tomo logo

$594,900

Beds
4
Baths
4.0
sq ft
3,010

7051 Cedar Ct, Ovilla, TX 75154

7051 Cedar Ct

Ovilla, TX 75154

  • 268 days on market
    • Price drop $15,095↓
Welcome to your perfect retreat where cherished memories are made! This cozy former model home, designed with comfort in mind, features 4 main floor bedrooms. Enter through the grand 8 ft. doors to find graceful archways and abundant windows that bathe the space in natural light. The study showcases elegant barn doors, and a stunning faux stone fireplace adds a touch of warmth to the living area. The kitchen, the true heart of the home, boasts trendy gray-painted cabinets and a large island, perfect for gathering. Discover versatile spaces, including a media room complete with a movie screen, projector, and cozy theater seating, all of which will stay with the home for the new owners. Step outside to your own backyard oasis, featuring a covered patio, built-in grill, and play structure, all included with the home. Unwind under the charming pergola and by the inviting firepit. Located in Midlothian ISD, this home perfectly blends comfort and luxury, making your dream home a reality!

Details

Property type

Single Family Residence

Est. home value

$634,869

Lot size

0.402 acres

Price per sq ft

$198

Year built

2018

Annual property taxes

$9,840

Monthly HOA fee

$33.33

Price History

02/27/2024
NTREIS

NTREIS #20454296

Price change
$594,900
-2.47%
02/07/2024
NTREIS

NTREIS #20454296

Price change
$609,995
-0.81%
01/08/2024
NTREIS

NTREIS #20454296

Pending
$615,000

Schools & Community

Elementary school: 

Dolores McClatchey

Middle school: 

Walnut Grove

High school: 

Heritage

Community features: 

Curbs, Sidewalks

School district: 

Midlothian 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

$159,648
Asking price
$594,900
Closing costs (~8% of asking)
-$47,592
Est. remaining loan balance
-$387,660
Cash to seller
$159,648

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

October 2021

Original loan amount

$411,650

Est. remaining balance

$387,660

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Augustus W Mcgriff and Daniela Mcgriff

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: 07/07/2024 at 4:55 PM

Listing updated: 07/06/2024 at 2:13 PM

Listed by: Erlene Scharff, Dynamic Real Estate Group Phone #: (817) 223-9452

MLS: NTREIS #20454296

NTREIS logo

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