tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
1,656

5923 S FM 51, Decatur, TX 76234

5923 S FM 51

Decatur, TX 76234

  • 632 days on market
    • Price drop $34,000↓
Great country home on 10 acs. Built by the current owner in 2009, this well maintained brick home features a large open kitchen-living area, perfect for entertaining. Other features include a large covered back porch, carport with enclosed shop, 15 X 20 storage building, and a cyclone fence around the home and yard. The property has paved frontage on two sides plus good sandy loam soil. Great location with quick access to Hwy. 114 and to Decatur and in the highly regarded Paradise ISD.

Details

Property type

Single Family Residence

Est. home value

$578,944

Lot size

10.0 acres

Price per sq ft

$318

Year built

2009

Annual property taxes

$1,911

Price History

10/29/2024
NTREIS

NTREIS #20268708

Price change
$525,000
-6.08%
08/05/2024
NTREIS

NTREIS #20268708

Price change
$559,000
-2.78%
04/11/2024
NTREIS

NTREIS #20268708

Price change
$575,000
-4.17%

Schools & Community

Elementary school: 

Paradise

Middle school: 

Paradise

High school: 

Paradise

School district: 

Paradise 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

$413,192
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$69,808
Cash to seller
$413,192

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2016

Original loan amount

$85,200

Est. remaining balance

$69,808

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Sharon Shackelford Sloan and Ronald L Sloan

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: 11/23/2024 at 4:25 AM

Listing updated: 11/06/2024 at 7:57 AM

Listed by: David Elkins, David Elkins Real Estate Phone #: (817) 304-2800

MLS: NTREIS #20268708

NTREIS logo

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