tomo logo

$560,000

Beds
5
Baths
4.0
sq ft
4,018

5501 Pandale Valley Dr, Mckinney, TX 75071

5501 Pandale Valley Dr

McKinney, TX 75071

  • 10 days on market
**A standout feature of this home is its assumable loan with a low 2.875 interest rate, offering qualifying buyers a rare chance to secure attractive terms. ** Experience spacious living with this incredible McKinney home, complete with a private pool at a great price! This beautiful property offers wood floors, and room to breathe in every area. The expansive kitchen boasts granite countertops, a stylish matte black sink, double oven range, and bright white cabinetry. The large living room features a stunning stone fireplace. The backyard has a covered patio, pool, and iron fencing—perfect for entertaining. Upstairs, enjoy a versatile family room, three spacious bedrooms with walk-in closets, a full bath, and a Jack-and-Jill bath. The extraordinary primary suite is a true retreat, complete with a generous sitting area, dual sinks, and a separate tub and shower. **A standout feature of this home is its assumable loan with a low 2.875 interest rate, available to qualifying buyers ** Home is equipped with SOLAR PANELS, great chance to take advantage of energy savings. Located just steps from an elementary school and park, this home is a must-see! With a touch of care, this home offers boundless possibilities for a perfect retreat for family and friends! Buyer and Buyer's Agent responsible for verifying any and all information herein. **Home is not empty

Details

Property type

Single Family Residence

Est. home value

$643,742

Lot size

6,969.6 sq ft

Price per sq ft

$140

Year built

2004

Annual property taxes

$8,330

Monthly HOA fee

$23.67

Price History

11/12/2024
NTREIS

NTREIS #20774906

Listed
$560,000
04/12/2019
NTREIS

NTREIS #14009792

Removed

Schools & Community

Elementary school: 

Minshew

Middle school: 

Dr Jack Cockrill

High school: 

Mckinney Boyd

School district: 

McKinney 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

$207,287
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$307,913
Cash to seller
$207,287

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

July 2021

Original loan amount

$331,837

Est. remaining balance

$307,913

Interest rate

3%

Loan type

FHA, 30 year

Seller

George Gamboa

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: 11/23/2024 at 5:40 AM

Listing updated: 11/14/2024 at 2:49 PM

Listed by: Khadijah Smith, HomeSmart Stars Phone #: (972) 798-5333

MLS: NTREIS #20774906

NTREIS logo

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