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$394,000

Beds
4
Baths
3.0
sq ft
3,232

512 Arledge St, Bonham, TX 75418

512 Arledge St

Bonham, TX 75418

  • 80 days on market
    • Price drop $5,000↓
Discover a piece of living history with the Russell house, crafted in 1910 by Jack Rogers Russell Jr. Boasting a legacy upheld by only four proud owners, this iconic residence has been thoughtfully revitalized by its last two. Recent enhancements include the transformation of the back patio into a functional mudroom, the conversion of the attic into a versatile bedroom or game room, the addition of a new full bath upstairs, upgraded flooring in the laundry room, security system with cameras, a rejuvenated primary bath featuring a shower with tub, charming antique glass door knobs, new windows upstairs, and a fresh interior paint palette, among other refinements. Nestled on a nearly 1-acre corner lot in the heart of town, this captivating home blends modern conveniences with timeless historic charm. 45 min drive from McKinney, Bonham has lots of attractions, including Bonham State Park, historic landmarks, museums, inviting lakes for fishing and camping, and much more. Don't Miss Out!

Details

Property type

Single Family Residence

Est. home value

$563,745

Lot size

0.889 acres

Price per sq ft

$122

Year built

1910

Annual property taxes

$3,332

Price History

09/06/2024
NTREIS

NTREIS #20662246

Price change
$394,000
-1.25%
08/22/2024
NTREIS

NTREIS #20662246

Listed
$399,000
08/18/2024
NTREIS

NTREIS #20662246

Pending
$399,000

Schools & Community

Elementary school: 

Finleyoate

Middle school: 

Unknown

High school: 

Bonham

School district: 

Bonham 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

$153,178
Asking price
$394,000
Closing costs (~8% of asking)
-$31,520
Est. remaining loan balance
-$209,302
Cash to seller
$153,178

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

June 2021

Original loan amount

$225,000

Est. remaining balance

$209,302

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Aubrey Layne Benitez

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 6:20 PM

Listing updated: 09/06/2024 at 5:09 PM

Listed by: Jennifer Link, Ultima Real Estate Phone #: (972) 980-9393

MLS: NTREIS #20662246

NTREIS logo

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