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$200,000

Beds
3
Baths
2.0
sq ft
1,486

121 N Resident St, Wharton, TX 77488

121 N Resident St

Wharton, TX 77488

  • 11 days on market
    • Price drop $15,000↓
121 N. Resident is an exceptional opportunity for anyone seeking a rewarding renovation project. This gem features 3 bedrooms and 2 full baths, with renovations began however do to personal reasons wasn't completed. Plans have been drawn, and some materials have been purchased, which will be included in the sale. Recent upgrades include a new hot water heater, new windows, and new insulation, alongside updated plumbing, drainage, and sewer connections to the city. The home also boasts new exterior doors, built-ins in one bedroom and bath, and exposed original wood floors. Other highlights include a garage door opener, new siding on the front (materials purchased but not yet completed), and cedar closets. The spacious in-home laundry room offers convenience, with plans to expand the kitchen for added functionality. Set on a large, fenced lot, this property can become your dream home with a bit of vision. Don’t miss the chance to transform this house into your perfect living space!

Details

Property type

Single Family Residence

Est. home value

$145,686

Lot size

7,248 sq ft

Price per sq ft

$135

Year built

1948

Annual property taxes

$3,379

Price History

12/14/2024
Houston

Houston #57882732

Price change
$200,000
-6.98%
12/11/2024
Houston

Houston #57882732

Listed
$215,000
12/27/2022
Houston

Houston #13794528

Removed

Schools & Community

Elementary school: 

CG SIVELLS/WHARTON ELEMENTARY SCHOOL

Middle school: 

WHARTON JUNIOR HIGH

High school: 

WHARTON HIGH SCHOOL

School district: 

Wharton

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

$61,079
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$122,921
Cash to seller
$61,079

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

December 2022

Original loan amount

$125,406

Est. remaining balance

$122,921

Interest rate

7.08%

Loan type

FHA, 30 year

Seller

Cristian Vladimir Hernandez

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 4:25 AM

Listing updated: 12/14/2024 at 6:58 PM

Listed by: Elvonda Kennedy-Young, eXp Realty LLC Phone #: (888) 519-7431

MLS: Houston #57882732

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