tomo logo

$283,500

Beds
4
Baths
3.0
sq ft
2,832

400 E Grove St, Kaufman, TX 75142

400 E Grove St

Kaufman, TX 75142

  • 70 days on market
    • Price drop $31,500↓
Welcome to this charming Victorian-style home, perfect for families or those looking to start a bed and breakfast! With four spacious bedrooms and three full bathrooms, there's plenty of room for everyone. The kitchen is a chef's dream, featuring ample cabinetry, a pot filler over the large range, and abundant storage space, making it an ideal spot for entertaining family and friends. The expansive dining room provides the perfect setting for serving meals and hosting guests, ensuring memorable gatherings. Nestled on a sizable corner lot, this beautiful home is just minutes away from Cedar Creek Lake, offering both tranquility and access to outdoor activities. With so much to offer, this home is a true gem that you must see to fully appreciate. HUD case number 511-2823791 All properties are sold AS IS without any guarantee or warranty by the seller. IN REPAIR ESCROW Disclosures are located in transaction desk and on HUD home store Please review documents prior to submitting offer

Details

Property type

Single Family Residence

Est. home value

$411,957

Lot size

0.276 acres

Price per sq ft

$101

Year built

1900

Annual property taxes

$11,007

Price History

09/14/2024
NTREIS

NTREIS #20686839

Price change
$283,500
-10%
07/27/2024
NTREIS

NTREIS #20686839

Listed
$315,000
02/16/2024
NTREIS

NTREIS #20435397

Removed

Schools & Community

Elementary school: 

Phillips

Middle school: 

Unknown

High school: 

Kaufman

School district: 

Kaufman 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

$8,090
Asking price
$283,500
Closing costs (~8% of asking)
-$22,680
Est. remaining loan balance
-$252,730
Cash to seller
$8,090

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

March 2021

Original loan amount

$274,437

Est. remaining balance

$252,730

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Jason Scheps

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: 10/06/2024 at 1:25 AM

Listing updated: 09/14/2024 at 4:39 PM

Listed by: Ray King, Infinity Realty Group of Texas Phone #: (214) 418-6845

MLS: NTREIS #20686839

NTREIS logo

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