tomo logo

$500,000

Beds
4
Baths
3.0
sq ft
2,737

1431 Palasades Ct, Rockwall, TX 75087

1431 Palasades Ct

Rockwall, TX 75087

  • 64 days on market
    • Price drop $5,000↓
Located in the highly coveted Caruth Lakes, this home showcases the epitome of quality craftsmanship and an incredible 1.5 story layout! Upon walking in, you are greeted with vaulted ceilings, an open concept kitchen & living space and beautiful hardwood floors. The kitchen features ample storage space, a gas stove & a pantry. The 1st floor includes the primary bedroom, 2 other guest bedrooms and an office. The 2nd story includes a spacious game room and a private guest bedroom with a full bathroom. The large primary suite features an ensuite bathroom with dual vanities, a jetted tub and a walk-in closet. Perfect for hosting, the spacious backyard has covered patio & a pergola . The home feeds into Rockwall ISD and is perfectly situated close to walking trails, the community pools and within 10 minutes from downtown Rockwall.

Details

Property type

Single Family Residence

Est. home value

$483,495

Lot size

7,492.32 sq ft

Price per sq ft

$183

Year built

2014

Monthly HOA fee

$43.75

Price History

09/06/2024
NTREIS

NTREIS #20685895

Price change
$500,000
-0.99%
08/23/2024
NTREIS

NTREIS #20685895

Price change
$505,000
08/01/2024
NTREIS

NTREIS #20639095

Removed

Schools & Community

Elementary school: 

Celia Hays

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

$41,255
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$418,745
Cash to seller
$41,255

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

Seller’s Loan History

Lender

Ntfn Inc

Loan start date

May 2022

Original loan amount

$435,000

Est. remaining balance

$418,745

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Michael Robinson and Mary Rachel Robinson

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 9:35 PM

Listing updated: 09/27/2024 at 1:34 PM

Listed by: Natalie Greenwood Dean, Compass RE Texas, LLC Phone #: (214) 814-8100

MLS: NTREIS #20685895

NTREIS logo

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