tomo logo

$590,000

Beds
6
Baths
3.0
sq ft
2,328

216 Edythe Dee Ln, Mabank, TX 75156

216 Edythe Dee Ln

Mabank, TX 75156

  • 181 days on market
    • Price drop $60,000↓
This updated 4-2 sits beneath mature shade trees and just one lot off of open water. Spacious ranch style design with wbfp, 3 bedrooms plus a large bonus room off kitchen that has a murphy bed. Massive covered deck has tongue and groove wood vaulted ceilings with tranquil lake views for breezy outdoor living. Tile baths, apron front farm style sink, furniture kitchen islands, gorgeous white appliances and wine bar with fridge in dining area. The guest cottage is a darling overflow space with 2 bedrooms one of which has built in bunk beds, laundry space for stack unit, kitchenette with brand new retro appliances and living. Excellent vrbo potential with two separate homes and short term rental allowed! Boat lift and double jetski lift have great navigation from protected cove location. Perfect scenic spot to enjoy kayaking, paddle boards throughout this peaceful cove.

Details

Property type

Single Family Residence

Est. home value

$676,197

Lot size

9,801 sq ft

Price per sq ft

$254

Year built

2007

Annual property taxes

$5,190

Price History

08/13/2024
NTREIS

NTREIS #20627676

Price change
$590,000
-9.23%
06/16/2024
NTREIS

NTREIS #20627676

Listed
$650,000
06/06/2024
NTREIS

NTREIS #20627676

Pending
$650,000

Schools & Community

Elementary school: 

Mabank

Middle school: 

Unknown

High school: 

Mabank

School district: 

Mabank 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

$250,514
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$292,286
Cash to seller
$250,514

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

Seller’s Loan History

Lender

Wolfe Financial Inc

Loan start date

May 2020

Original loan amount

$322,050

Est. remaining balance

$292,286

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Thomas L Williams and Heidi M Williams

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: 11/22/2024 at 7:25 PM

Listing updated: 09/05/2024 at 9:09 AM

Listed by: Tammy Hosch, TX Lake & Land Real Estate Phone #: (903) 802-7080

MLS: NTREIS #20627676

NTREIS logo

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