tomo logo

$387,964Estimated home value

Beds
3
Baths
2.0
sq ft
2,124

2842 N FM 51, Decatur, TX 76234

2842 N FM 51

Decatur, TX 76234

  • Sold On 10/16/2024
Enjoy the tranquility of country living just minutes from downtown Decatur in this spacious 3-bedroom, 2-bathroom home nestled on a fenced-off 1-acre treed lot, offering picturesque views from your back covered patio. The open split bedroom floor plan ensures a seamless flow from the living to the kitchen area, perfect for entertaining guests. Additionally, a 40x24 shop on a concrete slab provides ample space, complete with electricity, an insulated office, and loft space for added versatility. *** Seller offering $7500 concession***

Details

Property type

Single Family Residence

Est. home value

$387,964

Lot size

1.0 acres

Price per sq ft

$170

Year built

1986

Annual property taxes

$4,255

Price History

10/16/2024
NTREIS

NTREIS #20698352

Removed
09/17/2024
NTREIS

NTREIS #20698352

Pending
$359,000
08/08/2024
NTREIS

NTREIS #20698352

Listed
$359,000

Schools & Community

Elementary school: 

Young

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

$69,817
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$260,463
Cash to seller
$69,817

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

August 2020

Original loan amount

$286,711

Est. remaining balance

$260,463

Interest rate

2.98%

Loan type

FHA, 30 year

Seller

Gunnar D Lampe

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?

Similar Homes Nearby

Price drop
NTREIS
$399,000
3 bd
|
2 ba
|
1,755 sq ft
|
House

3301 S Murvil St, Decatur, TX 76234

Pending
NTREIS
$325,000
3 bd
|
2 ba
|
1,448 sq ft
|
House

3001 S James St, Decatur, TX 76234

NTREIS
$359,000
3 bd
|
2 ba
|
2,072 sq ft
|
House

108 Deer Creek Dr, Alvord, TX 76225

Status: Off Market

Tomo last checked: 11/08/2024 at 8:20 AM

Listing updated: 10/16/2024 at 2:41 PM

Listed by: Steven Davis, Fathom Realty, LLC Phone #: (940) 389-0299

MLS: NTREIS #20698352

NTREIS logo

Recently listed in Decatur

$897,000|4 bd|3.0 ba|House
$299,000|2 bd|3.0 ba|Townhouse
$285,000|4 bd|2.0 ba|Manufactured
$315,000|2 bd|2.0 ba|Townhouse
$482,425|4 bd|2.0 ba|House
$508,050|4 bd|3.0 ba|House
$399,999|4 bd|2.0 ba|House
$429,999|3 bd|2.0 ba|House
$540,000|3 bd|2.0 ba|House
$239,900|3 bd|2.0 ba|House