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$655,239Estimated home value

Beds
4
Baths
3.0
sq ft
2,724

8705 Cedar Basin Dr, Mckinney, TX 75071

8705 Cedar Basin Dr

McKinney, TX 75071

  • Sold On 8/28/2024
    • Price drop $20,000↓
Welcome Home! This stunning property was built in 2020 by Chesmar Homes and is perfectly situated on one of the most coveted streets in Trinity Falls! Upgrades abound throughout this meticulously maintained residence and the proximity to the walking trails, green spaces, private lakes, park and playground, with no neighbors in front is phenomenal! The highly sought after Brookville floor plan features an outstanding layout for families or could even work for multi-generational living. The open concept living, kitchen and dining rooms offer vaulted ceilings and the opportunity to extend the living space outside via a wall of sliding doors which open to the amazing covered patio with built in gas, brick fireplace! All 4 bedrooms are split from each other providing the ultimate privacy and relaxation for family and guests and a dedicated office affords a perfect spot to work from home. Enjoy the amazing amenities and lifestyle of Trinity Falls!

Details

Property type

Single Family Residence

Est. home value

$655,239

Lot size

7,579.44 sq ft

Price per sq ft

$232

Year built

2020

Annual property taxes

$15,632

Monthly HOA fee

$125

Price History

08/28/2024
NTREIS

NTREIS #20663040

Removed
08/04/2024
NTREIS

NTREIS #20663040

Pending
$630,000
07/18/2024
NTREIS

NTREIS #20663040

Price change
$630,000
-3.08%

Schools & Community

Elementary school: 

Ruth and Harold Frazier

Middle school: 

Johnson

High school: 

McKinney North

Community features: 

Pool, Clubhouse, Curbs, Fitness Center, Lake, Park, Playground, Sidewalks

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

$69,039
Asking price
$630,000
Closing costs (~8% of asking)
-$50,400
Est. remaining loan balance
-$510,561
Cash to seller
$69,039

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

July 2021

Original loan amount

$548,250

Est. remaining balance

$510,561

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Larenzo Young and Laura Young

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 7:10 PM

Listing updated: 08/29/2024 at 3:03 AM

Listed by: Beverly Wingard, Coldwell Banker Apex, REALTORS Phone #: (972) 562-5400

MLS: NTREIS #20663040

NTREIS logo

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