tomo logo

$359,900

Beds
4
Baths
2.0
sq ft
2,190

5604 116th St, Lubbock, TX 79424

5604 116th St

Lubbock, TX 79424

  • 59 days on market
    • Price drop $10,000↓
Welcome to Stonewood Estates! As you enter this 4 bedroom 2 bathroom home you are greeted with a tasteful open floor plan with a cathedral ceiling in the living room. The kitchen has a modern farmhouse design with stainless appliances, painted cabinets, brick backsplash, large island, coffee bar and walk-in pantry. Flooring is luxury vinyl plank in the main areas and brand new carpet in the bedrooms. The isolated primary suite with vaulted bedroom ceilings and spacious primary bathroom is connected to the utility room for greater ease and comfort. The enlarged patio makes this the entertainer's dream for fall fire pits or the seasonal BBQs. Landscaping in front and rear offers in ground sprinkler system. Located in Lubbock Cooper ISD, this property has incredible appeal. Just down the street from Lubbock's newest shopping and restaurants. It doesn't get much better than this!

Details

Property type

Single Family Residence

Est. home value

$352,620

Lot size

6,786 sq ft

Price per sq ft

$165

Year built

2019

Price History

09/28/2024
Lubbock

Lubbock #202412809

Price change
$359,900
-2.7%
09/10/2024
Lubbock

Lubbock #202412809

Listed
$369,900
04/24/2020
Lubbock

Lubbock #201909346

Removed

Schools & Community

Elementary school: 

Lubbock-Cooper West

Middle school: 

Lubbock-Cooper Bush

High school: 

Liberty High School

School district: 

Lubbock-Cooper 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

$91,203
Asking price
$359,900
Closing costs (~8% of asking)
-$28,792
Est. remaining loan balance
-$239,905
Cash to seller
$91,203

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

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

April 2020

Original loan amount

$265,050

Est. remaining balance

$239,905

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Tyler Peyton Driggers and Laura Elena Driggers

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: 11/08/2024 at 2:35 PM

Listing updated: 10/11/2024 at 10:36 AM

Listed by: Doug Duncan, Keller Williams Realty

MLS: Lubbock #202412809

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