tomo logo

$380,000

Beds
4
Baths
3.0
sq ft
2,786

1400 Richards Cir, Desoto, TX 75115

1400 Richards Cir

DeSoto, TX 75115

  • 241 days on market
    • Price drop $25,000↓
Priced to sell! Sellers new build is finally ready making this home ready for its new owner. Assumable FHA 3.375% interest rate available! Welcome to this stunning four-bedroom, three-bath home on a corner lot in the desirable Meadowbrook Estates. Step inside and be greeted by the spacious and inviting interior, with large rooms that provide an abundance of closet space. The vaulted ceilings and ample windows bath the rooms in natural light, creating a warm and welcoming atmosphere. The master suite is generously sized and accompanied by spacious closets, providing plenty of storage. Solar and battery will be removed and roof repaired prior to closing, if buyer does not wish to assume. The backyard is a true oasis. Take a dip in the refreshing in-ground pool. Entertain family and friends on the covered deck and patio, perfect for barbecues. The eight-foot wooden fence ensures privacy, allowing you to enjoy this delightful outdoor space.

Details

Property type

Single Family Residence

Est. home value

$401,800

Lot size

0.268 acres

Price per sq ft

$137

Year built

1983

Annual property taxes

$9,347

Price History

07/01/2024
NTREIS

NTREIS #20466939

Listed
$380,000
05/08/2024
NTREIS

NTREIS #20466939

Pending
$380,000
04/16/2024
NTREIS

NTREIS #20466939

Price change
$380,000
-6.17%

Schools & Community

Neighborhood: 

Mantle Brook

Elementary school: 

Young

Middle school: 

Desoto West

High school: 

Desoto

School district: 

Desoto 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

$33,076
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$316,524
Cash to seller
$33,076

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

October 2021

Original loan amount

$336,080

Est. remaining balance

$316,524

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Janice Alton Watson and Jared D Watson

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: 07/07/2024 at 5:30 PM

Listing updated: 07/01/2024 at 1:23 PM

Listed by: Brittany Ballard, Canzell Realty, LLC Phone #: (682) 257-3679

MLS: NTREIS #20466939

NTREIS logo

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