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$340,000

Beds
3
Baths
3.0
sq ft
2,334

716 Fall Wheat Dr, Desoto, TX 75115

716 Fall Wheat Dr

DeSoto, TX 75115

  • 133 days on market
    • Price drop $4,999↓
Offering $20,000 in cash back at closing! Use this to secure a low interest rate like 4%! Or Cover Closing Costs and upgrades! Recent renovations have enhanced the home's appeal, including new paint and flooring throughout, new counters, and new appliances, creating a fresh and modern ambiance.The interior features a well-designed floor plan that seamlessly connects the living areas. The living room is adorned with a cozy dual side fireplace, perfect for gathering around during colder months. The kitchen boasts modern appliances and ample counter and cabinet space, making meal preparation a breeze. The 3 bedrooms provide generous accommodation options, with the master suite offering an en-suite bathroom. The remaining bedrooms are spacious and bright, with easy access to the additional bathrooms. Outside, the property offers a well-maintained yard and landscaping, providing a welcoming curb appeal. The backyard provides a peaceful oasis, perfect for outdoor relaxation or entertaining.

Details

Property type

Single Family Residence

Est. home value

$323,194

Lot size

7,884.36 sq ft

Price per sq ft

$146

Year built

1990

Annual property taxes

$7,575

Price History

06/26/2024
NTREIS

NTREIS #20539601

Price change
$340,000
-1.45%
06/20/2024
NTREIS

NTREIS #20539601

Price change
$344,999
06/14/2024
NTREIS

NTREIS #20539601

Price change
$345,000
-1.43%

Schools & Community

Elementary school: 

Moates

Middle school: 

Desoto West

High school: 

Desoto

School district: 

Desoto 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

$223,052
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$89,748
Cash to seller
$223,052

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

Seller’s Loan History

Lender

Dba Waters Edge Llc

Loan start date

June 2006

Original loan amount

$141,680

Est. remaining balance

$89,748

Interest rate

6.58%

Loan type

FHA, 30 year

Seller

Wayne A Stephens and Angela L Sillemon

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 10:20 PM

Listing updated: 06/26/2024 at 11:23 AM

Listed by: Mike Roberts, Regal, REALTORS Phone #: (972) 771-6970

MLS: NTREIS #20539601

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