tomo logo

$347,900

Beds
3
Baths
2.5
sq ft
2,397

1516 Alovera Ln, El Paso, TX 79912

1516 Alovera Ln

El Paso, TX 79912

  • 39 days on market
    • Price drop $12,000↓
This lovely home situated on the Westside is located on a cul-de-sac and it's just minutes away from local schools, trendy restaurants, walking trails, I-10, and Transmountain. This home features three living spaces (2 down, 1 up), a large pantry, a large laundry room, 2-car garage, washer, dryer, refrigerator, brand new water heater, backyard turf & solar panels (electric bill is $20). This home was converted to Refrigerated Air in 2021. NO CARPET DOWNSTAIRS, replaced in 2022! Three bedrooms upstairs, bathrooms with skylights and a loft complete this home that is ready for you!

Details

Property type

Single Family Residence

Est. home value

$333,609

Lot size

6,670 sq ft

Price per sq ft

$146

Year built

2004

Annual property taxes

$8,127

Price History

06/21/2024
ElPaso

ElPaso #902213

Price change
$347,900
-3.33%
05/25/2024
ElPaso

ElPaso #902213

Listed
$359,900

Schools & Community

Neighborhood: 

Northwest

Elementary school: 

Kohlberg

Middle school: 

Brown

High school: 

Franklin

High school district: 

Canutillo

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

$60,927
Asking price
$347,900
Closing costs (~8% of asking)
-$27,832
Est. remaining loan balance
-$259,141
Cash to seller
$60,927

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

April 2022

Original loan amount

$269,955

Est. remaining balance

$259,141

Interest rate

3.85%

Loan type

VA, 30 year

Seller

El Paso County

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: 07/03/2024 at 10:20 AM

Listing updated: 06/21/2024 at 10:55 AM

Listed by: Martha Saenz Calderon, BHGRE ELEVATE Phone #: (915) 726-8235

MLS: ElPaso #902213

ElPaso logo

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