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$390,000

Beds
4
Baths
3.0
sq ft
2,325

953 E Ovilla Rd, Red Oak, TX 75154

953 E Ovilla Rd

Red Oak, TX 75154

  • 13 days on market
    • Price drop $20,000↓
This spacious single-story home, sits on a 0.88-acre lot in the desirable Red Oak ISD, offers three bedrooms and two bathrooms. The open-concept living room features an upgraded fireplace, and the kitchen boasts new countertops and vinyl flooring. includes a mother in law suite with a full bath and walk in closet. With ample storage, the property includes an attached garage, an additional two-car garage structure, and two storage sheds-one with electricity, perfect for a workshop. Enjoy the comfort and convenience of this well-maintained home with room to grow.

Details

Property type

Single Family Residence

Est. home value

$388,980

Lot size

0.88 acres

Price per sq ft

$168

Year built

1989

Annual property taxes

$4,399

Price History

09/16/2024
NTREIS

NTREIS #20716306

Price change
$390,000
-4.88%
09/05/2024
NTREIS

NTREIS #20716306

Listed
$410,000

Schools & Community

Elementary school: 

Eastridge

Middle school: 

Red Oak

High school: 

Red Oak

School district: 

Red Oak 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

$34,473
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$324,327
Cash to seller
$34,473

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

Seller’s Loan History

Lender

Aspire Bank

Loan start date

April 2022

Original loan amount

$340,000

Est. remaining balance

$324,327

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Christopher M Merritt and Wendy Merritt

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: 09/19/2024 at 2:30 PM

Listing updated: 09/16/2024 at 1:39 PM

Listed by: Yara Jabr, MARK SPAIN REAL ESTATE Phone #: (770) 886-9000

MLS: NTREIS #20716306

NTREIS logo

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