tomo logo

$325,500

Beds
4
Baths
2.0
sq ft
2,236

1306 Arp St, Commerce, TX 75428

1306 Arp St

Commerce, TX 75428

  • 70 days on market
    • Price drop $4,500↓
MOTIVATED SELLER! BRING YOUR OFFER! Introducing a captivating one-story home nestled on a spacious corner lot, conveniently located just minutes away from the university and walking distance to the vibrant downtown square! This stunning property boasts 4 bedrooms and 2 bathrooms, offering ample space for comfortable living. Recently remodeled in 2022, this home features modern upgrades including a 17 SEER HVAC unit, roof and stainless steel appliances. The kitchen has been beautifully enhanced with a stylish backsplash, sleek kitchen cabinets and luxurious granite countertops, creating a perfect space for culinary enthusiasts! The owner's bath is a sanctuary of relaxation, showcasing a charming stand-alone bathtub and a separate tiled shower for a spa-like experience. The house is adorned with exquisite wood floors that add warm and elegance to the interior. Step outside and enjoy the front and side porches, complete with recessed lighting for cozy evenings. The backyard welcomes you with a fresh deck and addl fencing. **Seller will not make any repairs but will consider concessions in lieu of repairs with an acceptable offer.**

Details

Property type

Single Family Residence

Est. home value

$268,527

Lot size

0.3 acres

Price per sq ft

$146

Year built

1928

Annual property taxes

$7,622

Price History

11/29/2024
NTREIS

NTREIS #20753922

Price change
$325,500
-1.36%
10/14/2024
NTREIS

NTREIS #20753922

Listed
$330,000
11/02/2022
NTREIS

NTREIS #20116847

Removed

Schools & Community

Elementary school: 

Commerce

Middle school: 

Commerce

High school: 

Commerce

Community features: 

Curbs, Sidewalks

School district: 

Commerce 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

$81,118
Asking price
$325,500
Closing costs (~8% of asking)
-$26,040
Est. remaining loan balance
-$218,342
Cash to seller
$81,118

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

November 2022

Original loan amount

$224,250

Est. remaining balance

$218,342

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Meia Cox

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: 12/23/2024 at 7:55 PM

Listing updated: 12/09/2024 at 2:07 PM

Listed by: Shae Hill, JPAR - Rockwall Phone #: (972) 836-9295

MLS: NTREIS #20753922

NTREIS logo

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