tomo logo

$260,000

Beds
3
Baths
2.0
sq ft
1,239

528 Ridgemont Dr, Allen, TX 75002

528 Ridgemont Dr

Allen, TX 75002

  • 2 days on market
This investment property in Allen, TX, offers great potential with its prime location in a sought-after city known for top-rated schools. While it requires cosmetic updates to modernize, it provides an excellent opportunity for value addition and future growth.

Details

Property type

Single Family Residence

Est. home value

$324,320

Lot size

6,788 sq ft

Price per sq ft

$210

Year built

1977

Price History

11/11/2024
NTREIS

NTREIS #20775540

Listed
$260,000
09/30/2020
NTREIS

NTREIS #14297983

Removed
11/13/2019
NTREIS

NTREIS #14130769

Removed

Schools & Community

Elementary school: 

Boyd

Middle school: 

Ereckson

High school: 

Allen

School district: 

Allen 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

$47,068
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$192,132
Cash to seller
$47,068

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

September 2020

Original loan amount

$211,105

Est. remaining balance

$192,132

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

Tracy A Colom

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?

Status: Active

Tomo last checked: 11/13/2024 at 9:05 PM

Listing updated: 11/12/2024 at 4:13 PM

Listed by: Tommy Williams III, Monument Realty Phone #: (214) 705-7827

MLS: NTREIS #20775540

NTREIS logo

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