tomo logo

$1,799,900

Beds
5
Baths
6.0
sq ft
6,028

550 N Peytonville Ave, Southlake, TX 76092

550 N Peytonville Ave

Southlake, TX 76092

  • 62 days on market
    • Price drop $49,100↓
VIEWS, VIEWS, and more VIEWS… This luxurious Peytonville estate is now offered well below market value at $299 per Sq Ft, presenting an unparalleled opportunity for refined living with instant equity. Set on nearly an acre of prestigious land, this grand 6,000+ square foot estate is the epitome of sophistication. Beyond the iron fence and dual gates, discover a private sanctuary with a resort-style pool, spa, and a fully-equipped outdoor kitchen—ideal for entertaining in style. Inside, the estate features hardwood floors, three fireplaces, and a dedicated office space. The gourmet kitchen boasts a Viking 6-burner gas range, granite countertops, and French-inspired cabinetry, all seamlessly integrated into an open floor plan perfect for hosting. The main-floor primary suite offers a serene retreat with an updated ensuite bathroom featuring new quartz counters and modern lighting. Upstairs, you'll find four additional bedrooms, two updated bathrooms, a game room, and a media room. The pool house in the backyard provides flexibility and could easily be converted into a charming casita. This property represents an exceptional opportunity to own an elegant, expansive home at an extraordinary price.

Details

Property type

Single Family Residence

Est. home value

$1,910,773

Lot size

0.948 acres

Price per sq ft

$299

Year built

2000

Annual property taxes

$22,951

HOA fee

$564

Price History

11/06/2024
NTREIS

NTREIS #20722875

Listed
$1,799,900
11/06/2024
NTREIS

NTREIS #20722875

Removed
10/29/2024
NTREIS

NTREIS #20722875

Price change
$1,799,900
-2.66%

Schools & Community

Elementary school: 

Carroll

Middle school: 

Carroll

High school: 

Carroll

Community features: 

Pool, Clubhouse, Fishing, Lake, Park, Tennis Court(s)

School district: 

Carroll 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

$920,317
Asking price
$1,799,900
Closing costs (~8% of asking)
-$143,992
Est. remaining loan balance
-$735,591
Cash to seller
$920,317

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2018

Original loan amount

$835,000

Est. remaining balance

$735,591

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Richard Arthur Peterson and Julie Ann Peterson

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: 11/08/2024 at 12:50 PM

Listing updated: 11/06/2024 at 10:17 AM

Listed by: Frank Capovilla, Coldwell Banker Realty Phone #: (817) 329-9005

MLS: NTREIS #20722875

NTREIS logo

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