tomo logo

$190,000

Beds
3
Baths
2.0
sq ft
1,010

701 E College St, Sherman, TX 75090

701 E College St

Sherman, TX 75090

  • 116 days on market
    • Price drop $9,900↓
SELLER CONCESSIONS AVAILABLE! Step into this beautifully renovated 3-bedroom, 2-bath home, nestled close to the vibrant heart of Sherman. This charming property boasts a brand new roof, fresh paint inside and out, and new flooring in the bedrooms, giving it a fresh and modern feel. The kitchen will soon be equipped with brand-new appliances, making it perfect for those who love to cook. Located just minutes from all the local amenities, this home offers both comfort and convenience. Don’t miss your chance to live in a newly updated space in one of Sherman’s most desirable areas!

Details

Property type

Single Family Residence

Est. home value

$203,937

Lot size

6,011.28 sq ft

Price per sq ft

$189

Year built

2004

Annual property taxes

$2,916

Price History

10/21/2024
NTREIS

NTREIS #20689325

Price change
$190,000
-4.95%
09/17/2024
NTREIS

NTREIS #20689325

Price change
$199,900
-2.49%
07/30/2024
NTREIS

NTREIS #20689325

Listed
$205,000

Schools & Community

Elementary school: 

Dillingham

Middle school: 

Piner

High school: 

Sherman

School district: 

Sherman 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

$78,227
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$96,573
Cash to seller
$78,227

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2022

Original loan amount

$99,600

Est. remaining balance

$96,573

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Keshab Simkhada and Saroj Aryal

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?

Similar Homes Nearby

NTREIS
$171,000
3 bd
|
2 ba
|
1,112 sq ft
|
House

1104 Patricia Dr, Sherman, TX 75090

NTREIS
$195,000
3 bd
|
2 ba
|
1,324 sq ft
|
House

1417 E Chaffin St, Sherman, TX 75090

Price drop
NTREIS
$210,000
3 bd
|
2 ba
|
1,289 sq ft
|
House

1710 W Hunt St, Sherman, TX 75092

Status: Active

Tomo last checked: 11/23/2024 at 9:45 PM

Listing updated: 10/30/2024 at 10:42 AM

Listed by: Nathan McKenzie, DHS Realty Phone #: (972) 979-8413

MLS: NTREIS #20689325

NTREIS logo

Recently listed in Sherman

$310,000|3 bd|2.0 ba|House
$325,000|3 bd|2.0 ba|House
$749,000|6 bd|3.0 ba|House
$189,900|3 bd|1.0 ba|House
$235,000|3 bd|2.0 ba|House
$475,000|4 bd|2.0 ba|House
$259,900|3 bd|2.0 ba|House
$339,402|3 bd|2.0 ba|House
$307,900|3 bd|2.0 ba|House
$349,000|4 bd|2.0 ba|House