tomo logo

$515,000

Beds
3
Baths
2.0
sq ft
2,101

5201 Lake Bend Dr, Mckinney, TX 75071

5201 Lake Bend Dr

McKinney, TX 75071

  • 43 days on market
    • Price drop $10,000↓
Stunning Single Story home in Villages of Lake Forest. 3 Bedrooms are split, with a French Door Study, 2 Dining rooms. See this stylish and updated home with freshinterior paint, stone accents, art niches &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 areawith Bay windows. Plus a barn-door entry to the remodeled bath with a Soaking tub, frameless shower & dual vanities. McKinny Boyd High is just a few blocks with in this subdivision, plus a community pool & trails.

Details

Property type

Single Family Residence

Est. home value

$487,954

Lot size

8,712 sq ft

Price per sq ft

$246

Year built

2003

Annual property taxes

$6,409

Monthly HOA fee

$38.75

Price History

10/18/2024
NTREIS

NTREIS #20740815

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

NTREIS #20740815

Listed
$525,000
01/19/2022
NTREIS

NTREIS #14733295

Removed

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

$335,767
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$138,033
Cash to seller
$335,767

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

$138,033

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?

Similar Homes Nearby

Price drop
NTREIS
$549,999
3 bd
|
2 ba
|
2,169 sq ft
|
House

5905 Summer Point Dr, Mckinney, TX 75072

NTREIS
$480,000
3 bd
|
2 ba
|
2,102 sq ft
|
House

6812 Allegiance Dr, Mckinney, TX 75071

NTREIS
$519,999
3 bd
|
2 ba
|
2,068 sq ft
|
House

2505 Newton Ln, Mckinney, TX 75071

Status: Active

Tomo last checked: 11/23/2024 at 9:10 AM

Listing updated: 11/05/2024 at 5:12 PM

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

MLS: NTREIS #20740815

NTREIS logo

Recently listed in McKinney

$619,000|4 bd|3.0 ba|House
$459,600|3 bd|3.0 ba|Townhouse
$355,000|3 bd|2.0 ba|House
$449,813|4 bd|4.0 ba|House
$599,000|4 bd|3.0 ba|House
$570,000|5 bd|3.0 ba|House