tomo logo

$500,000

Beds
3
Baths
2.0
sq ft
2,211

2003 Terry Ct, Melissa, TX 75454

2003 Terry Ct

Melissa, TX 75454

  • 170 days on market
    • Price drop $19,000↓
Welcome home to this almost new home situated on a private cul-de-sac lot in a sought after master planned community. As you approach, you'll be captivated by the beautiful curb appeal that sets the stage for what's to come. Step inside to discover a thoughtfully designed interior featuring engineered wood floors that exude both warmth and elegance. The plantation shutters, upgraded light fixtures & cabinet hardware on all cabinetry add a touch of sophistication to every room. A private study is perfect for those who work from home. The primary bedroom offers a serene retreat. Outside, the large extended arbor patio provides ample space for outdoor relaxation and entertaining. Whether you're looking to unwind with a good book or host a barbecue, this outdoor oasis has you covered. Meet your neighbors in the “Stars and Stripes” Clubhouse. Cool off in the community pool with splash pad or play on the sports court. Neighborhood elementary school provides for learning and friendships!

Details

Property type

Single Family Residence

Est. home value

$491,319

Lot size

7,056.72 sq ft

Price per sq ft

$227

Year built

2019

Annual property taxes

$7,575

Monthly HOA fee

$58.33

Price History

08/28/2024
NTREIS

NTREIS #20623394

Price change
$500,000
-3.66%
08/11/2024
NTREIS

NTREIS #20623394

Price change
$519,000
-1.14%
06/06/2024
NTREIS

NTREIS #20623394

Listed
$525,000

Schools & Community

Elementary school: 

Harry Mckillop

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Pool, Clubhouse, Lake, Park, Playground

School district: 

Melissa 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

$244,102
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$215,898
Cash to seller
$244,102

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

Seller’s Loan History

Lender

Security National Mortgage Co

Loan start date

December 2019

Original loan amount

$239,200

Est. remaining balance

$215,898

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Lisa A Madison and Bryon D Atchison

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: 11/23/2024 at 1:45 PM

Listing updated: 09/04/2024 at 10:59 AM

Listed by: Lori Vaden, Compass RE Texas, LLC Phone #: (469) 210-8288

MLS: NTREIS #20623394

NTREIS logo

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