tomo logo

$500,000

Beds
4
Baths
3.0
sq ft
2,996

2505 Cambridge Dr, Rockwall, TX 75032

2505 Cambridge Dr

Heath, TX 75032

  • 28 days on market
    • Price drop $10,000↓

Details

Property type

Single Family Residence

Est. home value

$573,450

Lot size

0.295 acres

Price per sq ft

$167

Year built

2002

Annual property taxes

$8,765

Monthly HOA fee

$13.75

Price History

10/21/2024
NTREIS

NTREIS #20752065

Price change
$500,000
-1.96%
10/10/2024
NTREIS

NTREIS #20752065

Listed
$510,000
09/12/2024
NTREIS

NTREIS #20627450

Removed

Schools & Community

Elementary school: 

Billie Stevenson

Middle school: 

Herman E Utley

High school: 

Heath

School district: 

Rockwall 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

$173,802
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$286,198
Cash to seller
$173,802

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

October 2020

Original loan amount

$314,250

Est. remaining balance

$286,198

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Alexis Ballantyne and Ayessa S Ballantyne

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: 11/08/2024 at 4:50 AM

Listing updated: 10/21/2024 at 7:47 AM

Listed by: Fabian Thomas, Fabian Thomas Phone #: (214) 300-8756

MLS: NTREIS #20752065

NTREIS logo

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