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$243,000

Beds
3
Baths
2.0
sq ft
2,025

306 W Cottonwood St, Nocona, TX 76255

306 W Cottonwood St

Nocona, TX 76255

  • 237 days on market
    • Price drop $10,000↓
Well maintained spacious 3 bed 2 bath brick home with large fenced backyard and mature trees that offer plenty of shade in a nice neighborhood. Home features two living areas great for entertaining. The kitchen displays highly desirable white cabinets with ample storage. Large covered back patio perfect for large family and friend gatherings. Home is walking distance from Nocona High School and Middle School.

Details

Property type

Single Family Residence

Est. home value

$217,865

Lot size

0.32 acres

Price per sq ft

$120

Year built

1987

Annual property taxes

$2,742

Price History

10/07/2024
NTREIS

NTREIS #20605596

Price change
$243,000
-3.95%
07/30/2024
NTREIS

NTREIS #20605596

Price change
$253,000
-4.53%
05/31/2024
NTREIS

NTREIS #20605596

Price change
$265,000
-3.64%

Schools & Community

Elementary school: 

Nocona

Middle school: 

Nocona

High school: 

Nocona

School district: 

Nocona 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

$190,756
Asking price
$243,000
Closing costs (~8% of asking)
-$19,440
Est. remaining loan balance
-$32,804
Cash to seller
$190,756

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

Seller’s Loan History

Lender

Legend Bank Na

Loan start date

May 2016

Original loan amount

$68,000

Est. remaining balance

$32,804

Interest rate

2.96%

Loan type

New Conventional, 15 year

Seller

Erin Taylor Hanson

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 6:30 PM

Listing updated: 11/04/2024 at 9:02 AM

Listed by: Gary Eldred, Red River Realty Phone #: (940) 235-0843

MLS: NTREIS #20605596

NTREIS logo

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