Ed's Opinion of Value

$819,481 Ed's Estimate: $905,924 $948,952
Lowest Comp Recommended List: $945,000 to $949,000 Highest Comp
The market data from 3 similar recent sales in 76571 points to a value of approximately $905,924. To sell within a reasonable timeframe at fair market value, the $945,000 to $949,000 range is where I'd position this. With 4 comparable homes on the market in 76571, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 2008 construction puts this home 8 years older than the comp average, a factor in the pricing. At 5.30 acres, the lot is larger than the 4.34 acre comp average, which factors into pricing. 4 similar homes are currently available in 76571, creating a buyer's market for this price range. In 76571, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 1265 Mourning Dove CT, Salado TX 76571, adjusting to $944,966; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
4 Beds
4 Baths 3 Full, 1 Half
3,263 Sq Ft
5.3 Acres
2008 Built
3 Garage

About This Property

Executive 4/3.5/3 on 5+ acres w/ study, formal dining, extensive crown molding w/beautiful tall baseboards throughout. Chef's kitchen with wine refrigerator, granite & custom cabinets. Three fireplaces w/ 1 on back patio w/ sink, BBQ area & surround sound for entertaining. Huge insulated barn/workshop w/ 3 12+ft roll up doors, covered patio w/ cable, phone, electrical, and water (no septic). Small office space inside that is heated/cooled. Home has TONS of storage and built in cabinetry in garage.FEMA - Unknown Sprinkler Sys:Yes

Features

  • Bookcases
  • Crown Molding
  • French Doors
  • Multiple Dining Areas
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Wired for Sound

Location

Schools

School District Salado ISD
Elementary Thomas Arnold
Middle School Salado
High School Salado

Property Details

Property Type Residential
Flooring Carpet, Terrazzo, Wood
Cooling Central Air
Heating Central, Electric
Exterior Gutters Full, Outdoor Kitchen, Private Yard, RV Hookup
County Bell
MLS # 7695652

Parking

Garage 3 spaces

HOA & Community

HOA Fee $204 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 7695652 208 days
Dec 8, 2014 Off Market
Dec 6, 2014 Pending
Nov 11, 2014 Price Change $499,900
May 12, 2014 Listed $515,000

Frequently Asked Questions About 1320 Long MDW, Salado TX 76571

When was 1320 Long MDW, Salado TX 76571 built?

1320 Long MDW, Salado TX 76571 was built in 2008.

How much does 1320 Long MDW, Salado TX 76571 cost?

1320 Long MDW, Salado TX 76571 sold on December 8, 2014. Contact us for sale price details.

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