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$599,000

Beds
4
Baths
4.0
sq ft
3,851

402 Munson St, Rockwall, TX 75087

402 Munson St

Rockwall, TX 75087

  • 190 days on market
    • Price drop $40,900↓
Beautifully remodeled turn of the century 2-story home located within walking distance from the charming downtown Rockwall area. This home has been beautifully updated while still retaining the charm of an historic home with the large porches surrounding the house and beautifully landscaped yards. This home has unique features such as an upstairs AND downstairs laundry room, a huge owners suite with a large elegant ensuite bathroom and spacious closet.

Details

Property type

Single Family Residence

Est. home value

$397,945

Lot size

0.321 acres

Price per sq ft

$156

Year built

1885

Annual property taxes

$5,599

Price History

09/05/2024
NTREIS

NTREIS #20600839

Price change
$599,000
-6.39%
08/01/2024
NTREIS

NTREIS #20600839

Price change
$639,900
-4.28%
07/19/2024
NTREIS

NTREIS #20600839

Price change
$668,500
-1.47%

Schools & Community

Elementary school: 

Dobbs

Middle school: 

Herman E Utley

High school: 

Rockwall

School district: 

Rockwall 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

$183,313
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$367,767
Cash to seller
$183,313

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

March 2021

Original loan amount

$400,000

Est. remaining balance

$367,767

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Christian Morgenstern

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: 11/05/2024 at 5:35 PM

Listing updated: 09/13/2024 at 12:09 PM

Listed by: Victoria Petty, Keller Williams Realty DPR Phone #: (972) 732-6000

MLS: NTREIS #20600839

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