tomo logo

$450,000

Beds
3
Baths
4.0
sq ft
2,795

3840 Iron Ore Dr, Denison, TX 75020

3840 Iron Ore Dr

Denison, TX 75020

  • 71 days on market
    • Price drop $25,000↓
Wonderfully large 3 bedroom, 4 full bathroom home walking distance from Texoma Health Foundation baseball & soccer fields and park. This beautiful 4year-old 2795 square foot Highland home is bigger than many nearby 4 bedrooms. As with all Highlands, the kitchen is both beautiful and well-anointed. The over-sized granite island features a farm sink and yes – the range is gas! Ample living area featuring high ceilings and a gas burning fireplace, shares outside views with the kitchen and dining area. Quiet backyard facing primary bedroom maximizes livability while ensuring privacy. Bathroom has dual sinks, free-standing tub and shower, and opens to a large walk-in closet. Formal dining is currently used as an office. Large upstairs multi-use room can be accommodate a second office, work-out, and or entertainment area. Backyard features an extended pebbled porch for sitting under the Texas stars. A variety of inground sprinkled plants and shrubs will maximize privacy in the years to come.

Details

Property type

Single Family Residence

Est. home value

$476,019

Lot size

6,664.68 sq ft

Price per sq ft

$162

Year built

2020

Annual property taxes

$10,207

Monthly HOA fee

$35

Price History

10/09/2024
NTREIS

NTREIS #20726181

Price change
$450,000
-5.26%
09/13/2024
NTREIS

NTREIS #20726181

Listed
$475,000
07/31/2024
NTREIS

NTREIS #20670291

Removed

Schools & Community

Elementary school: 

Hyde Park

Middle school: 

Henry Scott

High school: 

Denison

School district: 

Denison 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

$106,921
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$307,079
Cash to seller
$106,921

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

Seller’s Loan History

Lender

Bancorpsouth Bank

Loan start date

July 2020

Original loan amount

$337,565

Est. remaining balance

$307,079

Interest rate

3.21%

Loan type

FHA, 30 year

Seller

William Robert Lester and Erin Denise Lester

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: 11/23/2024 at 10:50 PM

Listing updated: 10/12/2024 at 4:07 PM

Listed by: Karl Schafer-Junger, At Properties Christie's Int'l Phone #: (214) 821-3336

MLS: NTREIS #20726181

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