tomo logo

$315,000

Beds
3
Baths
2.0
sq ft
1,703

304 FM 718, Newark, TX 76071

304 FM 718

Newark, TX 76071

  • 74 days on market
    • Price drop $10,000↓
Beautifully maintained 3-bedroom, 2-bathroom home, offering 1,703 sq. ft. of comfortable living space. Kitchen boasts custom stained cabinets w 42in uppers & under cabinet lighting, Corian countertops & backsplash, Bosch dishwasher, built-in microwave, gas cooktop & oven. Large dining area w built-in hutch w glass fronts. Newly remodeled laundry area w newly converted to gas water heater. Oversized living has ceiling fans, recessed & accent lighting & Pergo flooring. Bedrooms have walk-in closets & updated baths w oversized shower in 2nd Bathroom. Private backyard w commercial-grade vinyl fencing and a detached rear entry garage w work bench. Newly remodeled office off of detached garage is fiber ready & is not included on the tax rolls. Covered back patio adds lots of shade perfect for entertaining. Whole house water softener added in 2021. Fire pit added to backyard 2024. Property is also listed commercial 20735378

Details

Property type

Single Family Residence

Est. home value

$298,470

Lot size

0.277 acres

Price per sq ft

$185

Year built

1983

Annual property taxes

$4,701

Price History

10/13/2024
NTREIS

NTREIS #20723475

Price change
$315,000
-3.08%
09/26/2024
NTREIS

NTREIS #20723475

Price change
$325,000
-4.41%
09/08/2024
NTREIS

NTREIS #20723475

Listed
$340,000

Schools & Community

Elementary school: 

Sevenhills

Middle school: 

Chisholmtr

High school: 

Northwest

School district: 

Northwest 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

$71,998
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$217,802
Cash to seller
$71,998

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

Seller’s Loan History

Lender

Sfmc Lp

Loan start date

February 2021

Original loan amount

$238,280

Est. remaining balance

$217,802

Interest rate

2.66%

Loan type

VA, 30 year

Seller

Kory Sherman

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: 11/22/2024 at 7:55 AM

Listing updated: 11/19/2024 at 1:37 PM

Listed by: Jennifer Franke, BHHS Premier Properties Phone #: (817) 806-4100

MLS: NTREIS #20723475

NTREIS logo

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