tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
3,712

2450 Silk Tree Rd, Gilmer, TX 75645

2450 Silk Tree Rd

Gilmer, TX 75645

  • Pending
Discover this inviting 2,512 sq ft ranch-style home featuring durable cement board siding and a cozy wood-burning stove fireplace. The thoughtful split floor plan includes 3 bedrooms and 2 bathrooms, ensuring plenty of room for comfort. Faux dormer windows add an extra touch of charm. The kitchen and dining area features stainless appliances, granite countertops with large windows and storage for all of your kitchen tools and appliances. The well thought out size of this space had entertaining at the top of its list. Step outside to enjoy a large back deck, perfect for entertaining, complete with a hot tub and a 30 ft round pool—ideal for summer relaxation. The property is fully fenced 5.6 ACRES for privacy and security, enhanced by an electronic gate for added peace of mind. A breezeway leads to a detached 2-car garage, while additional features include a spacious 30x40 shop with two roll-up doors and an unfinished efficiency apartment—offering endless possibilities for use. There’s also a 40 ft conex storage container with two 20x40 overhangs, providing added space for all your outdoor gear and tools. Theres also a 45ft RV cover! For added convenience, this home is equipped with a whole-house Generac generator, ensuring you’re prepared for any power outages. With community water and co-op electric services, this property is perfect for those seeking a blend of comfort, space, and outdoor living

Details

Property type

Single Family Residence

Lot size

5.602 acres

Price per sq ft

$135

Year built

2006

Annual property taxes

$6,364

Price History

11/22/2024
NTREIS

NTREIS #20771861

Pending
$499,000
11/06/2024
NTREIS

NTREIS #20771861

Listed
$499,000

Schools & Community

Elementary school: 

Uniongrove

Middle school: 

Unknown

High school: 

Uniongrove

School district: 

Union Grove 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

$213,281
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$245,799
Cash to seller
$213,281

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

January 2018

Original loan amount

$284,747

Est. remaining balance

$245,799

Interest rate

3.94%

Loan type

FHA, 30 year

Seller

Jamie Braley and Ashil Braley

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?

Similar Homes Nearby

Longview
$475,000
3 bd
|
2 ba
|
2,369 sq ft
|
House

2027 Redwood Rd, Gilmer, TX 75645

Longview
$449,000
3 bd
|
2 ba
|
1,950 sq ft
|
House

7188 Forestwood, Gilmer, TX 75645

Price drop
Longview
$520,000
3 bd
|
2.5 ba
|
2,612 sq ft
|
House

5732 Nuthatcher Rd, Gilmer, TX 75645

Status: Pending/Under Contract

Tomo last checked: 12/23/2024 at 11:20 PM

Listing updated: 11/22/2024 at 2:28 PM

Listed by: Tammy Kessler, Texas Real Estate Executives Phone #: (903) 680-4663

MLS: NTREIS #20771861

NTREIS logo

Recently listed in Gilmer

$227,000|4 bd|3.0 ba|House
$370,000|3 bd|2.0 ba|House
$439,000|4 bd|2.0 ba|House
$879,000|4 bd|3.0 ba|House
$263,000|4 bd|2.0 ba|Manufactured