tomo logo

$690,000

Beds
4
Baths
4.0
sq ft
2,430

5209 Farmington Rd, Sherman, TX 75092

5209 Farmington Rd

Sherman, TX 75092

  • Pending
    • Price drop $9,000↓
Welcome to your private paradise that allows you to get away from it all while being close to everything you need! Step onto the 4 private acres of rolling hills and lush greenery with tranquil views from every window in the house. This family home is oriented in the heart of the woods, with a custom glass roll up door that brings the beauty of the heavily treed acreage right into your living area. Open, versatile floor plan designed for living your best life, with meticulous attention to detail throughout the home, including hand painted walls, abundant natural light, and a layout that will work for even the most discerning of buyers. Enjoy the full covered porch, the pond, the apple, pear, plum, peach, and pecan trees, plus plump blackberries growing on the property. Water and power are available throughout the acreage to give you endless possibilities. Set up for multi-generational living, with two owner suites, a site for an RV with electrical and water hook- ups.

Details

Property type

Single Family Residence

Est. home value

$684,344

Lot size

4.085 acres

Price per sq ft

$284

Year built

2016

Annual property taxes

$11,840

Price History

09/13/2024
NTREIS

NTREIS #20620810

Pending
$690,000
08/25/2024
NTREIS

NTREIS #20620810

Price change
$690,000
-1.29%
06/06/2024
NTREIS

NTREIS #20620810

Price change
$699,000
-6.8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Piner

High school: 

Sherman

School district: 

Sherman 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

$121,679
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$513,121
Cash to seller
$121,679

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

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

October 2021

Original loan amount

$548,250

Est. remaining balance

$513,121

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Ty Crump and Megan Crump

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 8:30 PM

Listing updated: 09/13/2024 at 10:49 PM

Listed by: Brayden Knutson, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: NTREIS #20620810

NTREIS logo

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