tomo logo

$100,000

Beds
3
Baths
2.0
sq ft
1,948

602 E 11th St, Kemp, TX 75143

602 E 11th St

Kemp, TX 75143

  • 58 days on market
    • Price drop $10,000↓
This three-bedroom, two-bathroom home sits on a spacious half-acre lot, offering ample room for outdoor activities or landscaping dreams. The kitchen features generous cabinet space, perfect for storage and organization, and opens up to a large dining room that connects to the living area, creating a welcoming space ideal for entertaining family and friends. Situated near the popular Cedar Creek Lake This charming three-bedroom, two-bathroom home sits on a spacious half-acre lot, offering ample room for outdoor activities or landscaping dreams. The kitchen features generous cabinet space, perfect for storage and organization, and opens up to a large dining room that seamlessly connects to the living area, creating a welcoming space ideal for entertaining family and friends. Situated near the popular Cedar Creek Lake All offers must be submitted at vrmproperties must register as a User, enter the property address, and click on “Start Offer”. 2) This property may qualify for Seller (Vendee). 3) Seller's name is Secretary of Veterans Affairs. Seller DOES NOT pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions; Lender Pre-Approval letter for offers (dated within last 30 days No Survey Available. If property was built prior to 1978, Lead Based Paint Potentially Exists.

Details

Property type

Single Family Residence

Est. home value

$230,736

Lot size

0.34 acres

Price per sq ft

$52

Year built

1900

Annual property taxes

$4,312

Price History

12/16/2024
NTREIS

NTREIS #20763233

Price change
$100,000
-9.09%
12/09/2024
NTREIS

NTREIS #20763233

Listed
$110,000
11/17/2024
NTREIS

NTREIS #20763233

Pending
$110,000

Schools & Community

Elementary school: 

Kemp

Middle school: 

Unknown

High school: 

Kemp

School district: 

Kemp 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

-$119,730
Asking price
$100,000
Closing costs (~8% of asking)
-$8,000
Est. remaining loan balance
-$211,730
Cash to seller
-$119,730

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

June 2022

Original loan amount

$220,000

Est. remaining balance

$211,730

Interest rate

5.11%

Loan type

VA, 30 year

Seller

Saul Cardenas Loredo and Esperanza Santoyo

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: 12/23/2024 at 7:45 AM

Listing updated: 12/16/2024 at 4:42 PM

Listed by: Ray King, Infinity Realty Group of Texas Phone #: (214) 418-6845

MLS: NTREIS #20763233

NTREIS logo

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