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$892,500

Beds
3
Baths
2.0
sq ft
2,100

1101 E 7th St, Georgetown, TX 78626

1101 E 7th St

Georgetown, TX 78626

  • 98 days on market
    • Price drop $2,500↓
    • Open house Sep 26
Seller financing available! Within walking distance to The Square, and priced more than $30,000 below its appraised value, this beautifully remodeled home (circa 1900) is situated on an expansive lot of almost one acre with room for an ADU and more! It offers exceptional privacy and charm. Surrounded by mature trees, the property features high-end finishes, including quartz countertops, soft-close cabinets and drawers, a frameless glass shower, and a luxurious free-standing tub. With 3 bedrooms and 2 bathrooms, the spacious interior provides modern comfort and open living while retaining its timeless character. The current owner initiated the process with the City of Georgetown to convert the lot to a multi-family property. Buyer should conduct their own due diligence to verify if the lot can still be converted to multi-family or subdivided. Additionally, the property includes a detached 3-car garage. See list of all features and upgrades in the documents. A 3rd Party appraisal was completed in May 2024. Note: Fireplaces are not functional. (This home does not have an historic designation and is outside of the HARC boundaries.)

Details

Property type

Single Family Residence

Est. home value

$898,206

Property condition

Updated/Remodeled

Lot size

0.927 acres

Price per sq ft

$425

Year built

1900

Annual property taxes

$14,328.39

HOA

No

Price History

07/25/2024
Austin

Austin #6984860

Price change
$892,500
-0.28%
06/13/2024
Austin

Austin #6984860

Listed
$895,000

Schools & Community

Elementary school: 

Annie Purl

Middle school: 

James Tippit

High school: 

East View

Community features: 

None

High school district: 

Georgetown ISD

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

Amplify Fcu

Loan start date

April 2008

Original loan amount

$44,550

Est. remaining balance

Not provided

Interest rate

5.47%

Loan type

Credit Line (Revolving), 10 year

Seller

Jerry Douglas Perry

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: 09/19/2024 at 10:45 PM

Listing updated: 09/17/2024 at 4:25 PM

Listed by: Dj Jadlot, Magnolia Realty Phone #: (254) 218-5940

MLS: Austin #6984860

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