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$349,000

Beds
5
Baths
4.0
sq ft
3,648

1026 N Cedar St, Palestine, TX 75801

1026 N Cedar St

Palestine, TX 75801

  • 65 days on market
    • Price drop $10,000↓
This Spectacular 5BR/4BA Foursquare 2-Story Historic Home offers TIMELESS CHARM met with MODERN LUXURY! From the moment you step inside, you’re greeted by soaring ceilings & custom finishes that offer a unique blend of historical elegance and contemporary comfort including an electric car charging station. Home is ideal for those seeking a B&B-style residence. The kitchen is a culinary haven & equipped w/high-end appliances, ample counter space, & custom cabinetry, making it perfect for both everyday meals and entertaining guests. Each BR is bathed in natural light & provides ample space for large furniture & storage. Convenient Downstairs BR while the upper level hosts 4 additional BRs of which 3 have their own private BAs. The large privacy fenced backyard gives serenity & relaxation in your own inground pool or just to enjoy outdoor activities and gatherings. Don’t Miss This SHOWCASE!

Details

Property type

Single Family Residence

Est. home value

$325,153

Lot size

Unknown

Price per sq ft

$96

Year built

1917

Annual property taxes

$4,548.71

Price History

10/16/2024
TylerTX

TylerTX #24012474

Price change
$349,000
-2.79%
09/05/2024
TylerTX

TylerTX #24012474

Listed
$359,000

Schools & Community

Elementary school: 

Palestine

Middle school: 

Palestine

High school: 

Palestine

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

$31,422
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$289,658
Cash to seller
$31,422

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

Seller’s Loan History

Lender

Aneca Fcu

Loan start date

October 2023

Original loan amount

$292,500

Est. remaining balance

$289,658

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Ayotunde O Kuku

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: 11/10/2024 at 2:25 AM

Listing updated: 10/16/2024 at 1:43 PM

Listed by: Christie M Scroggins, Landmark Realty

MLS: TylerTX #24012474

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