tomo logo

$495,000

Beds
2
Baths
2.0
sq ft
Unknown

1014 N Shipp St, Madisonville, TX 77864

1014 N Shipp St

Madisonville, TX 77864

  • 27 days on market
Beautiful 3 acres with large oak trees. Conveniently located close to schools, shopping, dining & is walking distance to park with walking trails, lake for fishing/boating & sports amenities. Home is newly built in 2022 and is ready to move in. Kitchen has custom built solid wood cabinets, all new appliances and is open to the dining area with lots of natural light. Pergo laminate flooring in living areas. Carpet in bedrooms. 2 full spacious bathrooms and large utility room. Property has 400 amp electrical service. Public water. Aerobic septic system. Spray foam insulation. 3 ton High Efficiency a/c unit. 30 x 40x14 shop built in 2020. It is spray foam insulated and has central air thru out. Full bathroom and 2 rooms for storage or could be guest apartment. 10’ covered parking with 10’x12’ roll up door. No HOA. Shown by appointment.

Details

Property type

Single Family Residence

Est. home value

$302,470

Lot size

3.07 acres

Price per sq ft

Unknown

Year built

2022

Annual property taxes

$6,425

Price History

10/17/2024
Houston

Houston #61912840

Listed
$495,000
09/30/2019
Houston

Houston #63998968

Removed

Schools & Community

Elementary school: 

MADISONVILLE ELEMENTARY SCHOOL

Middle school: 

MADISONVILLE JUNIOR HIGH SCHOOL

High school: 

MADISONVILLE HIGH SCHOOL

School district: 

Madisonville Consolidated

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

$306,485
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$148,915
Cash to seller
$306,485

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

Seller’s Loan History

Lender

Together Cu

Loan start date

January 2024

Original loan amount

$150,000

Est. remaining balance

$148,915

Interest rate

7.22%

Loan type

New Conventional, 30 year

Seller

Nathan Arrendell and Katherine Arrendell

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: 11/14/2024 at 9:50 AM

Listing updated: 10/24/2024 at 11:33 AM

Listed by: Allen Schwind, Home Sweet Home Realty, LLC Phone #: (409) 457-4626

MLS: Houston #61912840

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