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$390,000

Beds
3
Baths
3.0
sq ft
2,309

3041 Spanish Oak Trl, Melissa, TX 75454

3041 Spanish Oak Trl

Melissa, TX 75454

  • 66 days on market
    • Price drop $5,000↓
Located on a cul-de-sac this south-facing 3-bedroom home in Melissa ISD is a great find! The open concept layout features expansive ceilings, fresh paint, window seats, and neighbors on just one side, great for privacy. A first-floor primary suite is a retreat with a vaulted ceiling, huge walk-in closet, dual sinks, and a great view of the backyard. Gas log fireplace in the living room. The front room is a versatile flex room ideal for a study, home gym, formal dining room, whatever meets your needs! The upstairs game room offers additional flexible living space, great for a game area or media room. Spacious fenced backyard with mature trees lining behind it. Enjoy the convenience of a nearby community playground. This home is a true gem waiting for its new owners to create lasting memories!

Details

Property type

Single Family Residence

Est. home value

$433,252

Lot size

0.45 acres

Price per sq ft

$169

Year built

2006

Annual property taxes

$8,320

HOA fee

$225

Price History

11/08/2024
NTREIS

NTREIS #20714528

Price change
$390,000
-1.27%
10/16/2024
NTREIS

NTREIS #20714528

Price change
$395,000
-1%
09/17/2024
NTREIS

NTREIS #20714528

Listed
$399,000

Schools & Community

Elementary school: 

Sumeer

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Curbs, Park, Playground, Sidewalks

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

$119,046
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$239,754
Cash to seller
$119,046

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

September 2020

Original loan amount

$263,430

Est. remaining balance

$239,754

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

Frank Ramsay

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 10:40 AM

Listing updated: 11/08/2024 at 2:12 PM

Listed by: Eryn Parker, Keller Williams Central Phone #: (469) 467-7755

MLS: NTREIS #20714528

NTREIS logo

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