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$536,131Estimated home value

Beds
2
Baths
1.5
sq ft
1,348

1507 Fairview Ave, Houston, TX 77006

1507 Fairview Ave

Houston, TX 77006

  • Sold On 10/18/2024
    • Price drop $19,100↓
Welcome to 1507 Fairview, a stunning renovated free-standing home in the heart of Montrose (Hyde Park). This meticulously maintained property boasts NO HOA fees, designer finishes, wood floors, and low maintenance courtyard. The open-concept living area features a wood-burning fireplace and 2-story windows overlooking a private courtyard with a majestic Oak Tree. Updated kitchen (with stainless steel appliances, granite countertops, and designer cabinetry) opens to dining/living area. Upstairs, find two bedrooms, a spa-like bathroom with skylight, separate tub and shower, and custom walk-in closets. First floor includes kitchen, living, dining, study, and half bath. Upgrades include a 2022 water heater, UV air filter, epoxy floors in 2-car garage, designer cabinetry, wood floors throughout, and designer lighting. Walk to shops, restaurants, parks, and trails. Furnishings and décor available for sale. Great home or rental (short or long term). Don't miss out on this move-in ready gem!

Details

Property type

Single Family Residence

Est. home value

$536,131

Lot size

2,801 sq ft

Price per sq ft

$431

Year built

1979

Annual property taxes

$11,270

Price History

10/16/2024
Houston

Houston #932767

Removed
09/16/2024
Houston

Houston #932767

Pending
$579,900
08/21/2024
Houston

Houston #932767

Price change
$579,900
-3.19%

Schools & Community

Neighborhood: 

Neartown - Montrose

Elementary school: 

BAKER MONTESSORI SCHOOL

Middle school: 

LANIER MIDDLE SCHOOL

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

$117,007
Asking price
$579,900
Closing costs (~8% of asking)
-$46,392
Est. remaining loan balance
-$416,501
Cash to seller
$117,007

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

Seller’s Loan History

Lender

Republic State Mortgage Co

Loan start date

July 2022

Original loan amount

$431,200

Est. remaining balance

$416,501

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Rana S Mcclelland

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: Off Market

Tomo last checked: 11/09/2024 at 10:50 AM

Listing updated: 10/18/2024 at 4:02 AM

Listed by: Jennifer Snyder, Realty Associates Phone #: (713) 464-5656

MLS: Houston #932767

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