tomo logo

$1,475,000

Beds
4
Baths
4.5
sq ft
6,368

1 Oak Crest Cir, Magnolia, TX 77354

1 Oak Crest Cir

Magnolia, TX 77354

  • 29 days on market
Breathtaking estate, nestled on a 2.88-acre wooded lot. Upon entering the grand foyer, you’ll be greeted by soaring ceilings, rich wood accents, and meticulously crafted finishes throughout. To the right, the formal dining room sets the stage for elegant gatherings. Kitchen features a large island, breakfast bar, stainless steel appliances, and a breakfast area. Open layout flows effortlessly into the spacious family room, highlighted by a wood-burning fireplace and a striking coffered ceiling. Luxurious primary complete with a cozy sitting area, a spa-inspired bathroom, and generous walk-in closets. Two additional bedrooms and a home office are also located on the first floor. Upstairs, a large game room and additional bedrooms. Fully built-out garage apartment, ideal for family, guests, or private workspace. Exterior is equally impressive, featuring an oversized four-car garage, generator, and a spacious covered porch that overlooks the beautifully wooded yard.

Details

Property type

Single Family Residence

Est. home value

$1,403,022

Lot size

2.88 acres

Price per sq ft

$232

Year built

2014

Annual property taxes

$20,312

Monthly HOA fee

$83.33

Price History

11/23/2024
Houston

Houston #47081793

Listed
$1,475,000
12/30/2021
Houston

Houston #85432288

Removed

Schools & Community

Elementary school: 

BEAR BRANCH ELEMENTARY SCHOOL (MAGNOLIA)

Middle school: 

BEAR BRANCH JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA HIGH SCHOOL

School district: 

Magnolia

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

$514,063
Asking price
$1,475,000
Closing costs (~8% of asking)
-$118,000
Est. remaining loan balance
-$842,937
Cash to seller
$514,063

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

December 2021

Original loan amount

$899,500

Est. remaining balance

$842,937

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Tammie Sue Burgos and Jose Ramiro Burgos

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?

Similar Homes Nearby

Price drop
Houston
$1,477,100
4 bd
|
4.5 ba
|
4,849 sq ft
|
House

39602 Lago Dr, Magnolia, TX 77354

Houston
$1,585,000
4 bd
|
4 ba
|
4,666 sq ft
|
House

7 Rhapsody Bend Dr, Spring, TX 77382

Price drop
Houston
$1,500,000
5 bd
|
4.5 ba
|
5,219 sq ft
|
House

26 N Player Manor Cir, Spring, TX 77382

Status: Active

Tomo last checked: 12/22/2024 at 8:45 AM

Listing updated: 11/23/2024 at 2:08 PM

Listed by: Andrew Githens, CB&A, Realtors Phone #: (832) 678-4770

MLS: Houston #47081793

Houston logo

Recently listed in Magnolia