tomo logo

$244,500

Beds
7
Baths
4.0
sq ft
2,842

2900 Westbrook Ave, Fort Worth, TX 76111

2900 Westbrook Ave

Fort Worth, TX 76111

  • 102 days on market
    • Price drop $500↓
Looking for your next investment opportunity? This spacious property, located in the heart of Fort Worth, has tons of potential. While the home is in need of TLC, its size and location make it a prime candidate for a savvy investor or someone ready to bring their vision to life. The property was recently appraised at $250,000, and the motivated seller is open to considering reasonable offers. With the right renovations, this home could be transformed, whether as a personal residence or a profitable flip. However, it is being sold as-is, and due to the condition, it is not eligible for FHA financing. Ideal for those ready to purchase with conventional financing or cash buyers.

Details

Property type

Single Family Residence

Lot size

5,793.48 sq ft

Price per sq ft

$87

Year built

1950

Annual property taxes

$7,469

Price History

10/24/2024
NTREIS

NTREIS #20691347

Price change
$244,500
-0.2%
10/09/2024
NTREIS

NTREIS #20691347

Price change
$245,000
-2%
08/30/2024
NTREIS

NTREIS #20691347

Pending
$250,000

Schools & Community

Neighborhood: 

Scenic Bluff

Elementary school: 

Oakhurst

Middle school: 

Riverside

High school: 

Carter Riv

School district: 

Fort Worth 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

$75,216
Asking price
$244,500
Closing costs (~8% of asking)
-$19,560
Est. remaining loan balance
-$149,724
Cash to seller
$75,216

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

February 2018

Original loan amount

$172,500

Est. remaining balance

$149,724

Interest rate

3.99%

Loan type

New Conventional, 30 year

Seller

Bradley Piggott

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: 11/12/2024 at 2:10 PM

Listing updated: 10/24/2024 at 9:27 PM

Listed by: Veronica Sanders, JPAR Arlington Phone #: (972) 836-9295

MLS: NTREIS #20691347

NTREIS logo

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