tomo logo

$498,900

Beds
4
Baths
4.0
sq ft
2,799

5506 Blue Point Ln, Garland, TX 75043

5506 Blue Point Ln

Garland, TX 75043

  • 27 days on market
    • Price drop $20,100↓
Welcome to a stunning home by David Weekley Homes, located at the peaceful back of the community for extra tranquility. With easy access to all the modern conveniences along the busy I-30 corridor, this residence offers both convenience and privacy. Surrounded by the lush greenery of a greenbelt, it’s a perfect retreat from the hustle and bustle. The Ivyridge model boasts an impressive layout with 4 bedrooms, 3.5 baths, a study, and a 2-car garage, all spread over 2799 sq ft. The open-concept design seamlessly connects the spacious kitchen, dining, and family areas, making it ideal for gatherings and relaxation.Enjoy luxury in the oversized Owner's Retreat and Bath, located at the back of the home to maximize natural light and privacy. Attention to detail is evident throughout, especially in the second upstairs bedroom, which also comes with its own private ensuite bath, enhancing comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$489,578

Lot size

5,162 sq ft

Price per sq ft

$179

Year built

2020

Monthly HOA fee

$135

Price History

07/01/2024
NTREIS

NTREIS #20637906

Price change
$498,900
-3.87%
06/13/2024
NTREIS

NTREIS #20637906

Price change
$519,000
-1.14%
06/07/2024
NTREIS

NTREIS #20637906

Listed
$525,000

Schools & Community

Elementary school: 

Choice Of School

Middle school: 

Choice Of School

High school: 

Choice Of School

Community features: 

Park

School district: 

Garland 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

$120,408
Asking price
$498,900
Closing costs (~8% of asking)
-$39,912
Est. remaining loan balance
-$338,580
Cash to seller
$120,408

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

April 2021

Original loan amount

$363,201

Est. remaining balance

$338,580

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Birdena Lynn Bell and James St Lee Barlowe

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: 07/04/2024 at 9:25 PM

Listing updated: 07/01/2024 at 12:43 PM

Listed by: Crystal Gholston, Local Pro Realty LLC Phone #: (469) 993-3121

MLS: NTREIS #20637906

NTREIS logo

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