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$475,000

Beds
4
Baths
4.0
sq ft
3,725

1024 Swanson Dr, Palestine, TX 75801

1024 Swanson Dr

Palestine, TX 75801

  • 97 days on market
    • Price drop $4,000↓
Seller is motivated! This stunning, meticulously crafted 4 bed,4 bath home of refined living space is encompassed by a beautifully landscaped, shaded lot on a desirable corner position. This residence epitomizes spacious elegance. Step inside to a welcoming formal living room with views of a serene patio, a formal dining area, and a cozy breakfast nook for casual gatherings. The heart of this home, a vast cook's kitchen, features gleaming granite countertops, modern stainless steel appliances, and an adjoining butler’s kitchen perfectly designed for entertaining. Enjoy the warmth of a large den highlighted by a charming brick fireplace and stylish brick flooring. The primary wing is conveniently located on the main level, offering seclusion, and one bedroom has been transformed into an expansive walk-in closet. Additional amenities include a flexible main room, ideal for a game room or home office, a covered patio leading to a captivating backyard, and an oversized garage.

Details

Property type

Single Family Residence

Est. home value

$472,892

Lot size

0.83 acres

Price per sq ft

$128

Year built

1970

Annual property taxes

$9,924

Price History

09/13/2024
NTREIS

NTREIS #20644849

Price change
$475,000
-0.84%
07/01/2024
NTREIS

NTREIS #20644849

Price change
$479,000
-4.01%
06/14/2024
NTREIS

NTREIS #20644849

Listed
$499,000

Schools & Community

Elementary school: 

Story

Middle school: 

Palestine

High school: 

Palestine

School district: 

Palestine 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

$106,437
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$330,563
Cash to seller
$106,437

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

Seller’s Loan History

Lender

Draper & Kramer Mortgage Corp

Loan start date

June 2022

Original loan amount

$372,000

Est. remaining balance

$330,563

Interest rate

4.4%

Loan type

New Conventional, 15 year

Seller

Russell C Packard and Debra S Packard

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: 09/20/2024 at 3:40 AM

Listing updated: 09/13/2024 at 5:49 PM

Listed by: Janet Gummelt, Fathom Realty Phone #: (888) 455-6040

MLS: NTREIS #20644849

NTREIS logo

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