tomo logo

$499,900

Beds
5
Baths
3.0
sq ft
3,006

203 Stonebrook Trl, Melissa, TX 75454

203 Stonebrook Trl

Melissa, TX 75454

  • 133 days on market
    • Price drop $25,000↓
MASSIVE PRICE DECREASE! Get Your Piece of Paradise! Enjoy one of the favorite floorplans in Melissa, The Kessler Plan from Meritage Homes. Stone and Brick entry with front covered porch! The Home Offers Excellent updates including Granite tops, stone backsplashes, and palate pleasing colors! Need cabinet space? This home has plenty! Open kitchen concept that leads into your living with tall ceilings! Plenty of space in each bedroom, bathrooms completely updated and plenty of space! Neutral Carpet colors and excellent closet spaces! The neighborhood features plenty of activities, with jogging and biking trails. Right across the street is an amazing Greenbelt! The backyard is extremely private and offering plenty of space to run! Come check out this amazing home before the rates change too much and prices go through the roof!

Details

Property type

Single Family Residence

Est. home value

$510,607

Lot size

5,749.92 sq ft

Price per sq ft

$167

Year built

2019

Annual property taxes

$8,347

Monthly HOA fee

$33.33

Price History

12/11/2024
NTREIS

NTREIS #20700535

Price change
$499,900
-4.76%
12/02/2024
NTREIS

NTREIS #20700535

Price change
$524,900
-5.39%
10/21/2024
NTREIS

NTREIS #20700535

Price change
$554,825

Schools & Community

Elementary school: 

Willow Wood

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Pool, 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

$429,254
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$30,654
Cash to seller
$429,254

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

Seller’s Loan History

Lender

Idaho Housing & Finance Assn

Loan start date

January 2023

Original loan amount

$31,533

Est. remaining balance

$30,654

Interest rate

6.49%

Loan type

FHA, 27 year

Seller

Jamiyl Jamiyl Baker and Mayra Baker

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: 12/25/2024 at 6:30 PM

Listing updated: 12/11/2024 at 8:42 AM

Listed by: Justin Henry, Justin Henry Real Estate Advis Phone #: (817) 400-1807

MLS: NTREIS #20700535

NTREIS logo

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