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$775,000

Beds
5
Baths
3.5
sq ft
3,348

1805 E Lake Dr, Gladewater, TX 75647

1805 E Lake Dr

Gladewater, TX 75647

  • 173 days on market
    • Price drop $24,000↓
LAKEFRONT living at its FULLEST! This expansive 3,348 sq ft home of 5-bedrooms, 3.5-bathrooms with a loft space features AMPLE storage, large open-concept family/kitchen/dining room with windows that reach the ceiling giving you the most breathtaking view of Lake Gladewater. The split master bedroom is downstairs and has room for a seating area. The master bath features a free-standing soaking tub, separate shower and expansive vanity with 2 sinks. The master bedroom closet will blow your mind. The storage in this closet is more than AMPLE! 2 more bedrooms are downstairs and their sizes are nothing short of spacious. The utility room even has storage for days. Upstairs is 1 full bath, a loft that is currently used as a playroom, and there are 2 very generous bedrooms. Let's not forget the spacious double-door 2-car garage. This massive home will accommodate your entire family, friends and then some. The newly painted covered deck is perfect for entertaining and enjoying the picturesque view of Lake Gladewater. The property's lot that faces the water is level, providing ample space for outdoor activities, unobstructed views of the lake, and easy access to the shoreline. It sits on open ski water- no stumps in sight! If you've been looking for a LAKE HOME, with lots of ROOM, STORAGE, VIEWS and SPACE, this is IT!

Details

Property type

Single Family Residence

Est. home value

$488,542

Lot size

1.00 acres

Price per sq ft

$232

Year built

1987

Annual property taxes

$10,510.45

Price History

04/25/2024
Longview

Longview #20241948

Price change
$775,000
-3%
03/30/2024
Longview

Longview #20241948

Listed
$799,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Union Grove 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

$445,016
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$267,984
Cash to seller
$445,016

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

Seller’s Loan History

Lender

Southwest Funding Lp

Loan start date

June 2020

Original loan amount

$294,500

Est. remaining balance

$267,984

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Jonathan Lezin Louvier and Meghann Mcleroy Louvier

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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1621 E Lake Dr, Gladewater, TX 75647

Status: Active

Tomo last checked: 09/19/2024 at 2:35 PM

Listing updated: 07/18/2024 at 4:13 PM

Listed by: Katie M Ellis, Miller Homes Group - Gladewater Phone #: (903) 374-2104

MLS: Longview #20241948

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