tomo logo

$500,000

Beds
3
Baths
2.0
sq ft
2,849

253 County Road 1445, Quitman, TX 75783

253 County Road 1445

Quitman, TX 75783

  • Pending
Love boating, fishing, skiing, swimming, entertaining? Perhaps looking for a venue? The fully paid for 12 kw solar system services both the house and metal building. NO EQUIPMENT LEASE! This lakefront home on recreational Lake Quitman is SURE to please with a large home, large metal building, 200’ of shoreline and 0.660 of an acre. An open concrete patio with brick studio/bar is perfect for entertaining. The 40x40’ metal building has a bathroom, washer and dryer hook up, propane heater, enclosed room/storage and could easily be finished out living space for short term rental or additional venue space! In recent years windows, roof, HVAC and septic have been installed at the house. The kitchen and master bath await your vision. Grab your fishing poles, boat, kayak, jet ski and swim trunks and start enjoying the lake life. Public boat ramp within walking distance and Famous Lake Fork only minutes away for you serious bass fishermen. The hot tub has been removed from the front porch.

Details

Property type

Single Family Residence

Est. home value

$478,444

Lot size

0.66 acres

Price per sq ft

$176

Year built

1996

Annual property taxes

$6,527

Price History

09/10/2024
TylerTX

TylerTX #24012252

Pending
$500,000
08/31/2024
TylerTX

TylerTX #24012252

Listed
$500,000
07/27/2024
TylerTX

TylerTX #24001167

Removed

Schools & Community

Elementary school: 

Quitman

Middle school: 

Quitman

High school: 

Quitman

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

$350,851
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$109,149
Cash to seller
$350,851

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2022

Original loan amount

$126,100

Est. remaining balance

$109,149

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

James Scott and Jacqueiine M Scott

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: Pending/Under Contract

Tomo last checked: 09/16/2024 at 2:05 PM

Listing updated: 09/10/2024 at 4:08 PM

Listed by: Kendal Farmer, Quitman Realty

MLS: TylerTX #24012252

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