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$689,178Estimated home value

Beds
3
Baths
2.0
sq ft
1,614

207 Ellen Ln, Mabank, TX 75156

207 Ellen Ln

Mabank, TX 75156

  • Off market
    • Price drop $48,000↓
PRICE IMPROVEMENT of almost $100k. One year Golf Membership provided to Pinnacle Golf Club for the lucky buyer & MORE! Discounted rate may be available for qualified buyers. Waterfront home in prestigious Gated community of The Enclave at Cedar Creek. Ideally located in a boutique community surrounded by multi-million $ homes. MOVE-IN READY with one of the best OPEN Floor plans, being incredibly efficient with no wasted space. Updated lighting fixtures, raised ceiling, exterior & interior paint, Viking cooktop and low maintenance landscaping. Multiple outdoor entertaining areas, space for pool addition and space for the dogs to roam within the fenced yard. Property is just under one acre! Enjoy lounging on the large wooden deck while sipping on an ice tea under a huge shade tree. Or enjoy roasting s'mores around the firepit on the lakeside patio. Perfect for the ultimate weekend Lake Home retreat or full-time residence. Buy now so you can enjoy an Endless Summer! Furniture negotiable.

Details

Property type

Single Family Residence

Est. home value

$689,178

Lot size

0.81 acres

Price per sq ft

$372

Year built

1998

Annual property taxes

$4,768

Monthly HOA fee

$54.17

Price History

09/13/2024
NTREIS

NTREIS #20528240

Removed
08/23/2024
NTREIS

NTREIS #20528240

Price change
$599,000
-7.42%
04/08/2024
NTREIS

NTREIS #20528240

Price change
$647,000
-7.17%

Schools & Community

Elementary school: 

Malakoff

Middle school: 

Malakoff

High school: 

Malakoff

Community features: 

Lake

School district: 

Malakoff 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

$412,971
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$138,109
Cash to seller
$412,971

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

May 2015

Original loan amount

$172,800

Est. remaining balance

$138,109

Interest rate

3.7%

Loan type

New Conventional, 30 year

Seller

John E Shively

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: Off Market

Tomo last checked: 09/19/2024 at 7:50 PM

Listing updated: 09/06/2024 at 12:30 PM

Listed by: Susan Mooney, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: NTREIS #20528240

NTREIS logo

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