tomo logo

$685,000

Beds
6
Baths
3.5
sq ft
6,722

410 W 4th St, Cameron, TX 76520

410 W 4th St

Cameron, TX 76520

  • 45 days on market
**Exquisite Georgian French Colonial Mansion - A Historic Gem with Modern Potential** Seller Financing Available with 15% Down, 10 Year term at 5.5%. Step back in time and embrace the charm of this 1875 Georgian French Colonial style mansion, gracefully situated on over 2.64 lush acres filled with mature trees dating back over 200 years. With six spacious bedrooms, three elegant living rooms, and four and a half baths, this two-story historic estate provides ample space and privacy, making it ideal for use as a luxurious private residence or a charming bed and breakfast. All it needs is a new Owner with vision and a little TLC to restore it to its Historic beauty. Boasting hardwood floors throughout, this plantation-style home exudes timeless elegance. The huge kitchen, complete with a butler’s serving pantry, is perfect for entertaining and hosting grand events. Outside, you’ll find an inviting in-ground pool surrounded by nature's beauty, providing a serene retreat. With historical significance and rich architectural details, this property deserves a historical marker to commemorate its storied past. Priced well below market value, this is an incredible opportunity to own a piece of history and bring new life to a treasured home. **Features** - **Bedrooms:** 6 - **Bathrooms:** 4 ½ - **Living Rooms:** 3 - **Lot:** 2.64+ acres with towering heritage trees - **Pool:** In-ground, perfect for relaxation - **Kitchen:** Expansive with a butler’s pantry, ideal for entertaining Don’t miss this rare chance to own a historic mansion with endless potential and charm. This is a historical home built in 1875. Home will need some repairs to the interior and exterior. Milam County CAD has this property valued at $954,000. Property is priced accordingly to its current condition. Turn of the Century interior furniture will convey for a separate cost. Sellers Concessions available with acceptable offer. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$997,605

Lot size

2.64 acres

Price per sq ft

$102

Year built

1875

Annual property taxes

$9,602

HOA

No

Price History

11/07/2024
CentralTexas

CentralTexas #562006

Listed
$685,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Cameron 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

$410,133
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$220,067
Cash to seller
$410,133

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

March 2021

Original loan amount

$240,000

Est. remaining balance

$220,067

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Margie Neal Fayemiwo and Moshood Ademola Fayemiwo

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: 12/23/2024 at 5:55 AM

Listing updated: 11/25/2024 at 3:39 PM

Listed by: Joe Olivares, Homestead Real Estate Phone #: (254) 238-7021

MLS: CentralTexas #562006

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