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$94,500

Beds
2
Baths
1.0
sq ft
1,036

608 S Montgomery St, Gilmer, TX 75644

608 S Montgomery St

Gilmer, TX 75644

  • 146 days on market
    • Price drop $5,000↓
TWO BEDROOM 1 BATH FRAM JUST WALKING DISTANCE FROM DOWNTOWN, COVERED FRONT PORCH OVERLOOKS CORNER LOT WITH LOTS OF MATURE TREES.

Details

Property type

Single Family Residence

Est. home value

$144,737

Lot size

7,754 sq ft

Price per sq ft

$92

Year built

1965

Annual property taxes

$2,234.67

Price History

09/16/2024
Longview

Longview #20244803

Price change
$94,500
-5.03%
08/01/2024
Longview

Longview #20244803

Listed
$99,500
02/20/2024
Longview

Longview #20234407

Removed

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

GILMER 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

-$35,381
Asking price
$94,500
Closing costs (~8% of asking)
-$7,560
Est. remaining loan balance
-$122,321
Cash to seller
-$35,381

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

Seller’s Loan History

Lender

Southwest Funding Lp

Loan start date

July 2022

Original loan amount

$126,653

Est. remaining balance

$122,321

Interest rate

5.23%

Loan type

FHA, 30 year

Seller

Eric Smith

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: 12/25/2024 at 12:20 AM

Listing updated: 09/16/2024 at 9:58 AM

Listed by: Mark W Coleman, TX Farms & Ranches/Park Village Phone #: (903) 663-5000

MLS: Longview #20244803

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