tomo logo

$369,000

Beds
4
Baths
3.0
sq ft
3,476

5729 71st St, Lubbock, TX 79424

5729 71st St

Lubbock, TX 79424

  • 33 days on market
    • Open house Mar 01
Beautiful 4/3/2 w/basement in Farrar Mesa w/Chicago style brick. Spacious home almost 3,500 SF, two large master bedrooms (one has been updated) - one would make a great mother-in-law suite. Entertaining sunroom with a wet bar, nice full size basement w/large Samsung 80TV and 4 theater style seats that would convey with acceptable offer. Large laundry room with sink and room for extra refrigerator and a project area. Kitchen refrigerator would convey with house. Close to best dining, shopping and entertainment. Schedule your private showing today, this gem won't last long!

Details

Property type

Single Family Residence

Est. home value

$370,511

Lot size

9,558 sq ft

Price per sq ft

$107

Year built

1978

Annual property taxes

$5,324

Price History

01/28/2025
Lubbock

Lubbock #202004122

Removed
01/27/2025
Lubbock

Lubbock #202414549

Removed
01/27/2025
Lubbock

Lubbock #202414549

Listed
$369,000

Schools & Community

Elementary school: 

Whiteside

Middle school: 

Irons

High school: 

Coronado

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

$62,221
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$277,259
Cash to seller
$62,221

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

April 2022

Original loan amount

$293,040

Est. remaining balance

$277,259

Interest rate

3.76%

Loan type

FHA, 30 year

Seller

Mary E Rich and Michael Rich

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: 02/28/2025 at 9:50 PM

Listing updated: 02/24/2025 at 10:07 AM

Listed by: Charles Jiou, McDougal, REALTORS Phone #: (806) 793-0703

MLS: Lubbock #202501368

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