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$219,000

Beds
3
Baths
2.0
sq ft
1,650

5202 16th St, Lubbock, TX 79416

5202 16th St

Lubbock, TX 79416

  • 10 days on market
Charming freshly painted 3-Bedroom Home in Prime Lubbock Location! Welcome to 5202 16th St, a beautifully maintained home nestled in a cul-de-sac. This 3-bedroom, 2-bathroom gem offers a perfect blend of comfort, style, and convenience. With a spacious 1,650 square feet of living space, you'll find plenty of room to relax & entertain. Step inside to discover a bright and open floor plan with a welcoming living room. The kitchen features modern appliances, ample cabinetry, and a functional layout. The bedrooms are generously sized, providing comfort and privacy, while the bathrooms are well-appointed for your convenience. Enjoy the outdoors with a well-maintained yard, ideal for pets, gardening, or simply relaxing. The home is situated in a desirable neighborhood, close TTU & LCU.

Details

Property type

Single Family Residence

Est. home value

$209,872

Lot size

8,050 sq ft

Price per sq ft

$133

Year built

1970

Annual property taxes

$3,437

Price History

12/30/2024
Lubbock

Lubbock #202417304

Listed
$219,000
11/01/2019
Lubbock

Lubbock #201908462

Removed
10/26/2018
Lubbock

Lubbock #201807544

Removed

Schools & Community

Elementary school: 

Hardwick

Middle school: 

Mackenzie

High school: 

Coronado

School district: 

Lubbock 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

$84,791
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$116,689
Cash to seller
$84,791

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

Seller’s Loan History

Lender

State Farm Bank Fsb

Loan start date

November 2019

Original loan amount

$130,500

Est. remaining balance

$116,689

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Jeff C Gilbert and Sherri E Gilbert

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: 01/08/2025 at 9:20 PM

Listing updated: 12/31/2024 at 9:31 PM

Listed by: Justin Wright, Justin Wright Real Estate

MLS: Lubbock #202417304

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