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$399,000

Beds
2
Baths
2.0
sq ft
1,885

1401 Calumet St Unit 202, Houston, TX 77004

1401 Calumet St Unit 202

Houston, TX 77004

  • 25 days on market
Luxurious two bedroom / two bath unit with expansive terrace in prestigious Il Palazzo Mid-Rise, in the sought-after Museum District. Updated gourmet kitchen, high-end finishes, 12-foot ceilings. The primary bedroom boasts great views over the terrace. This is a great "lock and leave" property with 24/7 concierge, Il Palazzo is located just minutes from exceptional restaurants, the Metrorail, Hermann Park, Miller Outdoor Theater and the extraordinary museums that Houston has to offer.. Ready for immediate move-in Refrigerator, washer, and dryer remain. The home features an oversized Terrace, perfect for entertaining or stargazing, close to Medical Center, Metrorail, Hermann Park, & Houston's premier museums.

Details

Property type

Condominium

Est. home value

$484,877

Lot size

Unknown

Price per sq ft

$212

Year built

1999

Annual property taxes

$7,491

Monthly HOA fee

$927

Price History

06/07/2024
Houston

Houston #797905

Listed
$399,000
05/31/2024
Houston

Houston #83911896

Removed
04/05/2024
Houston

Houston #83911896

Price change
$415,000
-4.6%

Schools & Community

Neighborhood: 

Binz

Elementary school: 

MACGREGOR ELEMENTARY SCHOOL

Middle school: 

CULLEN MIDDLE SCHOOL (HOUSTON)

High school: 

LAMAR HIGH SCHOOL (HOUSTON)

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

$88,669
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$278,411
Cash to seller
$88,669

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

Seller’s Loan History

Lender

Schlumberger Employees Cu

Loan start date

April 2021

Original loan amount

$317,616

Est. remaining balance

$278,411

Interest rate

2.81%

Loan type

New Conventional, 20 year

Seller

Jason Todd Word and Theresa Cox Word

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: 07/03/2024 at 10:10 AM

Listing updated: 06/08/2024 at 4:04 AM

Listed by: Melonee Piperi, Keller Williams Memorial Phone #: (713) 461-9393

MLS: Houston #797905

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