tomo logo

$500,000

Beds
5
Baths
4.0
sq ft
3,114

2007 Gerald Ln, Arlington, TX 76001

2007 Gerald Ln

Arlington, TX 76001

  • 91 days on market
    • Price drop $15,000↓
Welcome to your dream home in the heart of the DFW metroplex! This beautifully updated two-story residence is perfectly situated for convenience and entertainment. Located just minutes from major freeways, you'll have easy access to the entire metroplex. Sports enthusiasts will love being near the iconic Cowboys and Rangers stadiums, keeping you close to the action. The home features a luxurious downstairs master suite with a custom walk-in closet and storm shelter, providing privacy and peace of mind. Enjoy a versatile living room on the main level, perfect for cozy family gatherings, while the upstairs game room offers a fantastic space for entertainment. Step outside to your private oasis with a sparkling pool, perfect for relaxing on warm Texas days. Plus, you'll be steps away from Rush Creek Linear Park, offering serene nature trails and outdoor activities. This home has been fully updated, blending modern amenities with timeless charm.

Details

Property type

Single Family Residence

Est. home value

$480,755

Lot size

7,187.4 sq ft

Price per sq ft

$161

Year built

2000

Annual property taxes

$9,810

Monthly HOA fee

$25

Price History

10/17/2024
NTREIS

NTREIS #20697860

Price change
$500,000
-2.91%
08/08/2024
NTREIS

NTREIS #20697860

Listed
$515,000
02/21/2023
NTREIS

NTREIS #20179220

Removed

Schools & Community

Neighborhood: 

Southwest

Elementary school: 

Carol Holt

Middle school: 

Howard

High school: 

Summit

Community features: 

Pool

School district: 

Mansfield 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

$55,629
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$404,371
Cash to seller
$55,629

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

February 2023

Original loan amount

$412,250

Est. remaining balance

$404,371

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Juan S Nunez and Gabriela Castro

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: 11/08/2024 at 10:35 AM

Listing updated: 10/20/2024 at 5:08 PM

Listed by: Edgar Barrera, Realty of America, LLC Phone #: (281) 861-6199

MLS: NTREIS #20697860

NTREIS logo

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