tomo logo

$485,000

Beds
5
Baths
3.5
sq ft
2,796

720 N 7th St, Wolfforth, TX 79382

720 N 7th St

Wolfforth, TX 79382

  • 48 days on market
Experience the pinnacle of luxury living at Preston Manor in this stunning 5-bedroom, 3.5-bathroom home with a 2-car garage. Step inside to discover an elegant open floor plan, soaring ceilings, and beautiful wood beams, all centered around a striking cast stone fireplace. The kitchen is a true entertainer's paradise, featuring a sprawling island, double ovens, a 5-burner gas cooktop, and a built-in vacuum for effortless cleanup. Spend your evenings relaxing on the backyard patio, where the breathtaking park views awaits. Retreat to the master bedroom for a walk-in closet, complete with direct access to the patio for ultimate convenience. Enjoy the convenience of plantation shutters and a built-in air compressor in the spacious garage. The expansive second floor provides ample space for a growing family. This neighborhood boasts a luxurious pool, tennis courts, a fitness center, and a beautiful park perfect for an active lifestyle.

Details

Property type

Single Family Residence

Est. home value

$462,817

Lot size

8,308 sq ft

Price per sq ft

$174

Year built

2017

Annual property taxes

$1,065

Price History

10/09/2024
Lubbock

Lubbock #202414133

Listed
$485,000
04/30/2019
Lubbock

Lubbock #201900166

Removed
11/21/2017
Lubbock

Lubbock #201708385

Removed

Schools & Community

Elementary school: 

Bennett

Middle school: 

Frenship

High school: 

Frenship

Community features: 

Pool, Tennis Court(s)

School district: 

Frenship 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

$170,359
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$275,841
Cash to seller
$170,359

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

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

July 2020

Original loan amount

$304,000

Est. remaining balance

$275,841

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Jason C Morrison and Holly Morrison

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: 11/26/2024 at 10:35 AM

Listing updated: 10/28/2024 at 12:21 PM

Listed by: Trey Culver, Milestone Realty Group

MLS: Lubbock #202414133

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