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$430,000

Beds
4
Baths
2.0
sq ft
1,973

11228 Forestvale, Magnolia, TX 77354

11228 Forestvale

Magnolia, TX 77354

  • 22 days on market
    • Open house Nov 23
Nestled on a sprawling near 1-acre lot just off 1488, this charming, secluded home is a true gem. With delightful Western decor sprinkled throughout, this 4-bed, 2-bath haven features a 2-car garage equipped with a built-in compressor set up, perfect for all your projects. Step outside to discover a host of extras that make this place special: a cozy greenhouse, a sturdy tuff-shed (looks like a mini barn) for all your storage needs, and an 8-person hot tub for those starlit soaks. The large covered patio invites you to entertain friends and family under the open sky. Inside, the kitchen shines with updated cabinets, stainless steel appliances, and granite countertops. New paint and floors in the bedrooms, move in ready! Feel at ease in this slice of the country with motion sensor lights and a security alarm, all behind a welcoming gated entry. This private oasis is overflowing with country charm—you won’t want to miss it! Come see for yourself; you’ll fall in love at first sight!

Details

Property type

Single Family Residence

Est. home value

$412,680

Lot size

0.88 acres

Price per sq ft

$218

Year built

2007

Monthly HOA fee

$12.5

Price History

10/30/2024
Houston

Houston #48535339

Listed
$430,000

Schools & Community

Elementary school: 

MAGNOLIA PARKWAY ELEMENTARY SCHOOL

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

$191,308
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$204,292
Cash to seller
$191,308

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

Seller’s Loan History

Lender

Envoy Mortgage Ltd

Loan start date

March 2020

Original loan amount

$225,600

Est. remaining balance

$204,292

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Sharon M Earnest and Thomas W Earnest Jr

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: 11/22/2024 at 3:40 PM

Listing updated: 11/19/2024 at 3:54 PM

Listed by: Buck Perino, Carswell Real Estate Co. Inc. Phone #: (281) 351-2606

MLS: Houston #48535339

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