tomo logo

$895,000

Beds
4
Baths
5.0
sq ft
5,427

1400 Ridge Rd, Rockwall, TX 75087

1400 Ridge Rd

Rockwall, TX 75087

  • 126 days on market
    • Price drop $27,000↓
Check out the view of Lake Ray Hubbard and Downton Dallas! Step into this amazing three-story home where a marble foyer leads to an open living area with brick fireplace and hardwood floors! The kitchen boasts granite countertops, an island with a cooktop, stainless steel appliances, plenty of counter space, - plus a breakfast nook with a dome ceiling! Step upstairs to the luxurious Owner's Suite featuring a decorative fireplace, a built-in desk & bookshelves. The primary bath is equipped with quartz countertops, separate soaking tub and walk-in shower, his & her vanities, custom closets, and skylights! Two additional bedrooms with baths are on main floor. The basement features a second living area, bedroom, pool bath, & large utility room. This lavish property also includes an in-ground pool, covered patio, a 50x30 insulated shop with HVAC, electric, and a half bath. Just minutes from the heart of Rockwall!

Details

Property type

Single Family Residence

Est. home value

$807,116

Lot size

0.794 acres

Price per sq ft

$165

Year built

1986

Annual property taxes

$12,433

Price History

09/04/2024
NTREIS

NTREIS #20621856

Price change
$895,000
-2.93%
08/23/2024
NTREIS

NTREIS #20621856

Price change
$922,000
-5.44%
07/14/2024
NTREIS

NTREIS #20621856

Price change
$974,999
-2.5%

Schools & Community

Elementary school: 

Reinhardt

Middle school: 

Herman E Utley

High school: 

Rockwall

School district: 

Rockwall 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

$217,114
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$606,286
Cash to seller
$217,114

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

Seller’s Loan History

Lender

American Mortgage Advisers Inc

Loan start date

June 2023

Original loan amount

$615,200

Est. remaining balance

$606,286

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Rafael Hidalgo

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: 10/04/2024 at 8:45 PM

Listing updated: 09/23/2024 at 11:09 AM

Listed by: Eric Hogue, Integrity Plus Realty LLC Phone #: (972) 301-2550

MLS: NTREIS #20621856

NTREIS logo

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