tomo logo

$324,162Estimated home value

Beds
3
Baths
2.0
sq ft
1,661

940 Cotton Exchange Dr, Savannah, TX 76227

940 Cotton Exchange Dr

Savannah, TX 76227

  • Sold On 7/26/2024
    • Price drop $10,000↓
Beautiful home located in the Greenview Village at Savannah addition of Savannah! Throughout the common areas, you'll find easy-to-maintain ceramic tile and engineered wood flooring. New HVAC system, barely a year old! Formal dining room offers versatility, serving as a second living area or study, adapting seamlessly to your lifestyle. Private master suite, accessed through French doors, boasting dual walk-in closets for convenient storage solutions. Indulge in relaxation in the master bathroom, equipped with dual sinks, a jetted tub, and a separate shower. The kitchen is both functional and stylish, featuring stainless steel appliances, Corian countertops, modern white cabinets, and cozy bench seating for casual dining. At the rear of the house, a flex room provides additional space, perfect for a fourth bedroom or multipurpose area. Very active community with plenty of HOA activities throughout the year! Amenities include clubhouse, ponds, gym, parks, pools, and dog park!

Details

Property type

Single Family Residence

Est. home value

$324,162

Lot size

4,399.56 sq ft

Price per sq ft

$190

Year built

2006

Annual property taxes

$5,768

HOA fee

$525

Price History

07/26/2024
NTREIS

NTREIS #20616725

Removed
07/05/2024
NTREIS

NTREIS #20616725

Pending
$315,000
06/27/2024
NTREIS

NTREIS #20616725

Price change
$315,000
-3.08%

Schools & Community

Elementary school: 

Savannah

Middle school: 

Navo

High school: 

Ray Braswell

Community features: 

Pool, Clubhouse, Curbs, Fishing, Fitness Center, Lake, Park, Playground, Racquetball, Sidewalks, Tennis Court(s)

School district: 

Denton 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

$104,855
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$184,945
Cash to seller
$104,855

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

June 2020

Original loan amount

$203,245

Est. remaining balance

$184,945

Interest rate

3.23%

Loan type

FHA, 30 year

Seller

Kaylin Lorona and Samuel J Lorona

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 7:45 PM

Listing updated: 07/26/2024 at 2:58 PM

Listed by: Sarah Brimmage Cave, Keller Williams Realty Allen Phone #: (972) 747-5100

MLS: NTREIS #20616725

NTREIS logo

Recently listed in Savannah

$389,500|4 bd|3.0 ba|House
$355,000|4 bd|3.0 ba|House
$365,000|3 bd|2.0 ba|House
$330,000|4 bd|2.0 ba|House
$519,900|5 bd|4.0 ba|House
$340,000|4 bd|3.0 ba|House