tomo logo

$299,000

Beds
4
Baths
3.0
sq ft
1,971

4317 31st St, Lubbock, TX 79410

4317 31st St

Lubbock, TX 79410

  • 64 days on market
    • Price drop $26,000↓
Prime investment property that checks all the boxes near TTU and the Medical District. Two bedrooms have ensuite baths. Large living area, and the spacious dining room could be multipurpose. Perfect setup for students with a nice covered patio.

Details

Property type

Single Family Residence

Est. home value

$182,241

Lot size

7,950 sq ft

Price per sq ft

$152

Year built

1965

Annual property taxes

$2,811

Price History

09/01/2024
Lubbock

Lubbock #202409741

Price change
$299,000
-8%
07/17/2024
Lubbock

Lubbock #202409741

Listed
$325,000
10/31/2020
Lubbock

Lubbock #202008760

Removed

Schools & Community

Neighborhood: 

Maxey Park

Elementary school: 

Overton

Middle school: 

Smylie Wilson

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

$185,901
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$89,179
Cash to seller
$185,901

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

October 2020

Original loan amount

$97,500

Est. remaining balance

$89,179

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michael Strom

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 11:15 AM

Listing updated: 09/01/2024 at 6:48 PM

Listed by: Mendi Awtry, Aycock Realty Group, LLC

MLS: Lubbock #202409741

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