tomo logo

$249,900

Beds
2
Baths
2.0
sq ft
1,277

822 Magnolia St, Arlington, TX 76012

822 Magnolia St

Arlington, TX 76012

  • <1 day on market
2 bed, 1.5 bath gem, perfect for investors looking to unlock its full potential. Situated on a generous corner lot adorned with mature trees, this property offers a serene and spacious setting. With one living area, an eat in kitchen, and dining space makes the layout functional and ready for your personal touches. The property includes a 1 car garage, a pergola for outdoor relaxation, and a convenient storage shed. While the house needs updates, it presents a fantastic opportunity to customize and renovate to your liking. Don't miss out on this great deal in a desirable location.

Details

Property type

Single Family Residence

Est. home value

$255,901

Lot size

0.379 acres

Price per sq ft

$196

Year built

1943

Annual property taxes

$5,185

Price History

11/07/2024
NTREIS

NTREIS #20710133

Removed
11/07/2024
NTREIS

NTREIS #20773172

Listed
$249,900
09/23/2024
NTREIS

NTREIS #20710133

Price change
$249,900
-3.51%

Schools & Community

Neighborhood: 

Central

Elementary school: 

Speer

Middle school: 

Unknown

High school: 

Lamar

School district: 

Arlington 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

$191,515
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$38,393
Cash to seller
$191,515

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

Seller’s Loan History

Lender

First Mtg Plus Financial Services Inc

Loan start date

November 2002

Original loan amount

$83,534

Est. remaining balance

$38,393

Interest rate

5.99%

Loan type

FHA, 30 year

Seller

Delores Miller

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?

Status: Active

Tomo last checked: 11/08/2024 at 6:20 AM

Listing updated: 11/07/2024 at 10:13 PM

Listed by: Eric Torres, TDT Realtors Phone #: (817) 239-0038

MLS: NTREIS #20773172

NTREIS logo

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