tomo logo

$230,000

Beds
2
Baths
3.0
sq ft
1,815

718 Cresent Dr, Desoto, TX 75115

718 Cresent Dr

DeSoto, TX 75115

  • 106 days on market
    • Price drop $10,000↓
Charming 2-Bedroom, 2.5-Bath Half Duplex in DeSoto! Fresh exterior and interior paint as of January 2024, complemented by well-manicured landscaping. Newly installed laminate flooring throughout—no carpet! The spacious layout includes 2 bedrooms and 2.5 baths, with a primary bedroom featuring an attached bonus room, ideal for a home office or sitting area. The home also includes a welcoming living room, a cozy den, and an eat-in kitchen. Updates include bathroom renovations and a French drainage system. The exterior boasts a durable metal carport and a recently replaced roof, backed by a 5-year labor warranty and a 25-year manufacturer’s warranty. *Solar panels will be paid off at closing*, offering energy efficiency and long-term savings for the new owner. Home comes complete with 3 mounted flatscreen TVs, offering a turnkey experience! THERE'S MORE!!! This house comes with a locked in REDUCED RATE as low as 5.99% (APR 6.347%) as of 10.28.2024 through List & Lock™. This is a seller paid PERMANENT rate-buydown that reduces the buyer’s interest rate and monthly payment. Terms apply, see disclosures for more information.

Details

Property type

Single Family Residence

Est. home value

$287,481

Lot size

4,530.24 sq ft

Price per sq ft

$127

Year built

1986

Annual property taxes

$5,394

Price History

12/16/2024
NTREIS

NTREIS #20723564

Price change
$230,000
-4.17%
11/29/2024
NTREIS

NTREIS #20723564

Price change
$240,000
-2.04%
10/11/2024
NTREIS

NTREIS #20723564

Price change
$245,000
-1.21%

Schools & Community

Elementary school: 

Woodridge

Middle school: 

Curtistene S Mccowan

High school: 

Desoto

Community features: 

Curbs, Playground, Sidewalks

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

$141,121
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$70,479
Cash to seller
$141,121

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

Seller’s Loan History

Lender

Service First Mortgage Co

Loan start date

June 2015

Original loan amount

$88,369

Est. remaining balance

$70,479

Interest rate

3.8%

Loan type

FHA, 30 year

Seller

Britney Fisher

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: 12/23/2024 at 4:35 AM

Listing updated: 12/21/2024 at 3:08 PM

Listed by: Erica McKenzie, TDRealty Phone #: (817) 890-7325

MLS: NTREIS #20723564

NTREIS logo

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