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$309,900

Beds
3
Baths
2.0
sq ft
1,558

5603 Shady Hill Ln, Arlington, TX 76016

5603 Shady Hill Ln

Arlington, TX 76016

  • 34 days on market
    • Price drop $5,100↓
Welcome to your dream home in the coveted Lake Ridge subdivision of Arlington. This charming residence is only 3.5 miles from picturesque Lake Arlington and located near highly sought after schools. As you step inside, you'll be greeted by a bright and open floor plan, full of natural light, creating a warm and inviting atmosphere. The living room is the heart of the home, features new flooring and a cozy fireplace, perfect for relaxing evenings. The backyard oasis is a true highlight. Adorned with mature trees, it offers a retreat where you can unwind and enjoy the beauty of nature. With plenty of space for outdoor activities and gardening, this oversized private backyard can be loads of fun for your children, furry friends and family. Enough parking for 6 cars or your work truck. Conveniently located near I-20, this home provides easy access to shopping, dining, and entertainment options, making it a perfect choice for those seeking both serenity and convenience.

Details

Property type

Single Family Residence

Est. home value

$297,599

Lot size

7,797.24 sq ft

Price per sq ft

$199

Year built

1977

Annual property taxes

$4,792

Price History

06/18/2024
NTREIS

NTREIS #20632240

Price change
$309,900
-1.62%
05/31/2024
NTREIS

NTREIS #20632240

Listed
$315,000
07/20/2023
NTREIS

NTREIS #20340076

Removed

Schools & Community

Neighborhood: 

West

Elementary school: 

Ditto

Middle school: 

Unknown

High school: 

Martin

School district: 

Arlington 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

$39,505
Asking price
$309,900
Closing costs (~8% of asking)
-$24,792
Est. remaining loan balance
-$245,603
Cash to seller
$39,505

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

July 2023

Original loan amount

$248,000

Est. remaining balance

$245,603

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Judith D Mcrae and Charles D Mcrae

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 11:40 PM

Listing updated: 06/27/2024 at 5:05 PM

Listed by: Kimberly Jackson, Keller Williams Lonestar DFW Phone #: (817) 795-2500

MLS: NTREIS #20632240

NTREIS logo

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