tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
2,694

1006 E Lake Dr, Gladewater, TX 75647

1006 E Lake Dr

Gladewater, TX 75647

  • 42 days on market
Secluded 3 bedroom 2 bath home in Gladewater! Walk into an entrance way that opens to a large living room with a beautiful wood burning fireplace. The formal dining room, updated kitchen, bonus room, laundry room and garage are all accessible from the living room. To the right of the entry way are the three bedrooms and two bathrooms. The bathrooms both have updated fixtures. Enjoy mornings, evenings and cooking out on the covered patio. The new storage building provides plenty of storage space and, for those looking to homestead, there is a chicken coop in the back and landscaping in the front that provides plenty of space to do some gardening.

Details

Property type

Single Family Residence

Est. home value

$367,656

Lot size

1.0 acres

Price per sq ft

$158

Year built

1975

Price History

08/05/2024
NTREIS

NTREIS #20694168

Listed
$425,000

Schools & Community

Elementary school: 

Broadway

Middle school: 

Gladewater

High school: 

Gladewater

School district: 

Gladewater 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

$113,986
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$277,014
Cash to seller
$113,986

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

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

June 2021

Original loan amount

$298,000

Est. remaining balance

$277,014

Interest rate

2.98%

Loan type

VA, 30 year

Seller

Patricia D Reazin and John M Reazin Iii

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: 09/16/2024 at 3:20 PM

Listing updated: 08/05/2024 at 9:11 PM

Listed by: Shawn Bryant, BOLD Real Estate Group Phone #: (903) 291-1811

MLS: NTREIS #20694168

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