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

  • 34 days on market
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 80"TV 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

10/23/2024
Lubbock

Lubbock #202414549

Listed
$369,000
04/22/2022
Lubbock

Lubbock #202201594

Removed
12/02/2020
Lubbock

Lubbock #202009702

Removed

Schools & Community

Elementary school: 

Whiteside

Middle school: 

Irons

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

$60,760
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$278,720
Cash to seller
$60,760

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

$278,720

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: 11/26/2024 at 6:50 AM

Listing updated: 11/04/2024 at 1:21 PM

Listed by: Charles Jiou, McDougal, REALTORS

MLS: Lubbock #202414549

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