tomo logo

$304,499

Beds
4
Baths
2.0
sq ft
2,417

502 Sherwood Dr, Victoria, TX 77901

502 Sherwood Dr

Victoria, TX 77901

  • 44 days on market
    • Price drop $500↓
Beautifully spacious home with plenty of room for yourself and many others. There is over 2700 sq ft of livable space inside the home, and an addtional 600 sq ft shop for working on all your projects. The updated kitchen opens to a formal dining area, and a large and open living room with custom built-in bookcase shelves and a cozy fire place ready for winter. There is an even run of tile throughout all living areas, and carpet in most bedrooms. Screened-in patio area is perfect for when you want to start enjoying the fall breeze or bbq outside and have a shaded area to enjoy beverages. With endless opportunities, this is a must see property!

Details

Property type

Single Family Residence

Est. home value

$281,929

Lot size

0.29 acres

Price per sq ft

$126

Year built

1974

Annual property taxes

$5,208

HOA

No

Price History

09/13/2024
CentralTexas

CentralTexas #552989

Price change
$304,499
-0.16%
08/06/2024
CentralTexas

CentralTexas #552989

Listed
$304,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Victoria 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

$8,370
Asking price
$304,499
Closing costs (~8% of asking)
-$24,360
Est. remaining loan balance
-$271,769
Cash to seller
$8,370

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

Seller’s Loan History

Lender

Wallick & Volk Inc

Loan start date

July 2023

Original loan amount

$274,928

Est. remaining balance

$271,769

Interest rate

6.79%

Loan type

FHA, 30 year

Seller

Rolando Lopez and Rose Ann Laster

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 9:55 PM

Listing updated: 09/12/2024 at 7:46 PM

Listed by: Trevor Bodden, Shaw Realty Phone #: (361) 579-7429

MLS: CentralTexas #552989

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