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$395,000

Beds
7
Baths
3.5
sq ft
3,109

1218 S Johnson St, Alvin, TX 77511

1218 S Johnson St

Alvin, TX 77511

  • Pending
    • Price drop $25,000↓
Originally setup for assisted living business, but perfect for large families with 7 Bedrooms and 4 Full Bathrooms. ACCESSIBLE one story to all on a LARGE scale corner lot. Full FIRE SPRINKLER System. New PEX piping installed. New FLOORING throughout. RENOVATED bathrooms. Updated oven.

Details

Property type

Single Family Residence

Est. home value

$408,067

Lot size

0.35 acres

Price per sq ft

$128

Year built

1965

Annual property taxes

$10,501

Price History

08/25/2024
Houston

Houston #93212861

Pending
$395,000
08/25/2024
Houston

Houston #93212861

Listed
$395,000
08/19/2024
Houston

Houston #93212861

Pending
$395,000

Schools & Community

Elementary school: 

MELBA PASSMORE ELEMENTARY SCHOOL

Middle school: 

FAIRVIEW JUNIOR HIGH SCHOOL

High school: 

ALVIN HIGH SCHOOL

School district: 

Alvin

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

$105,587
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$257,813
Cash to seller
$105,587

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2021

Original loan amount

$280,250

Est. remaining balance

$257,813

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Jovirick A Buscar and Grace Ann N Buscar

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: Pending/Under Contract

Tomo last checked: 08/26/2024 at 6:00 PM

Listing updated: 08/25/2024 at 7:32 PM

Listed by: Benjamin Chin, Century 21 Olympian Area Specialists Phone #: (832) 553-8300

MLS: Houston #93212861

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