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$1,070,000

Beds
3
Baths
3.0
sq ft
6,180

1120 Elmwood Dr, Abilene, TX 79605

1120 Elmwood Dr

Abilene, TX 79605

  • 196 days on market
Acquire a remarkable piece of Abilene's history with this unique Sugar house located in the charming old Elmwood neighborhood. This art modern gem is one of a kind in Texas, custom-built and exceptionally maintained. Featuring interior walls, ceilings, and floors made of concrete and steel beams, complemented by exterior Austin Stone and distinctive double-pane insulated windows, including beautiful glass bricks. The property boasts a circular driveway, stunning mature trees, an in-ground pool and spa, separate guest quarters, and a full basement with a media room, office, and more. The gourmet kitchen, magnificent living area with a sweeping staircase, and many other captivating features make this home truly special. Benefit from reduced City taxes with the City of Abilene Historic Overlay Zoning designation.

Details

Property type

Single Family Residence

Est. home value

$866,310

Lot size

0.837 acres

Price per sq ft

$174

Year built

1947

Annual property taxes

$17,539

Price History

05/10/2024
NTREIS

NTREIS #20614102

Listed
$1,070,000

Schools & Community

Neighborhood: 

Elmwood

Elementary school: 

Austin

Middle school: 

Mann

High school: 

Abilene

School district: 

Abilene 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

$694,566
Asking price
$1,070,000
Closing costs (~8% of asking)
-$85,600
Est. remaining loan balance
-$289,834
Cash to seller
$694,566

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

Seller’s Loan History

Lender

Countrywide Homes Loans Inc

Loan start date

August 2006

Original loan amount

$458,000

Est. remaining balance

$289,834

Interest rate

6.74%

Loan type

New Conventional, 30 year

Seller

Frank Gregory Shaheen

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?

Status: Active

Tomo last checked: 11/23/2024 at 11:40 AM

Listing updated: 11/01/2024 at 1:32 PM

Listed by: Patricia Knight, Better Homes & Gardens Real Estate Senter, REALTORS Phone #: (325) 695-8000

MLS: NTREIS #20614102

NTREIS logo

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