tomo logo

$190,000

Beds
3
Baths
2.0
sq ft
1,645

5701 16th St, Lubbock, TX 79416

5701 16th St

Lubbock, TX 79416

  • 91 days on market
Great location, near Texas Tech and Lubbock Christian University campuses! This home has 3 large bedrooms, 2 full bathrooms, a 2 car garage, a large living area with a fireplace, inside utility and a large backyard! Book your showing today!

Details

Property type

Single Family Residence

Est. home value

$190,537

Lot size

8,190 sq ft

Price per sq ft

$116

Year built

1971

Annual property taxes

$3,038

Price History

09/24/2024
Lubbock

Lubbock #202413566

Listed
$190,000
06/29/2022
Lubbock

Lubbock #202205716

Removed
05/30/2018
Lubbock

Lubbock #201804112

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

$15,747
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$159,053
Cash to seller
$15,747

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

June 2022

Original loan amount

$164,835

Est. remaining balance

$159,053

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Johnny Hoggatt and Jana Hoggatt

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: 12/24/2024 at 7:10 AM

Listing updated: 12/04/2024 at 2:01 PM

Listed by: Nena Patterson, eXp Realty LLC

MLS: Lubbock #202413566

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