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$145,000

Beds
3
Baths
1.0
sq ft
1,515

1103 Bois D Arc St, Commerce, TX 75428

1103 Bois D Arc St

Commerce, TX 75428

  • 105 days on market
    • Price drop $4,500↓
At the end of a quiet street, near downtown Commerce sits your next home. With 1920s charm and multiple updates - including a new front porch, this home is one of a kind. The home has hardwood floors and can be a perfect forever home or even an investment property. It is near Texas A&M - Commerce and Jim Chapman Lake. Additionally, the City of Commerce in 2023 put out a new Master Plan for Historic Downtown Commerce - envisioning a reinvigorated downtown area.

Details

Property type

Single Family Residence

Est. home value

$164,289

Lot size

9,060.48 sq ft

Price per sq ft

$96

Year built

1925

Price History

10/11/2024
NTREIS

NTREIS #20698994

Price change
$145,000
-3.01%
09/22/2024
NTREIS

NTREIS #20698994

Price change
$149,500
-0.33%
08/09/2024
NTREIS

NTREIS #20698994

Listed
$150,000

Schools & Community

Elementary school: 

Commerce

Middle school: 

Commerce

High school: 

Commerce

School district: 

Commerce 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

$72,710
Asking price
$145,000
Closing costs (~8% of asking)
-$11,600
Est. remaining loan balance
-$60,690
Cash to seller
$72,710

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2019

Original loan amount

$67,500

Est. remaining balance

$60,690

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Ian A Imlach

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: 11/23/2024 at 12:20 PM

Listing updated: 10/11/2024 at 8:56 AM

Listed by: Philip Kaiser, Briggs Freeman Sotheby's Int'l Phone #: (214) 350-0400

MLS: NTREIS #20698994

NTREIS logo

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