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$350,000

Beds
4
Baths
3.0
sq ft
2,738

3506 78th Dr, Lubbock, TX 79423

3506 78th Dr

Lubbock, TX 79423

  • 38 days on market
    • Price drop $10,000↓
Adorably remodeled 4 bed, 3 bath home in the heart of the Melonie Park South neighborhood. Upon entry you'll notice the bright colors, the honey oak vinyl plank flooring, and the perfectly sized formal dining room. The main living area has a soaring vaulted ceiling, and a floor to ceiling fireplace. The kitchen has been updated with new cabinets, quartz countertops, new appliances, and a huge walk-in pantry. The primary suite offers and double vanity, walk-in shower and two closets. The other three large bedrooms are all equipped with walk-in closets. The backyard is covered by two trees and plenty of room for your favorite activities!

Details

Property type

Single Family Residence

Est. home value

$328,667

Lot size

7,910 sq ft

Price per sq ft

$128

Year built

1971

Annual property taxes

$4,831

Price History

08/30/2024
Lubbock

Lubbock #202411561

Price change
$350,000
-2.78%
08/13/2024
Lubbock

Lubbock #202411561

Listed
$360,000
11/12/2021
Lubbock

Lubbock #202109896

Removed

Schools & Community

Elementary school: 

Honey

Middle school: 

Evans

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

$118,448
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$203,552
Cash to seller
$118,448

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

Seller’s Loan History

Lender

Hometrust Mortgage Co

Loan start date

November 2021

Original loan amount

$217,000

Est. remaining balance

$203,552

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Caleb Epley and Katherine Epley

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: 09/19/2024 at 7:45 PM

Listing updated: 09/05/2024 at 2:28 PM

Listed by: Cameron Seale, Williams & Company Real Estate

MLS: Lubbock #202411561

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