tomo logo

$510,000

Beds
4
Baths
4.0
sq ft
2,591

3400 Cedar Ln, Melissa, TX 75454

3400 Cedar Ln

Melissa, TX 75454

  • 12 days on market
    • Open house Oct 06
Your corner lot dream home with all new paint awaits in the highly coveted North Creek neighborhood! Upon entry you are greeted by a foyer with an office, dining room and laundry room. The heart of the home is the open kitchen and living space with plantation shutters and hardwood floors throughout. The renovated kitchen features a glass tile backsplash, granite countertops and stainless steel appliances. The accent wall and built-in electric fireplace showcase the cozy living room. Spacious primary bedroom downstairs with new carpet and a primary bath with separate shower and tub and double sinks. Upstairs has all new carpet with a huge loft, 1 bedroom with an en-suite full bathroom, 2 other bedrooms and another full bathroom. The backyard features a covered patio and full cedar board fence. A rare 3-car garage allows for ample parking and storage space. Community amenities include two neighborhood pools, several parks and proximity to both the local high school and elementary school.

Details

Property type

Single Family Residence

Est. home value

$491,506

Lot size

6,969.6 sq ft

Price per sq ft

$197

Year built

2014

Annual property taxes

$7,840

Monthly HOA fee

$47

Price History

09/23/2024
NTREIS

NTREIS #20735725

Listed
$510,000
10/23/2023
NTREIS

NTREIS #20391027

Removed

Schools & Community

Elementary school: 

North Creek

Middle school: 

Melissa

High school: 

Melissa

Community features: 

Pool, Lake, Park, 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

$11,899
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$457,301
Cash to seller
$11,899

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

October 2023

Original loan amount

$461,487

Est. remaining balance

$457,301

Interest rate

7.12%

Loan type

FHA, 30 year

Seller

Joseph Michael Mitnick and Kathryn Renee Lindler

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: 10/05/2024 at 11:25 PM

Listing updated: 10/05/2024 at 3:04 PM

Listed by: Brandt Phillips, Rogers Healy and Associates Phone #: (214) 368-4663

MLS: NTREIS #20735725

NTREIS logo

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