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$689,918

Beds
2
Baths
2.0
sq ft
1,312

1014 Peden St, Houston, TX 77006

1014 Peden St

Houston, TX 77006

  • Pending
    • Price drop $9,000↓
Welcome to a beautifully preserved 1920's bungalow in Montrose. This charming home blends historic elegance with modern amenities, featuring hardwood floors, abundant natural light, and a refurbished pool 10/23. With 2 bedrooms, an office or third bedroom, and 2 full baths, the spacious layout includes a full-size laundry room, ample storage, and a recent roof 6/22 and HVAC system 4/24. Enjoy the gourmet kitchen with a gas range and built-in Kitchen Aid stainless steel refrigerator. Security is enhanced with a gated driveway, alarm, and camera system. Located in a vibrant neighborhood, close to dining, shopping, and entertainment. This home could be improved or torn down to develop. Don’t miss this rare opportunity to own a piece of history with contemporary comforts. The property offers easy access to downtown Houston/Med Center, top-rated schools, and beautiful parks. Whether you’re looking for a charming home to live in or a prime lot for new construction, this property has it all.

Details

Property type

Single Family Residence

Est. home value

$741,121

Lot size

6,351 sq ft

Price per sq ft

$526

Year built

1920

Annual property taxes

$13,902

Price History

09/13/2024
Houston

Houston #52404433

Pending
$689,918
09/10/2024
Houston

Houston #52404433

Price change
$689,918
-1.29%
08/08/2024
Houston

Houston #52404433

Listed
$698,918

Schools & Community

Neighborhood: 

Neartown - Montrose

Elementary school: 

WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY

Middle school: 

GREGORY-LINCOLN MIDDLE SCHOOL

High school: 

LAMAR HIGH SCHOOL (HOUSTON)

School district: 

Houston

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

$106,014
Asking price
$689,918
Closing costs (~8% of asking)
-$55,193
Est. remaining loan balance
-$528,711
Cash to seller
$106,014

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

Seller’s Loan History

Lender

New City Mortgage Llc

Loan start date

April 2022

Original loan amount

$553,265

Est. remaining balance

$528,711

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Thor Mikal Johnsen and Ruati Johnsen

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 9:50 PM

Listing updated: 09/13/2024 at 9:32 AM

Listed by: Chuck Miller, Fiv Realty Co Texas LLC Phone #: (713) 906-6795

MLS: Houston #52404433

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