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$225,000

Beds
3
Baths
3.0
sq ft
1,963

3508 42nd St, Lubbock, TX 79413

3508 42nd St

Lubbock, TX 79413

  • 8 days on market
This home is centrally located, straight shot to Texas Tech and the Medical District. Very convenient to shopping and easy access to the loop. Fresh paint on the inside, some new flooring, new commodes for the 3 bathrooms, yes I said 3 bathrooms. Two large living areas, isolated primary bedroom off the family room, large kitchen with lots of cabinets. Second bedroom has its own bathroom and shower while the 3rd bedroom shares the 3rd bathroom with the hallway. Small sunroom that is not included in the sq ft total. Two storage buildings in the back. Lots of good space for you to enjoy.

Details

Property type

Single Family Residence

Est. home value

$205,502

Lot size

7,800 sq ft

Price per sq ft

$115

Year built

1954

Price History

10/31/2024
Lubbock

Lubbock #202414825

Listed
$225,000
08/06/2021
Lubbock

Lubbock #202105922

Removed
03/31/2017
Lubbock

Lubbock #201701430

Removed

Schools & Community

Neighborhood: 

Maedgen Area

Elementary school: 

Maedgen

Middle school: 

Hutchinson

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

$109,087
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$97,913
Cash to seller
$109,087

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

Seller’s Loan History

Lender

Royal United Mortgage Llc

Loan start date

August 2021

Original loan amount

$120,750

Est. remaining balance

$97,913

Interest rate

2.24%

Loan type

New Conventional, 15 year

Seller

Don Burnett and Kathryn Burnett

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 5:40 AM

Listing updated: 11/01/2024 at 1:05 PM

Listed by: Scott Toman, RE/MAX Lubbock

MLS: Lubbock #202414825

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