tomo logo

$450,000

Beds
5
Baths
4.0
sq ft
3,182

311 Orchard Pl, Red Oak, TX 75154

311 Orchard Pl

Red Oak, TX 75154

  • 309 days on market
    • Price drop $5,000↓
**VA ASSUMABLE LOAN with LOW INTEREST RATE**This spacious haven is not just a house; it's an invitation to the good life! Picture-perfect from the curb, you're greeted by a majestic shade tree in the front yard. A separate dining room sets the stage for dinner parties & the kitchen? Overflowing with cabinets & countertops, you’ll have space for all your gadgets. Feel the plush new carpet beneath your feet as you explore! Tucked away for privacy, the primary suite features your very own office or sitting room. It’s the perfect hideaway for working from home or reading a book. The spa-like primary bath promises to turn your daily routine into a pampering ritual! The upstairs game room is primed for fun for all ages! Large bedrooms & multiple bathrooms upstairs ensures everyone has their own space. You'll love the huge backyard! The possibilities are as endless as the space itself. Your happily ever after starts here! Schedule today!

Details

Property type

Single Family Residence

Est. home value

$430,742

Lot size

7,187.4 sq ft

Price per sq ft

$142

Year built

2007

Annual property taxes

$8,092

Monthly HOA fee

$55.67

Price History

09/27/2024
NTREIS

NTREIS #20484523

Price change
$450,000
-1.1%
09/20/2024
NTREIS

NTREIS #20484523

Price change
$455,000
-1.09%
09/02/2024
NTREIS

NTREIS #20484523

Price change
$460,000
+1.55%

Schools & Community

Elementary school: 

Russell Schupmann

Middle school: 

Red Oak

High school: 

Red Oak

Community features: 

Pool, Curbs, Park, Sidewalks

School district: 

Red Oak 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

$135,910
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$278,090
Cash to seller
$135,910

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

September 2021

Original loan amount

$298,280

Est. remaining balance

$278,090

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Jemarr T Potts and Melissa Potts

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?

Similar Homes Nearby

Price drop
NTREIS
$430,000
5 bd
|
4 ba
|
2,561 sq ft
|
House

2525 Lavender Ln, Glenn Heights, TX 75154

NTREIS
$459,900
5 bd
|
4 ba
|
3,600 sq ft
|
House

1206 Madison Ter, Red Oak, TX 75154

Price drop
NTREIS
$465,000
5 bd
|
4 ba
|
3,544 sq ft
|
House

129 Red Pine Dr, Red Oak, TX 75154

Status: Active

Tomo last checked: 10/04/2024 at 11:15 PM

Listing updated: 09/27/2024 at 1:44 PM

Listed by: Eunice Pettaway, TDRealty Phone #: (817) 890-7325

MLS: NTREIS #20484523

NTREIS logo

Recently listed in Red Oak

$389,900|4 bd|2.0 ba|House
$550,000|4 bd|3.0 ba|House
$499,000|3 bd|2.0 ba|House
$630,000|5 bd|3.0 ba|House
$415,000|4 bd|3.0 ba|House
$339,000|4 bd|2.0 ba|House
$345,000|4 bd|2.0 ba|House
$649,997|4 bd|3.0 ba|House
$534,900|3 bd|3.0 ba|House
$325,000|5 bd|2.0 ba|House