tomo logo

$599,000

Beds
5
Baths
3.0
sq ft
3,696

502 W Hubbard St, Mineral Wells, TX 76067

502 W Hubbard St

Mineral Wells, TX 76067

  • 175 days on market
    • Price drop $26,000↓
Nestled on a corner lot in the heart of historic Mineral Wells sits this classically designed 2-story home featuring 5 bedrooms and 3 bath. This property is perfectly situated for a business from home, Airbnb, salon, or bed and breakfast. This home has several of the original features inside the home, with beautifully planned updates. With stunning views of the Baker, you'll love having coffee on your wrap around porch in the mornings! The tall windows in each room allow natural light to cascade throughout the home. The living area is wrapped in gorgeous wainscotting and features a brick fireplace with original detail. The European style chef's kitchen is highlighted with beautiful custom-made cabinetry. Refinished original hardwood floors flow throughout the home. The foundation has been restored and new HVAC systems installed both upstairs and downstairs. The backyard is shaded with several trees and a concrete pad for RV storage. Don't miss out on such a unique property!

Details

Property type

Single Family Residence

Est. home value

$347,135

Lot size

9,844.56 sq ft

Price per sq ft

$163

Year built

1900

Annual property taxes

$6,741

Price History

09/04/2024
NTREIS

NTREIS #20660220

Price change
$599,000
-4.16%
07/02/2024
NTREIS

NTREIS #20660220

Listed
$625,000
07/31/2020
NTREIS

NTREIS #14187157

Removed

Schools & Community

Elementary school: 

Lamar

Middle school: 

Mineralwel

High school: 

Mineralwel

School district: 

Mineral Wells 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

$365,022
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$186,058
Cash to seller
$365,022

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2021

Original loan amount

$200,000

Est. remaining balance

$186,058

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Alice Claudine Martyn

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: 12/24/2024 at 7:40 PM

Listing updated: 09/15/2024 at 3:09 PM

Listed by: LaTisha Grant, BOURQUIN REALTY Phone #: (940) 329-5070

MLS: NTREIS #20660220

NTREIS logo

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