tomo logo

$810,000

Beds
4
Baths
4.0
sq ft
4,193

351 Penrose Dr, Red Oak, TX 75154

351 Penrose Dr

Ovilla, TX 75154

  • 116 days on market
    • Price drop $5,000↓
Discover the perfect blend of comfort, style, and convenience at 351 Penrose Dr. This stunning single-family home offers everything you need for a modern, sophisticated lifestyle. The spacious living room and dining area create a warm, inviting atmosphere—perfect for both everyday living and entertaining. Retreat to the four tranquil bedrooms, designed for relaxation and featuring large windows that fill the space with natural light. Experience spa-like luxury in the beautifully appointed bathrooms, complete with elegant vanities. Enjoy your private patio, ideal for morning coffee, evening relaxation, or hosting guests.

Details

Property type

Single Family Residence

Est. home value

$651,611

Lot size

0.552 acres

Price per sq ft

$194

Year built

2022

Annual property taxes

$14,397

Monthly HOA fee

$81.67

Price History

11/27/2024
NTREIS

NTREIS #20714863

Price change
$810,000
-0.61%
10/15/2024
NTREIS

NTREIS #20714863

Price change
$815,000
-2.98%
08/28/2024
NTREIS

NTREIS #20714863

Listed
$840,000

Schools & Community

Elementary school: 

Shields

Middle school: 

Red Oak

High school: 

Red Oak

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

$66,475
Asking price
$810,000
Closing costs (~8% of asking)
-$64,800
Est. remaining loan balance
-$678,725
Cash to seller
$66,475

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

Seller’s Loan History

Lender

University Fcu

Loan start date

February 2023

Original loan amount

$693,550

Est. remaining balance

$678,725

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Michelle E King

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 12:20 AM

Listing updated: 11/27/2024 at 6:52 PM

Listed by: Edward Mcclintick, Joseph Walter Realty, LLC Phone #: (888) 227-1009

MLS: NTREIS #20714863

NTREIS logo

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