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$312,000

Beds
3
Baths
2.0
sq ft
1,922

220 Sherwood Ln, Desoto, TX 75115

220 Sherwood Ln

DeSoto, TX 75115

  • 3 days on market
WOW! PRICED TO SELL TODAY! This stunning home offers a fantastic open-concept floor plan designed for modern living. The large living room showcases beautiful wood beams and a gorgeous, floor-to-ceiling decorative fireplace, flowing into a second living area or sunroom with a study. Perfect for entertaining, the home features a formal dining room ready for holiday gatherings. The spacious master bedroom includes a luxurious garden tub and separate shower, along with large secondary bedrooms. Enjoy the huge backyard, complete with towering trees and a storage building. Situated in an excellent location with easy access to IH-35 and 1382

Details

Property type

Single Family Residence

Est. home value

$307,261

Lot size

0.239 acres

Price per sq ft

$163

Year built

1978

Annual property taxes

$6,308

Price History

09/25/2024
NTREIS

NTREIS #20738046

Listed
$312,000
12/11/2019
NTREIS

NTREIS #14197892

Removed

Schools & Community

Elementary school: 

Amber Terrace

Middle school: 

Desoto West

High school: 

Desoto

School district: 

Desoto 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

$172,915
Asking price
$312,000
Closing costs (~8% of asking)
-$24,960
Est. remaining loan balance
-$114,125
Cash to seller
$172,915

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

Seller’s Loan History

Lender

Recovco Mortgage Management Llc

Loan start date

December 2019

Original loan amount

$125,940

Est. remaining balance

$114,125

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Branden L Brandon

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: 09/28/2024 at 10:25 PM

Listing updated: 09/26/2024 at 4:14 AM

Listed by: Myles Ward, JPAR - Rockwall Phone #: (972) 836-9295

MLS: NTREIS #20738046

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