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$225,000

Beds
3
Baths
2.0
sq ft
1,346

718 Lipscomb St, Bonham, TX 75418

718 Lipscomb St

Bonham, TX 75418

  • 137 days on market
    • Price drop $10,000↓
Discover this charming, tastefully updated home nestled near the VA hospital, in a mature neighborhood. With convenient access to downtown Bonham and major highways, this home invites you to explore a wealth of recreational activities in the surrounding area.

Details

Property type

Single Family Residence

Est. home value

$234,258

Lot size

0.344 acres

Price per sq ft

$168

Year built

1950

Annual property taxes

$4,688

Price History

09/04/2024
NTREIS

NTREIS #20649346

Price change
$225,000
-4.26%
07/25/2024
NTREIS

NTREIS #20649346

Price change
$235,000
-6%
06/20/2024
NTREIS

NTREIS #20649346

Listed
$250,000

Schools & Community

Elementary school: 

Finleyoate

Middle school: 

Unknown

High school: 

Bonham

School district: 

Bonham 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

$76,178
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$130,822
Cash to seller
$76,178

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

June 2020

Original loan amount

$144,000

Est. remaining balance

$130,822

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Maddalena S Jones and Austin Jones

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: 11/05/2024 at 3:05 PM

Listing updated: 10/19/2024 at 2:07 PM

Listed by: Scott Michalak, Weichert Realtors-Solid Ground Phone #: (903) 583-4900

MLS: NTREIS #20649346

NTREIS logo

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