tomo logo

$578,000

Beds
3
Baths
4.0
sq ft
2,546

816 Chapel Hill Ln, Mckinney, TX 75069

816 Chapel Hill Ln

McKinney, TX 75069

  • 50 days on market
    • Price drop $1,000↓
Motivated Seller! All Offers Welcome! Discover the charm of Chapel Hill, a hidden gem in McKinney! This serene neighborhood is conveniently located near Highway 75, just under a mile from the vibrant McKinney Town Square and scenic Towne Lake trails. This beautifully refreshed home boasts new paint, lighting, and lovely tile flooring throughout. Enjoy a spacious main-level guest room with an ensuite bath, a cozy living room perfect for relaxation, and versatile space for formal dining or a home office. Upstairs, you'll find a generous flex space, the main bedroom with an ensuite, and a third bedroom with a private bath. Don’t overlook the detached two-story garage, featuring a partially finished upper level—ideal for a mother-in-law suite, studio, or office, with water, sewer, and electricity already in place. Recent updates include two new HVAC systems for added peace of mind. Refrigerator, washer, and dryer convey! Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$508,855

Lot size

4,791.6 sq ft

Price per sq ft

$228

Year built

2006

Annual property taxes

$7,414

HOA fee

$850

Price History

11/08/2024
NTREIS

NTREIS #20739179

Price change
$578,000
-0.17%
10/13/2024
NTREIS

NTREIS #20739179

Price change
$579,000
-1.03%
10/03/2024
NTREIS

NTREIS #20739179

Listed
$585,000

Schools & Community

Elementary school: 

Davis Malvern

Middle school: 

Dr Jack Cockrill

High school: 

Mckinney

School district: 

McKinney 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

$271,890
Asking price
$578,000
Closing costs (~8% of asking)
-$46,240
Est. remaining loan balance
-$259,870
Cash to seller
$271,890

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$265,000

Est. remaining balance

$259,870

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Sarah Stark Sherry

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 8:55 AM

Listing updated: 11/08/2024 at 7:52 AM

Listed by: Eric Boeke, eXp Realty LLC Phone #: (888) 519-7431

MLS: NTREIS #20739179

NTREIS logo

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