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$275,000

Beds
3
Baths
2.0
sq ft
2,120

1101 N Oak Ave, Mineral Wells, TX 76067

1101 N Oak Ave

Mineral Wells, TX 76067

  • 27 days on market
Fully renovated iconic home in the up and coming downtown district of Mineral Wells! The classic look with modern updates will impress every buyers wants! Large granite island kitchen with brand new cabinets and stainless steel appliances. Large living room with decorative fireplace leading to the arched glass doors in dining room. Master bedroom with original refinished wood floors and nice large master closet sure to please! This home has all new HVAC, new electrical wiring, all new plumbing, all new foundation and built to last! All Improvements done in 2021 Not attached is a 2 story apartment that needs a lot of repair.

Details

Property type

Single Family Residence

Est. home value

$226,665

Lot size

7,492.32 sq ft

Price per sq ft

$130

Year built

1924

Annual property taxes

$5,820

Price History

11/27/2024
NTREIS

NTREIS #20786437

Listed
$275,000
10/26/2021
NTREIS

NTREIS #14485949

Removed
10/26/2018
NTREIS

NTREIS #13818063

Removed

Schools & Community

Elementary school: 

Houston

Middle school: 

Mineralwel

High school: 

Mineralwel

School district: 

Mineral Wells 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

$110,543
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$142,457
Cash to seller
$110,543

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

Seller’s Loan History

Lender

Willow Bend Mortgage Co

Loan start date

October 2021

Original loan amount

$152,800

Est. remaining balance

$142,457

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Carl P Faust Jr and Carl P Faust Jr Revocable Living Trust

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: 12/24/2024 at 7:15 AM

Listing updated: 11/27/2024 at 1:13 AM

Listed by: Ronda Gibson Brown, Gibson Realty Group, LLC Phone #: (940) 779-2891

MLS: NTREIS #20786437

NTREIS logo

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