tomo logo

$400,000

Beds
4
Baths
2.0
sq ft
1,874

1113 Chambers Ln, Melissa, TX 75454

1113 Chambers Ln

Melissa, TX 75454

  • 81 days on market
    • Price drop $5,000↓
Welcome home!! Located only a block from the exemplary Melissa ISD, Walking distance to Elementary and Middle School. Walking distance to community park that features a swimming pool as well as a splash pad. Great Accessibility located between the cities of Anna and McKinney, with easy access to Interstate 75, Highway 5, State Highway 121 and State Highway 380. Beautiful single-story home with open floor plan, where heart of the home awaits with a spacious kitchen, tons of space to food prep, & lots of cabinetry large island!! Great family room with open kitchen with island. Huge study with French doors. While entry is warm and charming, the house features a covered patio with extended gazebo to enjoy outdoors. GARBAGE DISPOSAL and NEW ROOF changed in 2021. New Water heater installed in Dec 2023. Melissa is thriving community known for excellent schools, friendly neighborhoods. Enjoy the benefits of living in a rapidly developing area with shopping, restaurants, parks & recreation!

Details

Property type

Single Family Residence

Est. home value

$383,175

Lot size

6,316.2 sq ft

Price per sq ft

$214

Year built

2013

HOA fee

$230

Price History

10/24/2024
NTREIS

NTREIS #20707281

Price change
$400,000
-1.23%
10/03/2024
NTREIS

NTREIS #20707281

Price change
$405,000
-1.22%
09/02/2024
NTREIS

NTREIS #20707281

Listed
$410,000

Schools & Community

Elementary school: 

Melissa

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Pool, Curbs

School district: 

Melissa 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

$50,212
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$317,788
Cash to seller
$50,212

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

September 2021

Original loan amount

$342,000

Est. remaining balance

$317,788

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Nikhil Desu and Sohamsa Naga Deepika Korlepara

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?

Similar Homes Nearby

Price drop
NTREIS
$444,000
4 bd
|
2 ba
|
2,074 sq ft
|
House

1317 Coleman Dr, Melissa, TX 75454

Price drop
NTREIS
$429,000
4 bd
|
2 ba
|
2,045 sq ft
|
House

3011 Teak Dr, Melissa, TX 75454

NTREIS
$415,000
4 bd
|
2 ba
|
2,099 sq ft
|
House

3605 Cottonwood Rd, Melissa, TX 75454

Status: Active

Tomo last checked: 11/23/2024 at 4:15 PM

Listing updated: 10/24/2024 at 2:23 PM

Listed by: Ramadevi Motamarry, REKonnection, LLC Phone #: (972) 914-0989

MLS: NTREIS #20707281

NTREIS logo

Recently listed in Melissa

$479,000|4 bd|2.0 ba|House
$525,000|5 bd|3.0 ba|House
$463,900|4 bd|2.0 ba|House
$799,999|4 bd|5.0 ba|House
$512,000|4 bd|7.0 ba|House
$350,000|3 bd|2.0 ba|House
$661,000|4 bd|3.0 ba|House
$410,000|3 bd|2.0 ba|House
$389,950|3 bd|2.0 ba|House