tomo logo

$410,000

Beds
4
Baths
2.0
sq ft
2,008

2531 Quail Ridge Rd, Melissa, TX 75454

2531 Quail Ridge Rd

Melissa, TX 75454

  • 104 days on market
    • Price drop $9,999↓
Charming one story sanctuary on a creek lot located in a quiet and desired neighborhood in Melissa boasts hard wood, ceramic tile and carpet flooring, updated bathrooms, updated crown moldings, secluded patio area and custom cabinets in the garage that provides for additional storage. Community pool and park a stone's throw away and a quick access to the major highways. Location, Location, Location.

Details

Property type

Single Family Residence

Est. home value

$372,204

Lot size

0.23 acres

Price per sq ft

$205

Year built

2003

Annual property taxes

$5,759

Monthly HOA fee

$32.08

Price History

09/14/2024
NTREIS

NTREIS #20633945

Price change
$410,000
-2.38%
08/15/2024
NTREIS

NTREIS #20633945

Price change
$419,999
-1.18%
06/06/2024
NTREIS

NTREIS #20633945

Listed
$425,000

Schools & Community

Elementary school: 

Harry Mckillop

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Playground, Pool

School district: 

Melissa 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

$319,051
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$58,149
Cash to seller
$319,051

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

Seller’s Loan History

Lender

K Hovnanian American Mortgage Llc

Loan start date

April 2004

Original loan amount

$113,350

Est. remaining balance

$58,149

Interest rate

5.59%

Loan type

Not Provided, 30 year

Seller

Sherry L Wolf Mcwhinnie

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: 09/18/2024 at 9:20 PM

Listing updated: 09/14/2024 at 8:49 AM

Listed by: Sandy Harvey, RW Properties Phone #: (972) 532-7307

MLS: NTREIS #20633945

NTREIS logo

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