tomo logo

$239,900

Beds
3
Baths
1.0
sq ft
1,702

1004 W 5th Ave, Corsicana, TX 75110

1004 W 5th Ave

Corsicana, TX 75110

  • 112 days on market
    • Price drop $30,000↓
Take a step back in time and immerse yourself in the charm and character of this captivating historical home, originally built in 1930. Offering 3 spacious bedrooms and 1 beautifully updated bathroom. The large bedrooms provide a perfect space for relaxation. The updated kitchen is a chef's delight, featuring modern appliances and an abundance of counter space for all your meal preparation needs. The cozy living room is an inviting space, ideal for entertaining guests or simply unwinding after a long day. Step outside to the expansive backyard, complete with a meticulously maintained garden that is perfect for enjoying the outdoors. The mature trees on the property offer shade and privacy, creating a tranquil oasis in the heart of the city. This historical home has been thoughtfully updated with a new roof, electrical system, and HVAC unit, ensuring modern comfort and convenience. Additionally, this property offers commercial potential, adding to its allure and versatility.

Details

Property type

Single Family Residence

Est. home value

$268,057

Lot size

0.296 acres

Price per sq ft

$141

Year built

1930

Annual property taxes

$2,416

Price History

08/05/2024
NTREIS

NTREIS #20630017

Listed
$239,900
07/31/2024
NTREIS

NTREIS #20630017

Pending
$239,900
07/08/2024
NTREIS

NTREIS #20630017

Price change
$239,900
-11.12%

Schools & Community

Elementary school: 

Bowie

Middle school: 

Corsicana

High school: 

Corsicana

School district: 

Corsicana 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

$172,239
Asking price
$239,900
Closing costs (~8% of asking)
-$19,192
Est. remaining loan balance
-$48,469
Cash to seller
$172,239

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

Seller’s Loan History

Lender

Evereit Financial Inc

Loan start date

September 2008

Original loan amount

$69,574

Est. remaining balance

$48,469

Interest rate

6.52%

Loan type

FHA, 30 year

Seller

Alfonso Covarrubias and Sandra Covarrubias

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 8:10 PM

Listing updated: 08/22/2024 at 3:20 PM

Listed by: Celestina Hillock, Ebby Halliday Realtors Phone #: (972) 692-0000

MLS: NTREIS #20630017

NTREIS logo

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