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$162,700

Beds
3
Baths
1.0
sq ft
1,050

716 SE 7th Ave, Mineral Wells, TX 76067

716 SE 7th Ave

Mineral Wells, TX 76067

  • 34 days on market
    • Price drop $6,000↓
This beautifully reimagined and thoughtfully designed home, located in the heart of Mineral Wells, offers a fully remodeled interior with a maximized layout that makes the most of every inch of space. Featuring 3 bedrooms and 1 full bath, the home boasts convenient washer and dryer hookups in the primary bedroom’s closet for easy laundry access. The open-concept living and kitchen areas create a seamless flow, keeping the space warm and inviting. The charming kitchen is equipped with stainless steel appliances, perfect for modern living.

Details

Property type

Single Family Residence

Est. home value

$102,042

Lot size

4,200 sq ft

Price per sq ft

$155

Year built

1940

Annual property taxes

$708

Price History

11/19/2024
NTREIS

NTREIS #20758472

Price change
$162,700
-3.56%
10/28/2024
NTREIS

NTREIS #20758472

Price change
$168,700
-3.43%
10/19/2024
NTREIS

NTREIS #20758472

Listed
$174,700

Schools & Community

Elementary school: 

Lamar

Middle school: 

Mineralwel

High school: 

Mineralwel

School district: 

Mineral Wells 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

$43,663
Asking price
$162,700
Closing costs (~8% of asking)
-$13,016
Est. remaining loan balance
-$106,021
Cash to seller
$43,663

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2023

Original loan amount

$106,837

Est. remaining balance

$106,021

Interest rate

7.5%

Loan type

FHA, 30 year

Seller

Cameron Mccracken

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: 11/23/2024 at 5:40 AM

Listing updated: 11/19/2024 at 9:37 AM

Listed by: Albert Ramirez, Cates & Company Phone #: (817) 946-7775

MLS: NTREIS #20758472

NTREIS logo

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