tomo logo

$421,500

Beds
4
Baths
2.0
sq ft
2,107

2520 Southern Oak Trl, Terrell, TX 75161

2520 Southern Oak Trl

Oak Ridge, TX 75161

  • 326 days on market
    • Price drop $4,000↓
Home can be purchased at a 4.875% interest rate with significantly reduced closing costs! Home includes a washer, dryer, refrigerator, dishwasher and microwave! Upon entering through the covered porch, you are greeted by a spacious and inviting living space that seamlessly combines the family room, dining area, and gourmet kitchen. The large island in the kitchen provides a convenient gathering place for family and friends to enjoy culinary delights. The Caddo floor plan offers the perfect balance of privacy and comfort, with the owner's suite tucked away in the back right corner of the home. The luxurious primary bathroom features double vanities, a separate water closet, and a large walk-in closet, providing ample space for relaxation and rejuvenation. The laundry room is conveniently located across the hall from the owner's suite. Three additional bedrooms are located on the opposite side of the home, connected by a secluded hallway and sharing a full bathroom.

Details

Property type

Single Family Residence

Est. home value

$453,151

Property condition

New Construction

Lot size

0.826 acres

Price per sq ft

$201

Year built

2023

Price History

07/12/2024
NTREIS

NTREIS #20465481

Price change
$421,500
-0.94%
06/10/2024
NTREIS

NTREIS #20465481

Price change
$425,500
-0.93%
06/04/2024
NTREIS

NTREIS #20465481

Price change
$429,500
-2.48%

Schools & Community

Elementary school: 

Wood

Middle school: 

Furlough

High school: 

Terrell

School district: 

Terrell 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

-$32,829
Asking price
$421,500
Closing costs (~8% of asking)
-$33,720
Est. remaining loan balance
-$420,609
Cash to seller
-$32,829

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

February 2023

Original loan amount

$427,930

Est. remaining balance

$420,609

Interest rate

6.48%

Loan type

FHA, 30 year

Seller

Jonathan Taylor and Adreana Taylor

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: 09/19/2024 at 4:35 PM

Listing updated: 07/12/2024 at 1:13 PM

Listed by: Ivan Loza, Cityline Realty, LLC Phone #: (214) 883-4009

MLS: NTREIS #20465481

NTREIS logo

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