tomo logo

$524,000

Beds
4
Baths
3.0
sq ft
3,323

1200 S College Ave, Decatur, TX 76234

1200 S College Ave

Decatur, TX 76234

  • 67 days on market
Spacious historic Decatur home on large corner lot. Enjoy the nostalgia of the beautifully refinished original hardwood flooring, original dentil trim, and original doors with glass door knobs. Huge updated eat-in kitchen with stainless steel appliances, gas cooktop, and large granite-topped center island is great for family gatherings and entertaining. Oversized family room with masonry box wood burning fireplace is the perfect setting for game nights. Private office accessible from the master bedroom. Bathrooms have been updated with granite countertops, fixtures, tile flooring and tile shower surrounds. Approximately half of the windows have been replaced with energy efficient dual pane units. Convenient for multi-generational setting with the additional master bedroom with dedicated mini-split HVAC system and ensuite bathroom offering privacy from main living areas. A sparkling pool with a rock waterfall is the centerpiece of the outdoor living space. 12 zone irrigation.

Details

Property type

Single Family Residence

Est. home value

$514,928

Lot size

0.367 acres

Price per sq ft

$158

Year built

1938

Annual property taxes

$8,557

Price History

08/29/2024
NTREIS

NTREIS #20713422

Listed
$524,000
12/07/2018
NTREIS

NTREIS #13882493

Removed

Schools & Community

Elementary school: 

Young

Middle school: 

Decatur

High school: 

Decatur

School district: 

Decatur 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

$163,066
Asking price
$524,000
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$319,014
Cash to seller
$163,066

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

May 2022

Original loan amount

$332,000

Est. remaining balance

$319,014

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Johnny D Cohoon and Laura Anne Sims Cohoon

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: 11/05/2024 at 1:40 PM

Listing updated: 09/25/2024 at 3:05 PM

Listed by: Dean Kellogg, Earthport Properties Realty, LLC Phone #: (817) 829-2356

MLS: NTREIS #20713422

NTREIS logo

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