tomo logo

$175,000

Beds
3
Baths
2.0
sq ft
1,305

2314 40th St, Lubbock, TX 79412

2314 40th St

Lubbock, TX 79412

  • 185 days on market
Stepping inside, you're welcomed by a warm and inviting atmosphere. The kitchen is a focal point of the home, equipped with modern appliances, ample counter space, and plenty of storage, making it ideal for culinary enthusiasts and casual cooks alike. Outside, the backyard offers a private escape, perfect for entertaining guests. Located in the heart of Lubbock! Across from the park!

Details

Property type

Single Family Residence

Est. home value

$133,635

Lot size

8,056 sq ft

Price per sq ft

$135

Year built

1959

Price History

09/18/2024
Lubbock

Lubbock #202403927

Listed
$175,000
09/09/2024
Lubbock

Lubbock #202403927

Removed
03/20/2024
Lubbock

Lubbock #202403927

Listed
$175,000

Schools & Community

Neighborhood: 

Clapp Park

Elementary school: 

Parsons

Middle school: 

Atkins

High school: 

Monterey

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

$59,280
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$101,720
Cash to seller
$59,280

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

Seller’s Loan History

Lender

City Bank

Loan start date

June 2022

Original loan amount

$105,000

Est. remaining balance

$101,720

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Chitra Arunachalam and Chidambara Ramalingam

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?

Similar Homes Nearby

Lubbock
$160,000
3 bd
|
2 ba
|
1,770 sq ft
|
House

3804 38th St, Lubbock, TX 79413

Price drop
Lubbock
$200,000
3 bd
|
2 ba
|
1,784 sq ft
|
House

2716 60th St, Lubbock, TX 79413

Lubbock
$199,000
3 bd
|
2 ba
|
1,555 sq ft
|
House

2218 25th St, Lubbock, TX 79411

Status: Active

Tomo last checked: 09/21/2024 at 9:10 AM

Listing updated: 09/18/2024 at 3:08 PM

Listed by: Renee Castro, Coldwell Banker Trusted Advisors

MLS: Lubbock #202403927

Lubbock logo

Recently listed in Lubbock

$265,000|4 bd|2.0 ba|House
$223,035|3 bd|2.0 ba|House
$219,035|3 bd|2.0 ba|House
$375,000|4 bd|3.0 ba|House
$140,000|2 bd|1.0 ba|House
$210,000|3 bd|2.0 ba|House
$125,000|3 bd|2.0 ba|House
$189,000|2 bd|2.0 ba|Townhouse
$340,000|3 bd|2.0 ba|House
$170,000|3 bd|2.0 ba|House