tomo logo

$144,900

Beds
2
Baths
2.0
sq ft
964

12100 Melville Dr Unit 207B, Montgomery, TX 77356

12100 Melville Dr Unit 207B

Montgomery, TX 77356

  • Pending
    • Price drop $30,100↓
Amazing opportunity to own an updated condominium in Walden! Condo has all appliances, furnishings and linens included. New refrigerator, washer/dryer, flooring, paint, lighting and fixtures. Condo complex is on the lake and has private lake access, a pool and short-term bulkhead privileges and is literally next door to a park, dog park and marina. Marina now has a gelato cafe, restaurant and fishing store. Walden offers residents a gym, tennis court, restaurants/bars, two private boat ramps, two pools and many social activities and fun! This adorably condo has been an active Airbnb/VRBO since June of 2023...SuperHost/Guest Favorite with 5 star ratings. Will assist new buyer transition to STR platforms.

Details

Property type

Condominium

Est. home value

$156,086

Lot size

Unknown

Price per sq ft

$151

Year built

1979

Annual property taxes

$3,087

Monthly HOA fee

$312

Price History

09/10/2024
Houston

Houston #23168382

Pending
$144,900
08/30/2024
Houston

Houston #23168382

Price change
$144,900
-17.2%
08/29/2024
Houston

Houston #23168382

Listed
$175,000

Schools & Community

Elementary school: 

MADELEY RANCH ELEMENTARY SCHOOL

Middle school: 

MONTGOMERY JUNIOR HIGH SCHOOL

High school: 

MONTGOMERY HIGH SCHOOL

School district: 

Montgomery

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

$108,139
Asking price
$144,900
Closing costs (~8% of asking)
-$11,592
Est. remaining loan balance
-$25,169
Cash to seller
$108,139

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

Seller’s Loan History

Lender

Washington Mutual Bank Fa

Loan start date

September 2004

Original loan amount

$47,045

Est. remaining balance

$25,169

Interest rate

5.85%

Loan type

Not Provided, 30 year

Seller

Elvis E Davis

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?

Status: Pending/Under Contract

Tomo last checked: 10/04/2024 at 10:00 PM

Listing updated: 09/17/2024 at 5:42 PM

Listed by: Laurie Brown, Texas Premier Realty Phone #: (210) 844-8683

MLS: Houston #23168382

Houston logo

Recently listed in Montgomery

$535,000|3 bd|3.5 ba|House
$169,900|3 bd|2.0 ba|House
$499,000|2 bd|2.5 ba|House
$649,000|3 bd|2.5 ba|House
$2,695,000|8 bd|8.0 ba|House

Explore top cities in Texas