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$869,990

Beds
5
Baths
4.5
sq ft
3,944

12022 Sumitomo Ln, Cypress, TX 77433

12022 Sumitomo Ln

Cypress, TX 77433

  • 79 days on market
    • Price drop $10,000↓
FOR LEASE & SALE!!! MOVE-IN READY offering a BACKYARD OASIS & a Mother-in-law/guest quarters located on a CUL-DE-SAC lot. Only minutes to TX99, 290 w/ shopping & dining at The Boardwalk! AWARD-WINNING community has 300-acre lake, waterpark, splash pads, fitness centers, trails, & playgrounds! 5 Bed, 4 1/2 baths - OPEN CONCEPT living w/ a GOURMET ISLAND kitchen - gas cooktop, 42" showcase cabinets, quartz countertops, herringbone tile backsplash. Family room w/ gas log fireplace & built ins. PRIMARY retreat w/ wood trim accent wall, garden tub, oversized shower, closet w/ built ins. Entertaining is easy in this HUGE backyard - Relax in the pool w/ spa, take a turn on the putting green, host the next BBQ underneath the covered patio w/ outdoor kitchen, or take a nap underneath the cabana. 1st floor MIL/Guest Quarters w/ own entrance, bed, bath, kitchenette, dining, & living area - sliding glass doors lead to backyard. UPSTAIRS bed w/ en-suite bath, game room & media, & zoned CY-FAIR ISD!

Details

Property type

Single Family Residence

Est. home value

$639,880

Lot size

0.29 acres

Price per sq ft

$221

Year built

2021

Annual property taxes

$16,844

Monthly HOA fee

$156.17

Price History

12/09/2024
Houston

Houston #38065482

Price change
$869,990
-1.14%
12/01/2024
Houston

Houston #38065482

Listed
$879,990
11/14/2024
Houston

Houston #38065482

Removed

Schools & Community

Elementary school: 

RENNELL ELEMENTARY SCHOOL

Middle school: 

ANTHONY MIDDLE SCHOOL (CYPRESS-FAIRBANKS)

High school: 

CYPRESS RANCH HIGH SCHOOL

School district: 

Cypress-Fairbanks

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

$262,641
Asking price
$869,990
Closing costs (~8% of asking)
-$69,599
Est. remaining loan balance
-$537,750
Cash to seller
$262,641

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

Seller’s Loan History

Lender

Lennar Mortgage Llc

Loan start date

May 2022

Original loan amount

$560,272

Est. remaining balance

$537,750

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Katie Marie Sanders Sidabras and Troy Kestutis Sidabras

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: 12/23/2024 at 12:30 AM

Listing updated: 12/12/2024 at 4:18 PM

Listed by: Scott Laird, Keller Williams Realty The Woodlands Phone #: (281) 364-1588

MLS: Houston #38065482

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