tomo logo

$1,285,000

Beds
4
Baths
3.5
sq ft
3,376

1218 Chippendale Rd, Houston, TX 77018

1218 Chippendale Rd

Houston, TX 77018

  • 58 days on market
    • Price drop $24,000↓
Zoned to Oak Forest Elementary and nestled in one of the most coveted blocks of Oak Forest! Hardwood floors throughout. The open kitchen is a chef's delight, including a GE Cafe fridge, large island, floor to ceiling cabinets, and a walk-in pantry. The 1st floor also offers a lovely office, formal dining room, spacious living room, and laundry room/mud room leading to the 2-car garage. The expansive primary suite features automated roller shades, a spa-like ensuite, and a large walk-in closet. Upstairs, you will find 3 additional spacious bedrooms and 2 bathrooms, with a bonus flex space. Outside, unwind in the fenced backyard oasis with a covered patio, a perfect backdrop for cherished memories. With top-tier schools like Oak Forest Elementary just moments away and an array of dining and recreational hotspots within short distance, this is more than a home—it's a lifestyle. Don't miss your chance to experience the epitome of Oak Forest living. Welcome home!

Details

Property type

Single Family Residence

Est. home value

$1,173,318

Lot size

7,632 sq ft

Price per sq ft

$381

Year built

2021

Annual property taxes

$22,566

Price History

07/04/2024
Houston

Houston #24182645

Price change
$1,285,000
-1.83%
06/25/2024
Houston

Houston #24182645

Listed
$1,309,000
06/14/2024
Houston

Houston #24182645

Removed

Schools & Community

Neighborhood: 

Oak Forest - Garden Oaks

Elementary school: 

OAK FOREST ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

BLACK MIDDLE SCHOOL

High school: 

WALTRIP HIGH SCHOOL

School district: 

Houston

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

$516,386
Asking price
$1,285,000
Closing costs (~8% of asking)
-$102,800
Est. remaining loan balance
-$665,814
Cash to seller
$516,386

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

February 2022

Original loan amount

$700,000

Est. remaining balance

$665,814

Interest rate

3.11%

Loan type

VA, 30 year

Seller

Richard J Cornett and Charlotte K Kies

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: 07/05/2024 at 9:25 PM

Listing updated: 07/04/2024 at 10:53 AM

Listed by: Jonathan Minerick, homecoin.com Phone #: (888) 400-2513

MLS: Houston #24182645

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