tomo logo

$340,000

Beds
5
Baths
2.0
sq ft
2,948

301 S Elm, Milford, TX 76670

301 S Elm

Milford, TX 76670

  • 47 days on market
    • Price drop $9,000↓
Sellers are offering concessions towards closing costs or rate buy down! Step back in time to the elegance and charm of the late 19th century with this preserved Victorian home nestled in the heart of a small, picturesque town. This stately residence exudes timeless character and offers a harmonious blend of historic allure and modern comfort. The interior boasts spacious living areas with soaring ceilings, original hardwood floors, and exquisite period details such as crown molding, ceiling medallions, and intricate woodwork. The main level features a gracious foyer leading to elegant formal rooms, perfect for hosting gatherings and entertaining guests in style. The kitchen is a delight, offering modern appliances seamlessly integrated with vintage-inspired cabinetry and fixtures. Adjacent to the kitchen is a cozy breakfast nook where you can enjoy morning coffee. Many upgrades have been completed that include, new roof, HVAC, quartz kitchen countertops & foundation

Details

Property type

Single Family Residence

Est. home value

$291,836

Lot size

0.305 acres

Price per sq ft

$116

Year built

1900

Price History

11/22/2024
NTREIS

NTREIS #20773972

Price change
$340,000
-2.58%
11/08/2024
NTREIS

NTREIS #20773972

Listed
$349,000
07/08/2022
NTREIS

NTREIS #20029516

Removed

Schools & Community

Elementary school: 

Milford

Middle school: 

Milford

High school: 

Milford

School district: 

Milford 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

$52,354
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$260,446
Cash to seller
$52,354

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2022

Original loan amount

$270,000

Est. remaining balance

$260,446

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Katherine Cheek and Joshua Cheek

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: 12/25/2024 at 7:30 PM

Listing updated: 12/07/2024 at 10:47 AM

Listed by: Lyndee Robinson, RE/MAX Arbors Phone #: (972) 515-8111

MLS: NTREIS #20773972

NTREIS logo

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