tomo logo

$1,899,000

Beds
6
Baths
7.0
sq ft
6,924

5302 Berwick Ln, Parker, TX 75002

5302 Berwick Ln

Parker, TX 75002

  • 48 days on market
    • Price drop $51,000↓
Stunning custom home on a 2 acre corner lot in Parker Ranch Estates. This elegant single-story estate was designed for multigenerational living and entertaining. East facing grand entrance leads to formal living and dining rooms in the front of the home. The gourmet kitchen features a gas range, built-in refrigerator, double ovens, ample counter space, and is complemented by a fully equipped second kitchen and two walk-in pantries. The open floor plan seamlessly connects living spaces and bedrooms are thoughtfully located. Half-baths on both sides of the house, gameroom with access to the back patio, plus an interior bonus room leading to the garage. The main living space is lined with massive windows that offer natural light and stunning views of the oversized patio and backyard oasis - private tree and fence lined yard with over 40 rose bushes, fruit trees and thriving vegetable gardens - all supported by an automatic irrigation system. Luxurious primary suite offers dual vanities and two extra large closets. A first-floor second primary suite for your convenience. Spacious secondary bedrooms were designed with walk-in closets, en-suites and dressing rooms. Energy efficient tinted windows and upgraded blinds. Equipped with a back-up generator for your peace of mind. This home is the perfect blend of space, comfort and beauty.

Details

Property type

Single Family Residence

Est. home value

$1,883,655

Lot size

1.993 acres

Price per sq ft

$275

Year built

2016

Annual property taxes

$22,410

Monthly HOA fee

$100

Price History

03/25/2025
NTREIS

NTREIS #20829716

Price change
$1,899,000
-2.62%
02/13/2025
NTREIS

NTREIS #20829716

Listed
$1,950,000

Schools & Community

Elementary school: 

Bolin

Middle school: 

Ford

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

$1,161,593
Asking price
$1,899,000
Closing costs (~8% of asking)
-$151,920
Est. remaining loan balance
-$585,487
Cash to seller
$1,161,593

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 2016

Original loan amount

$713,465

Est. remaining balance

$585,487

Interest rate

3.54%

Loan type

Not Provided, 30 year

Seller

Syed Shah and Shida Sultana

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: 04/02/2025 at 4:15 PM

Listing updated: 03/30/2025 at 3:07 PM

Listed by: Tom Grisak, Keller Williams Realty Allen Phone #: (972) 747-5100

MLS: NTREIS #20829716

NTREIS logo

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