tomo logo

$1,400,000

Beds
5
Baths
6.5
sq ft
9,976

5440 Westside Dr, El Paso, TX 79932

5440 Westside Dr

El Paso, TX 79932

  • 158 days on market
    • Price drop $100,000↓
Custom home on 4.3 acres with Pool/Spa, Pool House, horse property and gated for privacy. Located past Tennis West in the Upper Valley. Sellers were renovating it & did not finish because of Covid. This would be a great project for the new Buyers. Home has 9976 sqft with 5 BR, 6.5 baths, Formal LR w/vaulted ceilings & FP, Den w/FP, Panelled Library w/FP, large kitchen. Primary BR with sitting area & FP. (Amenities: Shutters, French doors, marble floors, stained glass window, courtyards, circular drive, 3 car garage, irrigation.) Home is being sold ''As Is''. Photos are renderings of what house would look like after new owners renovate. Value is in the land & location! Other possibilities are to subdivide into several estate lots.

Details

Property type

Single Family Residence

Est. home value

$1,230,984

Lot size

4.3 acres

Price per sq ft

$141

Year built

1980

Annual property taxes

$10,088

Price History

08/14/2024
ElPaso

ElPaso #900658

Price change
$1,400,000
-6.67%
07/31/2024
ElPaso

ElPaso #900658

Price change
$1,500,000
+5.26%
06/03/2024
ElPaso

ElPaso #900658

Pending
$1,425,000

Schools & Community

Neighborhood: 

Northwest

Elementary school: 

Donald Lee Haskins

Middle school: 

Donald Lee Haskins

High school: 

Franklin

Community features: 

Gated

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

$307,078
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$980,922
Cash to seller
$307,078

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

Seller’s Loan History

Lender

Vantage Bank Texas

Loan start date

May 2021

Original loan amount

$1,055,000

Est. remaining balance

$980,922

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Ernesto Herrera and Nora I Herrera

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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780 Gomez Rd, El Paso, TX 79932

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$1,445,000
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5,428 sq ft
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4558 Lazy Willow Dr, El Paso, TX 79922

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ElPaso
$1,398,888
5 bd
|
5 ba
|
3,990 sq ft
|
House

636 Wild Willow Dr, El Paso, TX 79922

Status: Active

Tomo last checked: 10/05/2024 at 2:30 AM

Listing updated: 08/13/2024 at 10:15 PM

Listed by: Sue Jane Woo, Sandy Messer And Associates Phone #: (915) 740-5600

MLS: ElPaso #900658

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