tomo logo

$654,000

Beds
2
Baths
1.0
sq ft
1,661

1502 Olive St, Georgetown, TX 78626

1502 Olive St

Georgetown, TX 78626

  • 204 days on market
    • Price drop $20,000↓
Welcome to this extraordinary, one-of-a-kind craftsman-style bungalow, a true masterpiece of historical preservation & modern luxury. Nestled within the charming enclave of Old Town, this 1926 gem, originally constructed by the renowned C.S. Belford. Situated gracefully on a corner lot, this home is a testament to the artistry of its era. As you approach, the first thing that will capture your attention is the inviting front porch, while relishing the sight of neighbors leisurely strolling with their dogs under the shade of majestic. Or, perhaps you'll prefer to start your day with a cup of morning coffee in the sunroom, where an abundance of natural light bathes the space in warmth and serenity. Step inside, and you'll be transported back in time by the stunning stained glass windows, original long leaf pine floors, and the meticulously preserved fine woodwork. Every detail, from the period-themed hardware to the designer touches, has been thoughtfully selected to honor and preserve the rich heritage of this home. Prepare culinary delights in the gourmet kitchen. Unleash your inner chef & create delicious meals to be enjoyed in a dining room that exudes timeless grace. Stroll to The Most Beautiful Town Square in Georgetown, a hub of fine dining and upscale shopping. Discover the rich history of Williamson County at the museum or lose yourself in the pages of a book at the national award-winning library. 3 blocks away, Southwestern University offers cultural & intellectual enrichment. Convenience access to I-35 & the 130 toll road, as well as proximity to the Wolf Ranch Shopping Center for all your retail therapy needs. Walking distance to the elementary school & the local park. Austin-Bergstrom International Airport is less than 30 miles away, for seamless travel connections. Own this magnificent piece of history, where the charm of Old Town Georgetown beckons you to create lifetime memories.

Details

Property type

Single Family Residence

Est. home value

$698,557

Lot size

7,797.24 sq ft

Price per sq ft

$394

Year built

1926

Annual property taxes

$7,957.86

HOA

No

Price History

09/09/2024
Austin

Austin #3030483

Price change
$654,000
-2.97%
07/22/2024
Austin

Austin #3030483

Price change
$674,000
-3.02%
05/02/2024
Austin

Austin #3030483

Listed
$695,000

Schools & Community

Elementary school: 

Annie Purl

Middle school: 

James Tippit

High school: 

East View

Community features: 

Playground

High school district: 

Georgetown ISD

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

-$26,846
Asking price
$654,000
Closing costs (~8% of asking)
-$52,320
Est. remaining loan balance
-$628,526
Cash to seller
-$26,846

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

Seller’s Loan History

Lender

Mid-American Mortgage Inc

Loan start date

February 2022

Original loan amount

$665,200

Est. remaining balance

$628,526

Interest rate

3.22%

Loan type

VA, 30 year

Seller

Eric S Hutchins Sr and Sara Hutchins

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: 11/22/2024 at 9:35 AM

Listing updated: 11/17/2024 at 3:05 PM

Listed by: Kimberly Wolfman, Wolf Real Estate Phone #: (512) 966-0117

MLS: Austin #3030483

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