tomo logo

$230,000

Beds
3
Baths
2.0
sq ft
2,833

1607 56th St, Lubbock, TX 79412

1607 56th St

Lubbock, TX 79412

  • 7 days on market
Welcome home! If you need space this one is the ONE for you! This great home welcomes you with an amazing foyer that leads you into an oversized living room with a fireplace that will leave you speechless. The dining room is off of the kitchen making entertaining in this home a breeze. 3 spacious bedrooms, including an isolated primary suite is a great retreat. The secondary bathroom is the popular jack and jill design. The addition of an extremely large sunroom on the south side of the home is the perfect opportunity to have a flex space for whatever your needs may be.

Details

Property type

Single Family Residence

Est. home value

$217,301

Lot size

9,525 sq ft

Price per sq ft

$82

Year built

1963

Annual property taxes

$3,954

Price History

01/29/2025
Lubbock

Lubbock #202501493

Listed
$230,000
04/11/2022
Lubbock

Lubbock #202200950

Removed
12/17/2015
Lubbock

Lubbock #201506334

Removed

Schools & Community

Neighborhood: 

Baylees-Atkins

Elementary school: 

Bayless

Middle school: 

Atkins

High school: 

Monterey

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

$22,460
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$189,140
Cash to seller
$22,460

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

Seller’s Loan History

Lender

Hometrust Mortgage Co

Loan start date

April 2022

Original loan amount

$199,323

Est. remaining balance

$189,140

Interest rate

3.89%

Loan type

FHA, 30 year

Seller

Cristian Paez and Jasmine E Hernandez

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: 02/05/2025 at 5:50 PM

Listing updated: 02/03/2025 at 10:34 AM

Listed by: Shelley Woodbridge, Exit Realty of Lubbock Phone #: (806) 771-3900

MLS: Lubbock #202501493

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