tomo logo

$1,250,000

Beds
4
Baths
5.0
sq ft
5,658

258 W Ridge St, Decatur, TX 76234

258 W Ridge St

Decatur, TX 76234

  • 135 days on market
Exquisite traditional-style home features grand high ceiling entry hard wood floors and two fireplaces nestled between mature oak trees abundant with greater than seven species of birds, hawks and owls. This home is ideal for an active family but also has calm serenity and plenty of open space for enjoying wildlife and start gazing. It has 4 traditional bedrooms with adjacent bathrooms, dining and family rooms, separate office and a large bonus room. Spacious open kitchen and entertaining room with large windows maintaining full views of the backyard in ground pool and child play areas. Full bath immediately adjacent to pool allows for easy transition of wet kids into the home. There is a separate 1300 square foot work-out room with an endless pool swim spa and jacuzzi allowing access to year round swimming, water aerobics and jetted massage. This room has an in ground tornado shelter, HVAC and is fully plumbed and wired ready for addition another in law suite if desired.

Details

Property type

Single Family Residence

Est. home value

$1,195,194

Lot size

5.13 acres

Price per sq ft

$221

Year built

1997

Annual property taxes

$13,086

Price History

08/10/2024
NTREIS

NTREIS #20695864

Listed
$1,250,000
08/06/2024
NTREIS

NTREIS #20373261

Removed
03/01/2024
NTREIS

NTREIS #20373261

Listed
$1,250,000

Schools & Community

Elementary school: 

Rann

Middle school: 

Decatur

High school: 

Decatur

School district: 

Decatur 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

$782,880
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$367,120
Cash to seller
$782,880

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2020

Original loan amount

$495,000

Est. remaining balance

$367,120

Interest rate

2.73%

Loan type

New Conventional, 15 year

Seller

John A Ribeiro Md and Elvia Ribeiro

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: 12/23/2024 at 12:20 PM

Listing updated: 08/15/2024 at 11:20 AM

Listed by: Martha Sanchez, Coldwell Banker Realty Phone #: (817) 329-9005

MLS: NTREIS #20695864

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