tomo logo

$499,000

Beds
4
Baths
3.0
sq ft
2,730

1051 County Road 2620, Mineola, TX 75773

1051 County Road 2620

Mineola, TX 75773

  • 250 days on market
    • Price drop $10,000↓
Beautifully remodeled 4 bedroom 3 bath home setting on almost 5 acres. New roof on house, garage and workshop, gutters, paint inside and out, flooring, granite countertops, cabinets, ceiling fans, vanities, plugs, switches and more. This home is great for a large family or family with a mother in law suite. There is also a formal living and dining room or the formal dining room could be an office. Come take a look and make this your new home today. Seller offering a $5000 concession to buyer for use to help with closing costs or rate buy down.

Details

Property type

Single Family Residence

Est. home value

$340,324

Lot size

4.7 acres

Price per sq ft

$183

Year built

1982

Price History

08/27/2024
NTREIS

NTREIS #20511730

Price change
$499,000
-1.96%
07/07/2024
NTREIS

NTREIS #20511730

Price change
$509,000
-2.1%
06/24/2024
NTREIS

NTREIS #20511730

Price change
$519,900
-0.95%

Schools & Community

Elementary school: 

Mineola

Middle school: 

Mineola

High school: 

Mineola

School district: 

Mineola 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

$263,209
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$195,871
Cash to seller
$263,209

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

Seller’s Loan History

Lender

Willow Bend Mortgage Co

Loan start date

March 2023

Original loan amount

$199,500

Est. remaining balance

$195,871

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Jay Dee Wright

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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861 County Road 2310, Mineola, TX 75773

Status: Active

Tomo last checked: 09/20/2024 at 12:50 AM

Listing updated: 08/27/2024 at 10:29 PM

Listed by: Nona Roberts, Competitive Edge Realty LLC Phone #: (972) 200-3685

MLS: NTREIS #20511730

NTREIS logo

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