tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
2,316

5300 Grove Cove Dr, Mckinney, TX 75071

5300 Grove Cove Dr

McKinney, TX 75071

  • 52 days on market
    • Price drop $14,000↓
This gorgeous single story home has three bedrooms PLUS a dedicated office! As you enter you're welcomed with an abundance of natural light thanks to the high ceilings and open floorplan. On trend wood-look flooring leads you from the entry through the kitchen. Private office with French Doors is directly to your left as you enter the home flanked by your formal dining. This kitchen is perfect for entertaining with lots of counter space and extra seating at the island and a window seat! Enjoy two living areas with one being hidden away between split bedrooms! Perfect for a game room, media room or playroom. Escape to the primary suite with extra seating, gorgeous bay window, garden tub, separate shower, dual vanities and walk in closet. Take a load off in the shade of your large covered patio or play some catch in your secluded backyard. Located in Prosper ISD and just minutes to dining, shopping and a major hospital makes this home a must see!

Details

Property type

Single Family Residence

Est. home value

$521,170

Lot size

7,710.12 sq ft

Price per sq ft

$206

Year built

2014

Annual property taxes

$9,610

Monthly HOA fee

$32.5

Price History

10/31/2024
NTREIS

NTREIS #20730322

Price change
$475,000
-2.86%
10/15/2024
NTREIS

NTREIS #20730322

Price change
$489,000
-1.21%
09/17/2024
NTREIS

NTREIS #20730322

Listed
$495,000

Schools & Community

Elementary school: 

John A Baker

Middle school: 

Bill Hays

High school: 

Rock Hill

Community features: 

Pool, Curbs, Sidewalks

School district: 

Prosper 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

$105,070
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$331,930
Cash to seller
$105,070

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2021

Original loan amount

$359,100

Est. remaining balance

$331,930

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Ryan Curtiss Falk and Emily Anne Falk

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: 11/08/2024 at 3:15 PM

Listing updated: 10/31/2024 at 7:48 AM

Listed by: Alexandria Egger, Bishop Country Realty Phone #: (972) 239-9600

MLS: NTREIS #20730322

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