tomo logo

$1,775,000

Beds
6
Baths
6.0
sq ft
8,127

1219 Mulberry Farm Ln, Richmond, TX 77469

1219 Mulberry Farm Ln

Richmond, TX 77469

  • 3 days on market
Prestigious Custom Mediterranean Inspired Residence Nestled in the Bridlewood Estates in Richmond, TX on a Sprawling 1.245 Acre Lot. This Luxurious Property Displays Meticulous Design Elements, Timeless Finishes, High Ceilings and Includes 6 Bedrooms (Opulent 20'x18' Primary Suite), 5 Bathrooms, Half Bathroom, Gourmet Kitchen, High Grade Appliances, Media Room, Spacious Balcony, 4 Car Garage, Circle Driveway with Extra Parking, Large Backyard with a Half Bathroom, Outdoor Kitchen, Swimming Pool, Hot Tub, Separate Outside Shower, and Basketball (Half) Court. Move-In Ready Luxury Home Close to many Restaurants, Shopping Centers and Sugarland Town Center.

Details

Property type

Single Family Residence

Est. home value

$1,493,872

Lot size

1.25 acres

Price per sq ft

$219

Year built

2014

Annual property taxes

$19,433

Monthly HOA fee

$95

Price History

10/01/2024
Houston

Houston #96527890

Listed
$1,775,000
09/30/2024
Houston

Houston #70514590

Removed
06/13/2024
Houston

Houston #70514590

Price change
$1,825,000
+8.96%

Schools & Community

Elementary school: 

CARTER ELEMENTARY SCHOOL

Middle school: 

READING JUNIOR HIGH SCHOOL

High school: 

GEORGE RANCH HIGH SCHOOL

School district: 

Lamar Consolidated

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

$775,889
Asking price
$1,775,000
Closing costs (~8% of asking)
-$142,000
Est. remaining loan balance
-$857,111
Cash to seller
$775,889

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

Seller’s Loan History

Lender

Redstone Funding Llc

Loan start date

November 2022

Original loan amount

$875,000

Est. remaining balance

$857,111

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Danish Ali and Manal Lakhany

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: Active

Tomo last checked: 10/05/2024 at 9:30 PM

Listing updated: 10/04/2024 at 4:03 AM

Listed by: Mathew John, J. Lindsey Properties Phone #: (713) 866-4003

MLS: Houston #96527890

Houston logo

Recently listed in Richmond