tomo logo

$584,900

Beds
7
Baths
3.75
sq ft
Unknown

1611 N Florence St, El Paso, TX 79902

1611 N Florence St

El Paso, TX 79902

  • 27 days on market
    • Price drop $50↓
Location, Design. Views. This masterpiece has been created by one of El Paso's finest architects whose sense of detail is unmatched. Its location provides you beautiful view of the El Paso downtown. The design has revamped this property and cultivated the home of your dreams. Immerse yourself near the heart of El Paso, where the historical charm is most prevalent in this gorgeous brick home. The main level consists of 2,309 SF, with wood floors, which includes 4 BD & 2 BA, plus an office. With open concept floorplan, foyer, dining area, wet bar. The kitchen features an L-shape counter space, plenty of cabinetry, as well as access to the utility area. The lower level is 2,151 SF. Completely updated in 2022. One studio with cosine and bathroom. Also, Family room, 2 bedrooms, 2 bathrooms dining room, kitchen, laundry room. All appliances are included. Solar panels installed in 2020 are paid off, roof replaced in 2020. double garage, refrigerate air. Electric car connection fixture will not stay.

Details

Property type

Single Family Residence

Est. home value

$643,300

Lot size

6,344 sq ft

Price per sq ft

Unknown

Year built

1967

Annual property taxes

$6,586

Price History

12/20/2024
ElPaso

ElPaso #912900

Price change
$584,900
-0.01%
12/10/2024
ElPaso

ElPaso #912900

Price change
$584,950
-0.01%
11/27/2024
ElPaso

ElPaso #912900

Listed
$585,000

Schools & Community

Neighborhood: 

El Paso High

Elementary school: 

Lamar

Middle school: 

Wiggs

High school: 

Elpaso

High school district: 

El Paso

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

$309,186
Asking price
$584,900
Closing costs (~8% of asking)
-$46,792
Est. remaining loan balance
-$228,922
Cash to seller
$309,186

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

Seller’s Loan History

Lender

Cadence Lending Group Inc

Loan start date

December 2019

Original loan amount

$254,140

Est. remaining balance

$228,922

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

George Aide Jomenenz and Muralikrishna Padala

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: 12/22/2024 at 11:40 AM

Listing updated: 12/19/2024 at 11:30 PM

Listed by: Jorge Alfonso Nieves, Colonial Real Estate Phone #: (915) 373-7950

MLS: ElPaso #912900

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