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$120,000

Beds
3
Baths
1.0
sq ft
1,384

3704 Avenue R, Lubbock, TX 79412

3704 Avenue R

Lubbock, TX 79412

  • 48 days on market
    • Price drop $8,000↓
Attention Investors. Renovated 3/1/1 with 1 year lease in place through 11/20/2025 for your portfolio. This updated property features 3 large bedrooms with walk-in closets. Clean, new floors, doors, paint, countertops, lighting, double vanity sinks, metal roof, and the list goes on! Big fenced backyard, large shade trees, and nice concrete patio for outdoor enjoyment. Priced well below recent appraisal for a quick sale. Video walk through available.

Details

Property type

Single Family Residence

Est. home value

$140,204

Lot size

5,750 sq ft

Price per sq ft

$87

Year built

1953

Annual property taxes

$2,650

Price History

11/22/2024
Lubbock

Lubbock #202415371

Listed
$120,000
11/18/2024
Lubbock

Lubbock #202415371

Removed
11/14/2024
Lubbock

Lubbock #202415371

Price change
$128,000
-1.54%

Schools & Community

Neighborhood: 

Clapp Park

Elementary school: 

Bean

Middle school: 

Slaton

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

$60,081
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$50,319
Cash to seller
$60,081

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

April 2023

Original loan amount

$51,296

Est. remaining balance

$50,319

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Brandon R Napper and Charlotte C Boyett Napper

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: 12/22/2024 at 9:50 AM

Listing updated: 11/22/2024 at 1:01 PM

Listed by: Charlotte Boyett Napper, Aycock Realty Group, LLC

MLS: Lubbock #202415371

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