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$299,000

Beds
3
Baths
2.0
sq ft
2,470

404 Sheffield Dr, Longview, TX 75605

404 Sheffield Dr

Longview, TX 75605

  • 70 days on market
    • Price drop $20,000↓
    • Open house Sep 21
This home is centrally located in the heart of Longview, Texas. It boasts over 2,200 square feet of living space. As you enter, you're greeted with an inviting living room layout, centered around a fireplace. Attached is the kitchen, adjoined with an eat-in area and bar for everyday meals, and a separate formal dining space is available as well, to host more formal gatherings. Tucked in the corner you'll find a flex space. It could hold space for a study or additional work or hobby space. The home has three accommodating bedrooms. The two guest bedrooms, each have a closet and are near the guest bathroom with its own tub/shower combo. The primary bedroom is located on the back of the home, with its own en-suite bathroom. Did we mention the closet space throughout the home? Closets for days! Finally, we can't forget to mention yet another additional flex space on the back of the home. This room has two entries to it; one from the primary bedroom and another from the living room. Currently it's used a man cave, but the options are endless. Outside you will find your backyard oasis, complete with two seating areas and an above-ground pool. Find time to relax on the back porch, or float your worries away in the afternoon. The two-car garage has additional storage as well. Don't miss a chance to take a peek at this wonderful home waiting for you!

Details

Property type

Single Family Residence

Est. home value

$306,727

Lot size

0.33 acres

Price per sq ft

$122

Year built

1967

Annual property taxes

$5,978.21

Price History

08/04/2024
Longview

Longview #20244351

Price change
$299,000
-6.27%
07/11/2024
Longview

Longview #20244351

Listed
$319,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Longview 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

$56,105
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$218,975
Cash to seller
$56,105

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

Seller’s Loan History

Lender

Southwest Funding Lp

Loan start date

July 2022

Original loan amount

$226,100

Est. remaining balance

$218,975

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Lindsay Loy and David Loy

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: 09/19/2024 at 5:05 AM

Listing updated: 09/16/2024 at 6:38 PM

Listed by: BLAKE A SMITH, Texas Real Estate Executives, The Daniels Group - Gilmer Phone #: (903) 680-4663

MLS: Longview #20244351

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