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$245,000

Beds
3
Baths
2.0
sq ft
1,870

1601 Bangor Ave, Lubbock, TX 79416

1601 Bangor Ave

Lubbock, TX 79416

  • 16 days on market
    • Price drop $5,000↓
Incredible, updated, move-in ready, 3 bed, 2 bath home in Alford Terrace. You will love the modern, yet homey finishes in this home. Newer paint, newer appliances, the HVAC is less than a year old as well! This corner lot is mostly xeriscaped with a relaxing back porch and hot tub perfect for those late summer/fall nights in West Texas!

Details

Property type

Single Family Residence

Est. home value

$242,667

Lot size

8,909 sq ft

Price per sq ft

$132

Year built

1968

Annual property taxes

$2,900

Price History

09/11/2024
Lubbock

Lubbock #202412555

Price change
$245,000
09/03/2024
Lubbock

Lubbock #202410599

Removed
09/03/2024
Lubbock

Lubbock #202412555

Listed
$250,000

Schools & Community

Elementary school: 

Hardwick

Middle school: 

Mackenzie

High school: 

Coronado

School district: 

Lubbock 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

$12,425
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$212,975
Cash to seller
$12,425

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

Seller’s Loan History

Lender

Amarillo National Bank

Loan start date

August 2022

Original loan amount

$219,000

Est. remaining balance

$212,975

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Karla Elaine Dunn and Chris Alan Dunn

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 5:00 PM

Listing updated: 09/11/2024 at 2:48 PM

Listed by: Kristen Wright, Wright Realty and Design

MLS: Lubbock #202412555

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