tomo logo

$335,000

Beds
2
Baths
2.0
sq ft
1,376

7220 Merlot Pl, Grand Prairie, TX 75054

7220 Merlot Pl

Grand Prairie, TX 75054

  • 104 days on market
    • Price drop $5,000↓
Upon entering this energy efficient villa, you will be greeted by a spacious open floor plan with soaring ceilings! This townhome is situated on a premium lot with prime location and offers over $30,000 in many beautiful upgrades, such as a gourmet kitchen with natural gas appliances, natural gas heat & plantation shutters throughout! The primary suite hosts an abundance of natural light with high ceilings, transom window and a sitting area! Primary bathroom with oversized walk-in shower with bench, separate sinks and sizable walk-in closet! Relax & entertain on the covered patio enclosed by a wrought iron fence overlooking green space! Located minutes from Joe Pool Lake marina with tons of entertainment, Cedar Hill State Park with walking trails & Tangle Ridge Golf Course! Enjoy easy living in this wonderful 55+ gated community with a community pool, furnished clubhouse with kitchen & fitness center, bocce ball court & dog park! Priced below market with all the upgrades!

Details

Property type

Townhouse

Est. home value

$347,500

Lot size

2,787.84 sq ft

Price per sq ft

$244

Year built

2021

Annual property taxes

$8,914

Monthly HOA fee

$254

Price History

06/07/2024
NTREIS

NTREIS #20563407

Price change
$335,000
-1.47%
03/20/2024
NTREIS

NTREIS #20563407

Listed
$340,000
07/30/2021
NTREIS

NTREIS #14464509

Removed

Schools & Community

Elementary school: 

Lakeridge

Middle school: 

Permenter

High school: 

Cedarhill

Community features: 

Pool, Clubhouse, Fitness Center, Gated

School district: 

Cedar Hill ISD

Senior community center: 

Yes

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

$86,957
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$221,243
Cash to seller
$86,957

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2021

Original loan amount

$236,139

Est. remaining balance

$221,243

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Priscila P Piper

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: 07/02/2024 at 8:20 PM

Listing updated: 06/07/2024 at 11:23 AM

Listed by: Sanford Finkelstein, Fort Worth Property Group Phone #: (817) 709-5526

MLS: NTREIS #20563407

NTREIS logo

Recently listed in Grand Prairie