tomo logo

$125,000

Beds
3
Baths
1.0
sq ft
1,278

1001 N Newsom St, Mineola, TX 75773

1001 N Newsom St

Mineola, TX 75773

  • 49 days on market
A small front porch offers a welcoming entryway. Huge corner lot in the heart of Mineola. Windows replaced and plumbing replaced in 2019. Charming cottage with easy access to everything Mineola has to offer. No government loans. Previously rented for $1,000 per month.

Details

Property type

Single Family Residence

Est. home value

$117,359

Lot size

Unknown

Price per sq ft

$98

Year built

1950

Annual property taxes

$1,850

Price History

11/04/2024
TylerTX

TylerTX #24015082

Listed
$125,000
12/14/2018
NTREIS

NTREIS #13849150

Removed

Schools & Community

Elementary school: 

Mineola

Middle school: 

Mineola

High school: 

Mineola

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

$103,501
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$11,499
Cash to seller
$103,501

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

Seller’s Loan History

Lender

Texas Bank And Trust Co

Loan start date

December 2018

Original loan amount

$40,000

Est. remaining balance

$11,499

Interest rate

4.86%

Loan type

Not Provided, 8 year

Seller

Pargin Enterprises Llc

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 12:05 PM

Listing updated: 12/02/2024 at 10:38 AM

Listed by: Kiersten S Crawford, Kiersten Crawford, Broker

MLS: TylerTX #24015082

TylerTX logo

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