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$389,999

Beds
4
Baths
3.25
sq ft
2,131

7178 Royal Palm St, El Paso, TX 79912

7178 Royal Palm St

El Paso, TX 79912

  • 22 days on market
    • Open house Jul 06
Welcome to your serene retreat in the Mountain Palms west side gated community! This charming home offers a tranquil view lot with breathtaking mountain vistas. With a gazebo in the backyard and spacious living areas, including a formal living room, it's perfect for entertaining or unwinding. Downstairs, discover a convenient maid's room with a bathroom, alongside a well-appointed kitchen and inviting living spaces. Conveniently located near shopping, dining, and outdoor recreation at Franklin Mountain State Park and within close proximity to esteemed educational institutions. Don't miss this opportunity for living in a peaceful setting!

Details

Property type

Single Family Residence

Est. home value

$345,499

Lot size

9,954 sq ft

Price per sq ft

$184

Year built

1999

Annual property taxes

$10,456.53

Monthly HOA fee

$60

Price History

06/14/2024
ElPaso

ElPaso #903433

Listed
$389,999
06/12/2024
ElPaso

ElPaso #899430

Removed
05/25/2024
ElPaso

ElPaso #899430

Price change
$389,999
-0.51%

Schools & Community

Neighborhood: 

Northwest

Elementary school: 

Tippin

Middle school: 

Hornedo

High school: 

Franklin

Community features: 

Gated

High school district: 

El Paso

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

$226,917
Asking price
$389,999
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$131,882
Cash to seller
$226,917

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

January 2018

Original loan amount

$151,160

Est. remaining balance

$131,882

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Peter Martinez

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: 07/06/2024 at 1:10 AM

Listing updated: 07/05/2024 at 6:45 PM

Listed by: Isela Castro, Home Pros Real Estate Group Phone #: (915) 422-7214

MLS: ElPaso #903433

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