tomo logo

$575,000

Beds
4
Baths
4.0
sq ft
3,047

2905 Madison Dr, Melissa, TX 75454

2905 Madison Dr

Melissa, TX 75454

  • Pending
    • Price drop $24,000↓
Experience the epitome of lavish living with this gem nestled in the desirable Liberty neighborhood. This 1.5-story home has an open-concept floor plan which creates an inviting atmosphere, perfect for both entertaining & everyday living. The kitchen features granite countertops, island, walk-in pantry, gas cooktop range, and 42-inch raised panel kitchen cabinets. The spacious living room is open to the large kitchen & overlooks the outdoor oasis with a custom pool & a side yard for pets or play. New carpet throughout! High-quality nylon carpet installed in dining room, owner’s suite, stairs & game room. Nylon carpet includes stain master pet protection with a lifetime guarantee against staining! The owner’s suite with an ensuite features dual sinks, walk-in shower, tub & a huge walk-in closet. 3 sizable secondary bedrooms are split from the owner’s suite with a full bathroom & half bath for guests. Escape to the large game room upstairs featuring another full bathroom. This premier community boasts an array of amenities, including an amenity center with pool & splash pad, sports pavilion with gas grills, sand volleyball courts, a catch-and-release fishing pond, playgrounds, soccer fields & walking paths. HOA hosts a dozen events every year, providing residents with the ultimate life of leisure and luxury. Harry McKillop Elementary School is located within the community! Don't miss your chance to experience the lifestyle you've always dreamed of!

Details

Property type

Single Family Residence

Est. home value

$592,432

Lot size

8,276.4 sq ft

Price per sq ft

$189

Year built

2004

Annual property taxes

$10,321

Monthly HOA fee

$64.17

Price History

12/20/2024
NTREIS

NTREIS #20759847

Pending
$575,000
12/06/2024
NTREIS

NTREIS #20759847

Price change
$575,000
-4.01%
10/25/2024
NTREIS

NTREIS #20759847

Listed
$599,000

Schools & Community

Elementary school: 

Harry Mckillop

Middle school: 

Melissa

High school: 

Melissa

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

$39,421
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$489,579
Cash to seller
$39,421

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

May 2022

Original loan amount

$512,000

Est. remaining balance

$489,579

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Meredith Packard and Corinrie S Packard

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: 12/24/2024 at 11:25 PM

Listing updated: 12/20/2024 at 7:22 PM

Listed by: Christine Mannewitz, Exemplary Real Estate LLC Phone #: (972) 469-5529

MLS: NTREIS #20759847

NTREIS logo

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