tomo logo

$399,500

Beds
4
Baths
2.0
sq ft
2,017

5257 Sherman Dr, The Colony, TX 75056

5257 Sherman Dr

The Colony, TX 75056

  • 14 days on market
    • Open house Sep 21
This beautifully updated 4-bedroom, 2-bath home offers modern comforts and stylish upgrades. Step inside to discover new luxury vinyl floors that flow seamlessly throughout the home, leading to two separate living areas, one with a cozy fireplace perfect for relaxing evenings. Updated wet bar perfect for entertaining. New lighting and ceiling fans are installed in every room to keep you comfortable year-round. Upgraded second bath, along with a fully renovated master bath featuring stunning double vanities and a modernized shower. This home also features a partially converted garage, providing additional master closet and pantry space to meet your storage needs. The covered carport offers convenient parking for two cars. The outdoor patio provides a great space for enjoying quiet moments outdoors. Location is within minutes from Grandscape, restaurants, and shopping!

Details

Property type

Single Family Residence

Est. home value

$361,610

Lot size

7,143.84 sq ft

Price per sq ft

$199

Year built

1983

Annual property taxes

$6,722

Price History

09/05/2024
NTREIS

NTREIS #20701393

Listed
$399,500
08/11/2022
NTREIS

NTREIS #20088055

Removed

Schools & Community

Elementary school: 

Owen

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

$44,138
Asking price
$399,500
Closing costs (~8% of asking)
-$31,960
Est. remaining loan balance
-$323,402
Cash to seller
$44,138

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

Seller’s Loan History

Lender

Colonial National Mortgage

Loan start date

August 2022

Original loan amount

$332,500

Est. remaining balance

$323,402

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Addison Denton and Tristin Denton

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: 09/20/2024 at 2:25 AM

Listing updated: 09/16/2024 at 1:19 PM

Listed by: Allyson Cobb, EXP REALTY Phone #: (888) 519-7431

MLS: NTREIS #20701393

NTREIS logo

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