tomo logo

$950,000

Beds
4
Baths
5.0
sq ft
3,991

1404 Cumberland Dr, Corsicana, TX 75110

1404 Cumberland Dr

Corsicana, TX 75110

  • 227 days on market
Situated on just under 1 acre, this Drane Estates home is the perfect blend of luxury and practicality. Upon entering, you'll be greeted by handsome wood floors that lead you through the well-designed layout. The main level features a dining room, office, and a two-story living room that opens to the outdoors, creating a seamless indoor-outdoor flow. The well-appointed kitchen has great appliances, abundant storage, and a large island, perfect for gathering with loved ones. The family room and breakfast area are perfect space for everyday living. The downstairs bedroom works well as a second primary suite and the media room is ideal for movie night. Upstairs, the expansive owner's retreat will impress and it’s spa-like bath features a walk-through shower, dual vanities, and a relaxing tub. Two additional bedroom suites complete the second floor. The backyard is an entertainer's dream with an outdoor kitchen, covered patio, and a sparkling pool and spa, all with serene sunset views.

Details

Property type

Single Family Residence

Est. home value

$868,380

Lot size

0.931 acres

Price per sq ft

$239

Year built

2015

Annual property taxes

$11,076

Price History

05/10/2024
NTREIS

NTREIS #20612725

Listed
$950,000

Schools & Community

Elementary school: 

Bowie

Middle school: 

Corsicana

High school: 

Corsicana

School district: 

Corsicana 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

$402,781
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$471,219
Cash to seller
$402,781

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2021

Original loan amount

$509,250

Est. remaining balance

$471,219

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Justin Charles Wright and Jennifer M Wright

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 1:45 PM

Listing updated: 12/01/2024 at 4:08 PM

Listed by: Ellen Lewis, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: NTREIS #20612725

NTREIS logo

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