tomo logo

$360,000

Beds
3
Baths
2.5
sq ft
1,196

503 Nerren Cemetery Rd, Lufkin, TX 75901

503 Nerren Cemetery Rd

Lufkin, TX 75901

  • 296 days on market
    • Price drop $30,000↓
So excited to present this remarkable +/- 16 acre home nestled deep in the piney-woods of East Texas. This property has a beautiful 3 bedroom 2 bath home with all the comforts you would expect including kitchen appliances ,microwave, dishwasher, refrigerator, washer and dryer. Newly installed whole home propane powered generator will keep your lights on and your venison frozen in any weather, year round. The peace and serenity experienced here has to be experienced to be understood. There is an extensive security system newly installed. Beautiful 30X40 shop/workshop with an air conditioned office space. Storage space in shop with lift for easy lifting and storage access. Covered parking area close to the house and the shop. In 2019 the roof, septic system, air conditioner, carpet, paint, hot water heater, windows, doors, countertops, and appliances have all been replaced. Lots of wildlife in the front and back yard. Property has 3 feeders and 2 blinds. Schedule a showing and see this beautiful property for yourself! Seller eager to sell.

Details

Property type

Single Family Residence

Lot size

15.86 acres

Price per sq ft

$302

Year built

1992

Annual property taxes

$2,049

Price History

09/26/2024
Longview

Longview #20241304

Price change
$360,000
-7.69%
09/09/2024
Longview

Longview #20241304

Price change
$390,000
-2.26%
07/26/2024
Longview

Longview #20241304

Price change
$399,000
-1.48%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Huntington School Distric

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

$49,866
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$281,334
Cash to seller
$49,866

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

October 2022

Original loan amount

$290,000

Est. remaining balance

$281,334

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Robert Ohara

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: 12/25/2024 at 12:50 AM

Listing updated: 10/23/2024 at 1:30 PM

Listed by: Petra Surguy, eXp Realty LLC Phone #: (888) 519-7431

MLS: Longview #20241304

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