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$179,000

Beds
3
Baths
1.0
sq ft
1,362

5308 Tropicana Ave, El Paso, TX 79924

5308 Tropicana Ave

El Paso, TX 79924

  • 53 days on market
    • Price drop $6,000↓
Welcome to 5308 Tropicana, a beautifully updated home perfect for families .This inviting property features 3 spacious bedrooms and a modern bathroom, providing ample space for comfort and relaxation. Located in the desirable Northeast area, you'll enjoy easy access to Loop 375, making your commute a breeze. Plus, with Fort Bliss just a short drive away, this home is ideal for those stationed in the area and walking distance to high school. Step inside to discover a bright, open layout with contemporary finishes throughout. The updated kitchen boasts modern appliances and plenty of counter space, perfect for cooking and entertaining. The cozy living area is filled with natural light, creating a warm and welcoming atmosphere. The large backyard offers endless possibilities for outdoor activities and relaxation, making it a perfect retreat after a long day. Don't miss out on this fantastic opportunity—schedule your showing today and experience all that 5308 Tropicana has to offer!

Details

Property type

Single Family Residence

Est. home value

$165,451

Lot size

6,075 sq ft

Price per sq ft

$132

Year built

1959

Annual property taxes

$3,650

Price History

11/14/2024
ElPaso

ElPaso #911460

Price change
$179,000
-3.24%
10/30/2024
ElPaso

ElPaso #911460

Listed
$185,000

Schools & Community

Neighborhood: 

Northeast

Elementary school: 

Collins

Middle school: 

Terrhls

High school: 

Andress

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

$83,511
Asking price
$179,000
Closing costs (~8% of asking)
-$14,320
Est. remaining loan balance
-$81,169
Cash to seller
$83,511

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

Seller’s Loan History

Lender

Eustis Mortgage Corp

Loan start date

April 2021

Original loan amount

$86,800

Est. remaining balance

$81,169

Interest rate

2.81%

Loan type

New Conventional, 35 year

Seller

Peyman Kimasi

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: 12/22/2024 at 12:40 PM

Listing updated: 11/13/2024 at 10:30 PM

Listed by: Bina Kimasi, eXp Realty LLC Phone #: (915) 252-1495

MLS: ElPaso #911460

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