tomo logo

$1,250,000

Beds
5
Baths
4.0
sq ft
4,551

6798 Martel Pl, Frisco, TX 75035

6798 Martel Pl

Frisco, TX 75035

  • 103 days on market
    • Price drop $49,000↓
*** FRESH PAINT, NEW CARPET *** Beautiful 5 bedroom,4 full bath home in the guard-gated Richwoods community. Exemplary FISD schools. Spacious Master bed and Guest bedroom with two full baths on first floor, hardwood floors. The kitchen is a chef’s dream with huge pantry, spacious island with granite counters, SS appliances ,gas stove. Master bathroom with granite counters, his & hers vanities, separate tub and shower and HUGE walk-in closet. Upstairs area offers 3 additional bedrooms, 2 full baths, game and media room. Community amenities include clubhouse, guardhouse, fitness center, pool, parks, fields & trails leading Richwoods to be recognized as a master planned community. easy access to highway, close to shopping and restaurants.

Details

Property type

Single Family Residence

Est. home value

$1,190,960

Lot size

8,624.88 sq ft

Price per sq ft

$275

Year built

2014

HOA fee

$750

Price History

12/21/2024
NTREIS

NTREIS #20724741

Price change
$1,250,000
-3.77%
09/12/2024
NTREIS

NTREIS #20724741

Listed
$1,299,000
03/24/2021
NTREIS

NTREIS #14511803

Removed

Schools & Community

Elementary school: 

Talley

Middle school: 

Lawler

High school: 

Centennial

Community features: 

Pool, Clubhouse, Fitness Center, Gated, Playground, Sidewalks

School district: 

Frisco 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

$648,602
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$501,398
Cash to seller
$648,602

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$548,000

Est. remaining balance

$501,398

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Nagarchana Madduru and Krishna M Vutukuru

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: 12/24/2024 at 7:00 AM

Listing updated: 12/22/2024 at 4:08 PM

Listed by: Madhu Thakkalpalli, REKonnection, LLC Phone #: (972) 914-0989

MLS: NTREIS #20724741

NTREIS logo

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