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$333,333

Beds
3
Baths
3.0
sq ft
2,118

503 Short St, Smithville, TX 78957

503 Short St

Smithville, TX 78957

  • 48 days on market
    • Price drop $18,667↓
SELLER FINANCING AVAILABLE Sweet cottage is bigger than it looks. 2118 sq ft - 3 bedrooms with 3 full baths. Beautiful bamboo floors! Kitchen has been updated with granite counters farmhouse sink, 5 burner ceramic cook-top, and built in oven. Electric fireplace upstairs and down for great ambiance. Some of the ceiling fans even have ceramic heaters.Dining area is a built in desk and a bookcase door hiding a secret room with a safe. Upstairs is its own retreat with a bedroom, living area with a kitchenette and a bath with walk in shower. The older garage has alley access, a small workshop. The house was rented for the past 2 years and is in the process of getting some repairs done, great opportunity.

Details

Property type

Single Family Residence

Est. home value

$456,262

Lot size

8,407.08 sq ft

Price per sq ft

$158

Year built

1938

Annual property taxes

$7,359.53

HOA

No

Price History

09/15/2024
Austin

Austin #2937348

Price change
$333,333
-5.3%
08/18/2024
Austin

Austin #2937348

Listed
$352,000
08/15/2024
Austin

Austin #2937348

Removed

Schools & Community

Elementary school: 

Brown Primary

Middle school: 

Smithville

High school: 

Smithville

High school district: 

Smithville 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

$253,835
Asking price
$333,333
Closing costs (~8% of asking)
-$26,667
Est. remaining loan balance
-$52,831
Cash to seller
$253,835

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2005

Original loan amount

$94,080

Est. remaining balance

$52,831

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Felipe Jesus Lopez

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 10:40 PM

Listing updated: 09/15/2024 at 8:40 AM

Listed by: Nora Jane Gallegos, Respace LLC Phone #: (512) 472-0048

MLS: Austin #2937348

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