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$675,000

Beds
3
Baths
2.0
sq ft
1,740

112 Pearce Dr, Pottsboro, TX 75076

112 Pearce Dr

Pottsboro, TX 75076

  • 100 days on market
    • Price drop $24,900↓
TWO homes and 6.27 acres. Plenty of room to build a Large custom home in the back 5 acres. Both existing homes are in very good shape. One is currently leased out and the second would be a good rental if not used as a primary. The main two bedroom home is 1140 sq ft. The second home also off Pearce St. is a renovated 600 sq ft one bedroom home, currently rented out. There are multiple outbuildings including a 10 bay garage with garage doors that holds up to 14 cars, cement flooring and eclectic. There is a garage work shop and a large two bay RV carport. Lines and measurements are estimates. Survey was lost over time but you can verify with the appraisal district. The property will be listed only till the end of December. Listing agent will need to be present for house showing.

Details

Property type

Single Family Residence

Est. home value

$448,615

Lot size

6.27 acres

Price per sq ft

$388

Year built

1952

Annual property taxes

$3,018

Price History

07/04/2024
NTREIS

NTREIS #20640446

Price change
$675,000
-3.56%
06/11/2024
NTREIS

NTREIS #20640446

Listed
$699,900
01/01/2024
NTREIS

NTREIS #20191402

Removed

Schools & Community

Elementary school: 

Pottsboro

Middle school: 

Pottsboro

High school: 

Pottsboro

School district: 

Pottsboro 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

$559,212
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$61,788
Cash to seller
$559,212

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

November 2011

Original loan amount

$86,600

Est. remaining balance

$61,788

Interest rate

4.09%

Loan type

New Conventional, 30 year

Seller

Gregor T Schwarz

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: 09/19/2024 at 11:05 PM

Listing updated: 07/04/2024 at 3:43 PM

Listed by: William Rowe, Jason Mitchell Real Estate Phone #: (469) 400-0107

MLS: NTREIS #20640446

NTREIS logo

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