tomo logo

$625,000

Beds
3
Baths
3.0
sq ft
2,649

7716 Choctaw Ln, Mckinney, TX 75070

7716 Choctaw Ln

McKinney, TX 75070

  • 190 days on market
    • Price drop $24,000↓
PRICE IMPROVEMENT! Stunning custom Grand home meticulously maintained in coveted Westminster neighborhood of Craig Ranch in FRISCO ISD. Home showcases flexible, open floor plan, soaring, vaulted ceilings and upgraded finishes. Foyer opens to living area which could also be utilized as a study or formal dining room. Gourmet kitchen w-seated island, designer backsplash, quartz countertops, and stainless steel appliances, including gas cooktop. Cozy family room w-fireplace. Light and bright breakfast room. TWO PRIMARY BEDROOMS ON FIRST FLR & an oversized utility room w-space for an office, home gym or craft space. Primary suite w-sitting area and lux ensuite bath w-dual vanities, soaking tub, seamless glass shower and generously sized closet. Upstairs is a loft area perfect for a game room or add'l LA and a secondary bdrm w-WI closet & full bath. Expanded covered patio & plenty of grass for play & pets. BOB privacy fence. Walk to nearby, new Wortham Intermediate School (5th & 6th grades).

Details

Property type

Single Family Residence

Est. home value

$703,853

Lot size

5,837.04 sq ft

Price per sq ft

$236

Year built

2018

Annual property taxes

$12,255

Monthly HOA fee

$37.08

Price History

09/21/2024
NTREIS

NTREIS #20611503

Price change
$625,000
-3.7%
09/11/2024
NTREIS

NTREIS #20611503

Price change
$649,000
-3.85%
08/13/2024
NTREIS

NTREIS #20611503

Listed
$675,000

Schools & Community

Elementary school: 

Comstock

Middle school: 

Scoggins

High school: 

Emerson

Community features: 

Curbs, Park, 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

$245,892
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$329,108
Cash to seller
$245,892

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

February 2021

Original loan amount

$360,000

Est. remaining balance

$329,108

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Barkha Bhatia

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 9:10 AM

Listing updated: 11/10/2024 at 4:08 PM

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

MLS: NTREIS #20611503

NTREIS logo

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