tomo logo

$470,000

Beds
4
Baths
2.0
sq ft
2,309

625 Lake Cove Dr, Little Elm, TX 75068

625 Lake Cove Dr

Little Elm, TX 75068

  • 89 days on market
    • Price drop $10,000↓
THE SELLER IS MOTIVATED AND WILLING TO CONSIDER ALL REASONABLE OFFERS. This home is PRICED BELOW the 2024 CAD APPRAISAL. The seller has a 5.25% assumable loan available. Experience luxury living in this 2021 Trendmaker home with over $75K in premium upgrades. The flexible office can easily convert into a 4th bedroom. Soaring 11ft ceilings and 8ft doors create an open, spacious feel filled with natural light. The kitchen seamlessly connects to the living area and extends to a generous patio, perfect for entertaining. Located just 9 miles from the upcoming Universal Studios, 5 miles from the PGA headquarters, and a short drive to Lake Lewisville, this home offers both luxury and convenience. The community features 4 resort-style pools, parks, clubhouses, fitness centers, a dog park, soccer fields, lakeside trails, and a vibrant event calendar. Don’t miss the opportunity to make this exceptional home yours!

Details

Property type

Single Family Residence

Est. home value

$452,801

Lot size

7,187.4 sq ft

Price per sq ft

$204

Year built

2021

Annual property taxes

$9,755

HOA fee

$213

Price History

08/09/2024
NTREIS

NTREIS #20654108

Price change
$470,000
-2.08%
07/16/2024
NTREIS

NTREIS #20654108

Price change
$480,000
-2.04%
06/22/2024
NTREIS

NTREIS #20654108

Listed
$490,000

Schools & Community

Elementary school: 

Paloma Creek

Middle school: 

Navo

High school: 

Ray Braswell

School district: 

Denton 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

$20,823
Asking price
$470,000
Closing costs (~8% of asking)
-$37,600
Est. remaining loan balance
-$411,577
Cash to seller
$20,823

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

Seller’s Loan History

Lender

Ony Glo Inc

Loan start date

June 2022

Original loan amount

$424,848

Est. remaining balance

$411,577

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Dina Ibrahim

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: 09/19/2024 at 7:40 PM

Listing updated: 09/06/2024 at 3:39 PM

Listed by: Tracy Cavazos, Compass RE Texas, LLC Phone #: (469) 210-8288

MLS: NTREIS #20654108

NTREIS logo

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