tomo logo

$219,999

Beds
3
Baths
2.0
sq ft
Unknown

5008 Salem Dr, El Paso, TX 79924

5008 Salem Dr

El Paso, TX 79924

  • 112 days on market
    • Price drop $5,000↓
Welcome to this cozy 3-bedroom, 2-bathroom home located in Northeast El Paso, close to major highways for added convenience. The converted garage offers flexible space for a home office, playroom, or additional storage. The living room features a charming fireplace, perfect for cozy nights in. Step into the backyard and enjoy the refreshing pool, recently outfitted with a new pump and heater, ideal for summer days. Both the front and back yards are thoughtfully landscaped, and the gated front yard adds an extra layer of privacy. With brick and siding exterior walls this home is move-in ready and waiting for you! SCHEDULE YOUR SHOWING NOW!

Details

Property type

Single Family Residence

Est. home value

$220,344

Lot size

6,500 sq ft

Price per sq ft

Unknown

Year built

1976

Annual property taxes

$1,987

Price History

10/11/2024
ElPaso

ElPaso #909138

Price change
$219,999
-2.22%
09/20/2024
ElPaso

ElPaso #909138

Listed
$224,999

Schools & Community

Neighborhood: 

Northeast

Elementary school: 

Dr. Joseph E. Torres Elementary

Middle school: 

Charles

High school: 

Andress

High school district: 

El Paso

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

$12,141
Asking price
$219,999
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$190,258
Cash to seller
$12,141

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2023

Original loan amount

$193,000

Est. remaining balance

$190,258

Interest rate

6.81%

Loan type

VA, 30 year

Seller

Jesus Manuel Reza Jr and Maria Del Consuelo Reza

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: 01/10/2025 at 7:45 AM

Listing updated: 01/06/2025 at 1:40 AM

Listed by: Yumaira Herrera, REAL Broker LLC Phone #: (915) 276-4646

MLS: ElPaso #909138

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