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$190,000

Beds
3
Baths
2.0
sq ft
1,540

3407 Essex Ave, Lubbock, TX 79407

3407 Essex Ave

Lubbock, TX 79407

  • 187 days on market
    • Price drop $3,500↓
Price Reduction!!! $3,000 Flex Cash! Come see this wonderful modernized open concept home. This home is great for entertaining. Three bedrooms, two bathrooms and a two car garage boasts an isolated primary bedroom, beautiful fireplace with gas starter, large front yard, and metal roof. This home has been updated a few years ago and is ready for new owners. Its Location is just 10 minutes from Texas Tech and 5 minutes from Lubbock Christian University and located in a cul-de-sac.

Details

Property type

Single Family Residence

Est. home value

$208,984

Lot size

9,400 sq ft

Price per sq ft

$124

Year built

1978

Annual property taxes

$3,200

Price History

09/06/2024
Lubbock

Lubbock #202406317

Price change
$190,000
-1.81%
08/23/2024
Lubbock

Lubbock #202406317

Price change
$193,500
-0.26%
08/14/2024
Lubbock

Lubbock #202406317

Price change
$194,000
-2.51%

Schools & Community

Neighborhood: 

Bowie

Elementary school: 

Hardwick

Middle school: 

Mackenzie

High school: 

Coronado

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

$80,823
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$93,977
Cash to seller
$80,823

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

August 2017

Original loan amount

$110,000

Est. remaining balance

$93,977

Interest rate

3.88%

Loan type

New Conventional, 30 year

Seller

Thomas D Deason

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: 11/08/2024 at 9:15 AM

Listing updated: 10/08/2024 at 1:18 PM

Listed by: Liz Karr, Aycock Realty Group, LLC

MLS: Lubbock #202406317

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