tomo logo

$489,000

Beds
4
Baths
3.0
sq ft
2,750

2910 Mulberry Ave, Melissa, TX 75454

2910 Mulberry Ave

Melissa, TX 75454

  • 93 days on market
    • Price drop $11,000↓
This 4-bedroom 3 - full bathroom home, has 2 bedrooms downstairs & 2 bedrooms upstairs. Additionally, it offers: a separate office downstairs for privacy, a media room & game room providing ample space for leisure & entertainment, & an outdoor built-in grill; ideal for those weekend barbecues. 2910 Mulberry is also within walking distances to North Creek Elementary School which is part of the highly acclaimed Melissa school district. The new homeowners will enjoy the community: pool, playground, basketball court, club house, & fitness center.

Details

Property type

Single Family Residence

Est. home value

$494,070

Lot size

6,011.28 sq ft

Price per sq ft

$178

Year built

2019

Annual property taxes

$9,439

Monthly HOA fee

$57

Price History

10/06/2024
NTREIS

NTREIS #20710516

Price change
$489,000
-2.2%
08/22/2024
NTREIS

NTREIS #20710516

Listed
$500,000

Schools & Community

Elementary school: 

North Creek

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Pool, Clubhouse, Fitness Center, Park, Playground

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

$164,584
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$285,296
Cash to seller
$164,584

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

July 2021

Original loan amount

$307,500

Est. remaining balance

$285,296

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Lewis T Masawi and Imi A Mvere

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: 11/23/2024 at 5:30 PM

Listing updated: 11/04/2024 at 9:57 AM

Listed by: Keyon Chapuredima, Compass RE Texas, LLC Phone #: (469) 210-8288

MLS: NTREIS #20710516

NTREIS logo

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