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$595,000

Beds
4
Baths
3.0
sq ft
2,614

3340 Monarch Ln, Midlothian, TX 76065

3340 Monarch Ln

Midlothian, TX 76065

  • 54 days on market
    • Price drop $10,000↓
Welcome to your Midlothian dream home! This beautifully appointed 4-bedroom, 3-bath residence is nestled on a large 1+ acre lot in highly desirable Shiloh Forest. From the impressive solid wood front door, step inside to discover hand-scraped hardwood floors that flow from the foyer to formal dining space with stunning crystal chandelier. Scroll-patterned motif carpet in the large living room provides an elegant and comfortable touch, and a striking floor-to-ceiling stone fireplace serves as the centerpiece of the room. The open floor plan provides easy flow from living to kitchen and breakfast areas and makes entertaining easy. The chef's kitchen is a culinary delight, featuring expanded cabinetry, walk-in pantry, modern stainless appliances, ample granite counter space with breakfast bar, and butcher block center island. The expansive primary suite with tray ceiling is a true retreat, and the ensuite primary bathroom includes separate vanities, walk-in closet, separate shower, jetted tub, and dedicated toilet area. The primary bath also connects to the utility room for added convenience. The large secondary bedrooms offer plenty of natural light, room to relax, and ceiling fans for comfort. Well-appointed secondary bathrooms provide convenience for family and guests alike - there is one off the hall and one jack and jill style bathroom connecting 2 bedrooms. Enjoy the privacy and style of plantation shutters throughout the home, allowing you to control light and enhance your decor. The home also boasts a spacious 3-car garage providing ample storage and a long driveway for parking. Conveniently, there is a mud room with built-in bench just inside the home from the garage entrance. The expansive backyard is ideal for gardening, play, or hosting gatherings - with all that space your imagination is the limit! With its prime location, exceptional features, and close proximity to neighborhood schools, this home is a rare find.

Details

Property type

Single Family Residence

Est. home value

$595,915

Lot size

1.033 acres

Price per sq ft

$228

Year built

2011

Annual property taxes

$8,566

Monthly HOA fee

$34.58

Price History

12/04/2024
NTREIS

NTREIS #20766224

Price change
$595,000
-2.46%
10/30/2024
NTREIS

NTREIS #20766224

Listed
$610,000
06/10/2022
NTREIS

NTREIS #20033368

Removed

Schools & Community

Elementary school: 

Dolores McClatchey

Middle school: 

Walnut Grove

High school: 

Heritage

School district: 

Midlothian 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

$240,391
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$307,009
Cash to seller
$240,391

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

Seller’s Loan History

Lender

Churchill Mortgage Corp

Loan start date

June 2022

Original loan amount

$319,000

Est. remaining balance

$307,009

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

David Wayne Lovett and Jennifer Lee Lovett

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: 12/23/2024 at 5:10 AM

Listing updated: 12/21/2024 at 2:08 PM

Listed by: Wendy Bartlett, BHHS Premier Properties Phone #: (817) 806-4100

MLS: NTREIS #20766224

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