tomo logo

$405,000

Beds
3
Baths
2.0
sq ft
1,775

2826 Redbud Ln, Melissa, TX 75454

2826 Redbud Ln

Melissa, TX 75454

  • 2 days on market
    • Open house Feb 23
Welcome to this charming home with a natural color palette that creates a warm and inviting atmosphere. The kitchen features a center island and a nice backsplash, perfect for preparing meals and entertaining. The primary bathroom boasts a separate tub and shower, as well as good under sink storage. Step outside to enjoy the fenced backyard with a covered sitting area, providing a peaceful retreat for relaxing or hosting outdoor gatherings. Plus, the fresh interior paint adds a modern touch to this lovely home. Don't miss out on the opportunity to make this your own! This home has been virtually staged to illustrate its potential.

Details

Property type

Single Family Residence

Est. home value

$396,294

Lot size

5,749.92 sq ft

Price per sq ft

$229

Year built

2019

Annual property taxes

$6,137

Monthly HOA fee

$57

Price History

02/20/2025
NTREIS

NTREIS #20850002

Listed
$405,000
04/23/2020
NTREIS

NTREIS #14268204

Removed

Schools & Community

Elementary school: 

North Creek

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Pool, Clubhouse, Tennis Court(s)

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

$133,984
Asking price
$405,000
Closing costs (~8% of asking)
-$32,400
Est. remaining loan balance
-$238,616
Cash to seller
$133,984

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

Seller’s Loan History

Lender

Lakeview Loan Servicing Llc

Loan start date

April 2021

Original loan amount

$261,362

Est. remaining balance

$238,616

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Eskedar S Zerfu and Fitsum Endeshaw

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?

Status: Active

Tomo last checked: 02/23/2025 at 11:00 AM

Listing updated: 02/22/2025 at 7:08 PM

Listed by: Anyiesa Johnson, Opendoor Brokerage, LLC Phone #: (480) 462-5392

MLS: NTREIS #20850002

NTREIS logo

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