tomo logo

$900,000

Beds
5
Baths
6.0
sq ft
3,555

640 Edgewood Ln, Prosper, TX 75078

640 Edgewood Ln

Prosper, TX 75078

  • 23 days on market
    • Price drop $15,000↓
Like new, one-of-a-kind Highland Home located in the coveted Star Trail neighborhood! 5 bedrooms + study, 5 full baths, 1 half bath, 3 car garage, game room, media room, formal dining, sliding doors, extended outdoor living area. Walk into dramatic ceilings in foyer and family room with a floor to ceiling fireplace and tons of natural light. On the main floor you will find the primary suite, guest bed with ensuite, and study. Huge farmhouse kitchen with double oven, gas cooktop and vent hood. Sliders lead out to an oversized covered patio. Utility room with cabinets and sink. Rectangular freestanding tub in master bath. Custom built-ins in both the study, dinning and main floor bedroom. Mud bench. Each room has their own private bath. Wood floors throughout, Plantation Shutters throughout, 8-foot solid core doors and generous upgrades. Media Room has 5-point audio with Martin Logan speakers. Water softener and filtration system. West facing Lot. PROSPER ISD.

Details

Property type

Single Family Residence

Est. home value

$882,087

Lot size

7,405.2 sq ft

Price per sq ft

$254

Year built

2022

Annual property taxes

$16,059

Monthly HOA fee

$127

Price History

11/12/2024
NTREIS

NTREIS #20767870

Price change
$900,000
-1.64%
10/31/2024
NTREIS

NTREIS #20767870

Listed
$915,000
11/10/2022
NTREIS

NTREIS #20054999

Removed

Schools & Community

Elementary school: 

Joyce Hall

Middle school: 

Reynolds

High school: 

Prosper

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

$191,861
Asking price
$900,000
Closing costs (~8% of asking)
-$72,000
Est. remaining loan balance
-$636,139
Cash to seller
$191,861

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2022

Original loan amount

$651,790

Est. remaining balance

$636,139

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Cole Collier and Kaitlan Collier

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 4:05 PM

Listing updated: 11/14/2024 at 6:17 AM

Listed by: Kaitlan Collier, EXP REALTY Phone #: (888) 519-7431

MLS: NTREIS #20767870

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