tomo logo

$238,900

Beds
5
Baths
3.5
sq ft
Unknown

8022 Arvin Rd, El Paso, TX 79907

8022 Arvin Rd

El Paso, TX 79907

  • 142 days on market
    • Price drop $10,100↓
Exquisite 4-Bedroom Home with Income-Generating Apartment! 2 minutes from Loop 375 walking distance from Shawver Park where you can go for a run, picnic, tennis, basketball or swim in the indoor pool. Enjoy convenience, modern amenities, and income potential. **Main House:** - 1,906 sq. ft. with 4 bedrooms and 2.5 bathrooms in main home - New windows, doors, flooring, paint, and kitchen cabinets, new roof - Brand new stainless steel appliances - Two large living/family areas and a small flex room - Butcher block kitchen counters and bathroom accent walls **Rear Apartment:** - 693 sq. ft. with 2 bedrooms and 1 bathroom - Could rent for $700-$800/month - New tile floor and Whirlpool appliances **Exterior:** - 2-minute walk to parks with swimming pools - Large covered carport with updated paint and lighting - Two large storage/shop areas Perfect for families and investors, this home offers modern living and additional income. Schedule a tour today!

Details

Property type

Single Family Residence

Est. home value

$179,660

Lot size

7,345 sq ft

Price per sq ft

Unknown

Year built

1962

Annual property taxes

$4,763

Price History

12/05/2024
ElPaso

ElPaso #906174

Price change
$238,900
-4.06%
10/07/2024
ElPaso

ElPaso #906174

Price change
$249,000
-2.35%
09/07/2024
ElPaso

ElPaso #906174

Price change
$255,000
-3.76%

Schools & Community

Neighborhood: 

Save the Valley 21

Elementary school: 

Pasodale

Middle school: 

Ysleta

High school: 

Ysleta

High school district: 

Ysleta

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cherry Creek Mortgage Co Inc

Loan start date

April 2013

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

3.52%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Rafael Ibarra and Magdalena Ibarra

Lender

Ameriquest Mtg Company

Loan start date

July 1999

Original loan amount

$49,600

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Credit Line (Revolving), 30 year

Seller

Rafael Ibarra and Magdalena Ibarra

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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Pending
ElPaso
$239,900
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2 ba
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255 Tulane Dr, El Paso, TX 79907

Status: Active

Tomo last checked: 12/22/2024 at 10:30 AM

Listing updated: 12/20/2024 at 3:20 PM

Listed by: Daniel Martinez, Realty One Group Mendez Burk Phone #: (915) 345-5461

MLS: ElPaso #906174

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