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$277,000

Beds
3
Baths
1.0
sq ft
1,532

400 Sherman St, Tioga, TX 76271

400 Sherman St

Tioga, TX 76271

  • 35 days on market
    • Price drop $2,000↓
Welcome to this charming 3-bedroom, 1-bath home on a corner lot near downtown Tioga. The updated kitchen with an island opens to a living area featuring original hardwood floors. A built-in dining bench and a mudroom area with shiplap and a sliding barn door combine style with functionality. The bathroom is fully updated, offering dual sinks, a shower, and a tub. There's also a detached room with electricity by the carport, perfect for an office or workshop. The spacious lot provides ample parking for an RV, boat, and more. Enjoy peaceful evenings by your fire pit in the beautiful yard. Minutes from Lake Ray Roberts. Includes fridge, washer and dryer! This modern farmhouse offers the perfect blend of classic charm and contemporary comfort—don’t miss out on this gem!

Details

Property type

Single Family Residence

Est. home value

$274,812

Lot size

0.25 acres

Price per sq ft

$181

Year built

1960

Annual property taxes

$5,591

Price History

09/03/2024
NTREIS

NTREIS #20693743

Price change
$277,000
-0.72%
08/14/2024
NTREIS

NTREIS #20693743

Listed
$279,000
08/05/2024
NTREIS

NTREIS #20508445

Removed

Schools & Community

Elementary school: 

Tioga

Middle school: 

Tioga

High school: 

Tioga

School district: 

Tioga 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

$57,621
Asking price
$277,000
Closing costs (~8% of asking)
-$22,160
Est. remaining loan balance
-$197,219
Cash to seller
$57,621

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

August 2021

Original loan amount

$211,105

Est. remaining balance

$197,219

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Michael Mann

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: 09/18/2024 at 9:10 PM

Listing updated: 09/03/2024 at 8:49 AM

Listed by: Sarah Maxwell, Mission To Close Phone #: (817) 380-3685

MLS: NTREIS #20693743

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