tomo logo

$250,000

Beds
3
Baths
2.5
sq ft
2,570

2711 55th St, Lubbock, TX 79413

2711 55th St

Lubbock, TX 79413

  • Pending
    • Price drop $5,000↓
View this home! A spacious 3-bedroom, 2.5-bath home in an established neighborhood. Abundant space with two living rooms and large enclosed back patio with Heat & AC for entertainment. Make the front living room into another bedroom/bath or game room with a wet bar! Great appliances and sleek quartz countertops make the kitchen pop. The refrigerator stays! Deep sink in Laundry room! The $3k+ Vivint Home Security System stays! Water sprinkler system, mature trees, and a tall private fenced backyard, there will be more fun in the yard! A large sliding gate and concrete drive in the backyard provide other options for storage (shop, trailer, boat). Back on market! Approved Short Sale, price was reduced $30k. Make an offer! Don't be shy, come see what this property has to offer!

Details

Property type

Single Family Residence

Est. home value

$272,075

Lot size

0.2686 acres

Price per sq ft

$98

Year built

1958

Annual property taxes

$3,724

Price History

09/19/2024
Lubbock

Lubbock #202316546

Pending
$250,000
09/10/2024
Lubbock

Lubbock #202316546

Price change
$250,000
-1.96%
08/10/2024
Lubbock

Lubbock #202316546

Price change
$255,000
-6.59%

Schools & Community

Neighborhood: 

Caprock

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

-$44,896
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$274,896
Cash to seller
-$44,896

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

Seller’s Loan History

Lender

Texas Tech Fcu

Loan start date

May 2023

Original loan amount

$279,000

Est. remaining balance

$274,896

Interest rate

6.27%

Loan type

VA, 30 year

Seller

Joe Robert Berrones and Kennedie Blair Berrones

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 11:45 AM

Listing updated: 09/19/2024 at 8:38 AM

Listed by: Chad Fortenberry, TechTown Realty

MLS: Lubbock #202316546

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