tomo logo

$1,295,000

Beds
4
Baths
4.0
sq ft
3,786

720 Inverness Ln, Allen, TX 75002

720 Inverness Ln

Lucas, TX 75002

  • 20 days on market
This STUNNING single-story 2017 custom home in the highly acclaimed Lovejoy ISD offers a seamless blend of timeless elegance and modern sophistication. Floor-to-ceiling windows offer panoramic views of the glistening Pool & Spa on an expansive 1+ acre of professionally landscaped and fully sprinklered grounds, with a mature tree-lined perimeter creating a serene and private retreat. The large covered patio complete with stone fireplace and hearth is designed for year-round entertaining. The chef’s kitchen is a culinary masterpiece with ceiling-height white custom cabinetry, 6 burner gas cooktop & pot filler, double conv ovens, white quartz, large island with seating, farmhouse sink, butler’s & walk-in pantries. Stunning primary retreat, designated office with built-ins, beautiful woodwork, coffered ceilings, guest ste with full bath, hand-scraped hardwoods, plantation shutters, flex space that can serve as 5th bdrm, tankless water heater, Cat-5 wiring, & oversized 3-car garage

Details

Property type

Single Family Residence

Est. home value

$1,134,495

Lot size

1.079 acres

Price per sq ft

$343

Year built

2017

Annual property taxes

$14,000

Monthly HOA fee

$62.5

Price History

09/11/2024
NTREIS

NTREIS #20713101

Listed
$1,295,000
09/06/2024
NTREIS

NTREIS #20713101

Pending
$1,295,000
08/29/2024
NTREIS

NTREIS #20713101

Listed
$1,295,000

Schools & Community

Elementary school: 

Hart

Middle school: 

Willow Springs

High school: 

Lovejoy

School district: 

Lovejoy 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

$724,557
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$466,843
Cash to seller
$724,557

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

Seller’s Loan History

Lender

Guardian Mortgage Co Inc

Loan start date

October 2020

Original loan amount

$510,400

Est. remaining balance

$466,843

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michael David King and Jennifer D King

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 11:15 AM

Listing updated: 09/14/2024 at 3:09 PM

Listed by: Amanda Glass, Coldwell Banker Realty Plano Phone #: (972) 596-9100

MLS: NTREIS #20713101

NTREIS logo

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