocks with in this subdivision, plus a community pool & trails. McKinney Boyd High is just a few blocks within this subdivision!

Details

Property type

Single Family Residence

Est. home value

$487,954

Lot size

8,712 sq ft

Price per sq ft

$238

Year built

2003

Annual property taxes

$6,409

Monthly HOA fee

$38.75

Price History

11/22/2024
NTREIS

NTREIS #20740815

Price change
$499,990
-2.91%
10/18/2024
NTREIS

NTREIS #20740815

Price change
$515,000
-1.9%
10/10/2024
NTREIS

NTREIS #20740815

Listed
$525,000

Schools & Community

Elementary school: 

Minshew

Middle school: 

Dr Jack Cockrill

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

$322,336
Asking price
$499,990
Closing costs (~8% of asking)
-$39,999
Est. remaining loan balance
-$137,655
Cash to seller
$322,336

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2014

Original loan amount

$175,200

Est. remaining balance

$137,655

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Elvira Lewis and Elvira White Lewis

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: 12/24/2024 at 10:25 AM

Listing updated: 12/07/2024 at 3:08 PM

Listed by: Lynn Slaney, Ebby Halliday, REALTORS Phone #: (972) 335-6564

MLS: NTREIS #20740815

NTREIS logo

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