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$229,900

Beds
4
Baths
3.0
sq ft
1,768

2602 48th St, Lubbock, TX 79413

2602 48th St

Lubbock, TX 79413

  • 50 days on market
    • Price drop $5,000↓
Step into this stunningly renovated 4-bedroom, 3-bathroom home, revamped from the floor to the ceiling and more. The extensive remodel includes all electrical and plumbing systems and the roof. Everything inside the house has been replaced including double-pane windows, 6-panel doors, all new appliances, cabinets and light fixtures, Vinyl plank, carpet, foam insolation and new roof. Enjoy the spacious laundry room and basement. THE 4th bedroom could serve as a secondary primary suite with its own bath and closet. Every window has 2 inch faux wood blind. There is a large (new)fenced in backyard, making it ideal for family. Don't miss this one! This is a new house on a very solid pier and beam foundation built in 1958 and completely renovated in 2024. Buy a like new house and save over $90,000. The property qualifies for a FHA or VA MMCT grant of up to $5,000.00 that can be applied to closing cost.

Details

Property type

Single Family Residence

Est. home value

$161,288

Lot size

8,450 sq ft

Price per sq ft

$131

Year built

1958

Annual property taxes

$657

Price History

08/23/2024
Lubbock

Lubbock #202410870

Price change
$229,900
-2.13%
08/06/2024
Lubbock

Lubbock #202410870

Price change
$234,900
-1.72%
07/31/2024
Lubbock

Lubbock #202410870

Listed
$239,000

Schools & Community

Neighborhood: 

Wheelock & Monterey

Elementary school: 

Wheelock

Middle school: 

Slaton

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

$118,529
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$92,979
Cash to seller
$118,529

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

February 2020

Original loan amount

$102,046

Est. remaining balance

$92,979

Interest rate

3.72%

Loan type

FHA, 30 year

Seller

Whitney N Santiago and Jason M Santiago

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: 09/18/2024 at 8:50 PM

Listing updated: 09/01/2024 at 8:18 AM

Listed by: Charley Camp, Exit Realty of Lubbock

MLS: Lubbock #202410870

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