tomo logo

$490,000

Beds
4
Baths
2.5
sq ft
2,549

1104 Southridge, Salado, TX 76571

1104 Southridge

Salado, TX 76571

  • 69 days on market
    • Price drop $10,000↓
Located in the heart of Mill Creek, this 4 bedroom, 2.5 bath home features multiple living areas, an office, and formal dining (or second downstairs living area). The primary bedroom and bath as well as a half bath are located on the first floor with the other 3 bedrooms, full bath, and play room/movie room upstairs. The kitchen and bathrooms feature granite counters, and the living room showcases a built-in bookcase/media console.

Details

Property type

Single Family Residence

Est. home value

$494,791

Lot size

0.41 acres

Price per sq ft

$193

Year built

1972

Annual property taxes

$8,501

HOA

No

Price History

01/06/2025
CentralTexas

CentralTexas #562670

Price change
$490,000
-2%
11/15/2024
CentralTexas

CentralTexas #562670

Listed
$500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Salado 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

$111,174
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$339,626
Cash to seller
$111,174

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

April 2021

Original loan amount

$369,712

Est. remaining balance

$339,626

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Laura Davis and Arthur J Berryhill

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: 01/24/2025 at 5:05 AM

Listing updated: 01/06/2025 at 11:34 AM

Listed by: Savannah Hennig, Century 21 Bill Bartlett Phone #: (254) 947-5050

MLS: CentralTexas #562670

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