tomo logo

$484,600

Beds
4
Baths
2.25
sq ft
1,371

502 Cincinnati Ave, El Paso, TX 79902

502 Cincinnati Ave

El Paso, TX 79902

  • 19 days on market
Welcome to your dream home! The main house features three-bedrooms, and 1 and a half bathrooms. Nestled in the prestigious Alexander/Kern Place area. Offering an exquisite blend of classic charm and modern luxury. An exceptional bonus is the additional apartment, ideal for generating rental income or hosting guests. This versatile space includes a full kitchen, living area and bathroom, ensuring privacy and comfort. Situated in a sought-after neighborhood, this home combines timeless elegance with contemporary amenities. Main house per cad is 1,371 sqft and apartment is 384 sqft

Details

Property type

Single Family Residence

Est. home value

$436,014

Lot size

6,344 sq ft

Price per sq ft

$354

Year built

1922

Annual property taxes

$11,960

Price History

06/14/2024
ElPaso

ElPaso #903371

Listed
$484,600

Schools & Community

Neighborhood: 

Central

Elementary school: 

Vilas

Middle school: 

Wiggs

High school: 

Elpaso

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

$134,208
Asking price
$484,600
Closing costs (~8% of asking)
-$38,768
Est. remaining loan balance
-$311,624
Cash to seller
$134,208

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

July 2021

Original loan amount

$332,500

Est. remaining balance

$311,624

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Sergio Andre Tovar

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: 07/03/2024 at 12:05 PM

Listing updated: 06/15/2024 at 1:25 PM

Listed by: Silvia Elva Aguero, New Beginnings Realty-1964 Phone #: (915) 274-3347

MLS: ElPaso #903371

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