tomo logo

$530,000

Beds
5
Baths
4.0
sq ft
4,627

5400 Independence Ave, Arlington, TX 76017

5400 Independence Ave

Arlington, TX 76017

  • 127 days on market
    • Price drop $10,000↓
Welcome to this meticulously maintained home located on a spacious corner lot within a highly desirable gated community. Upon entering, you are greeted by wood scrapped tile flooring throughout the first floor, complemented by high ceilings, a versatile flex room and office with French doors, and the living room. The home opens up to a large family room anchored by a cozy fireplace and a separate dining area. The large kitchen boasts modern appliances and ample cabinet space. Retreat to the primary bedroom with a spa-like ensuite bathroom featuring dual vanities, a soaking tub, and an updated separate shower. Upstairs, new carpeting enhances the comfort of the spacious bedrooms, massive game room for recreation, and a media room. Outside you can enjoy the tranquility of a gazebo in the spacious and private back yard. Over $30k in enhancements have elevated the homes value and appeal: fresh paint, flooring, and 2 HVAC units.

Details

Property type

Single Family Residence

Est. home value

$548,562

Lot size

0.302 acres

Price per sq ft

$115

Year built

2002

Annual property taxes

$10,649

Monthly HOA fee

$25

Price History

10/29/2024
NTREIS

NTREIS #20668335

Price change
$530,000
-1.85%
10/14/2024
NTREIS

NTREIS #20668335

Price change
$540,000
-1.8%
10/01/2024
NTREIS

NTREIS #20668335

Price change
$549,900
-0.02%

Schools & Community

Elementary school: 

Patterson

Middle school: 

Unknown

High school: 

Kennedale

Community features: 

Gated

School district: 

Kennedale 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

$172,254
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$315,346
Cash to seller
$172,254

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

July 2020

Original loan amount

$346,967

Est. remaining balance

$315,346

Interest rate

3.15%

Loan type

FHA, 30 year

Seller

Jerry Lee Mills and Kristen Sanders

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?

Similar Homes Nearby

Price drop
NTREIS
$535,000
5 bd
|
4 ba
|
4,515 sq ft
|
House

5416 Independence Ave, Arlington, TX 76017

Price drop
NTREIS
$599,000
5 bd
|
4 ba
|
3,470 sq ft
|
House

4215 Murwick Dr, Arlington, TX 76016

Price drop
NTREIS
$530,000
5 bd
|
4 ba
|
4,469 sq ft
|
House

1132 River Rock Dr, Kennedale, TX 76060

Status: Active

Tomo last checked: 11/14/2024 at 11:25 AM

Listing updated: 10/29/2024 at 5:57 PM

Listed by: Jason Gowans-Golden, JPAR Arlington Phone #: (972) 836-9295

MLS: NTREIS #20668335

NTREIS logo

Recently listed in Arlington

$170,000|4 bd|1.0 ba|House
$265,000|3 bd|2.0 ba|House
$635,000|4 bd|4.0 ba|House
$387,000|5 bd|3.0 ba|House
$234,900|2 bd|2.0 ba|House
$474,000|4 bd|3.0 ba|House
$429,900|5 bd|4.0 ba|House