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$864,547Estimated home value

Beds
5
Baths
3.5
sq ft
4,420

15823 Medina Lake Ln, Cypress, TX 77429

15823 Medina Lake Ln

Cypress, TX 77429

  • Sold On 8/20/2024
    • Price drop $40,000↓
A very special home in a very special community! Spacious five-bedroom layout with so many extras - sun room (currently the children's toy room); totally remodeled kitchen (with THREE ovens - two electric and one gas!); porcelain countertops (kitchen, butler's pantry, laundry room); 48" built-in refrigerator; wine fridge; huge game room; out-of-the-way office. Primary bedroom features his/her walk-in closets, garden tub, separate shower, two sinks. Backyard playground features heated salt-water pool and spa; child safety fencing; FULL country kitchen; gorgeous landscaping. Add to all this: 24" of additional blown insulation in the attic; special overhead storage in the garage; new water heater (2023); new dishwasher (2024); new pool plaster (2021); new gas oven and cooktop; all rooms with Cat5 or Cat6 cable; extensive new carpet in several rooms; extensive new interior paint (first floor). 22KW STANDBY GENERATOR! NEW 4-TON A/C UNIT JUST INSTALLED! NEW ROOF INSTALLED JUNE 2024!

Details

Property type

Single Family Residence

Est. home value

$864,547

Lot size

0.36 acres

Price per sq ft

$165

Year built

2005

Annual property taxes

$17,483

Monthly HOA fee

$175

Price History

08/19/2024
Houston

Houston #92978212

Removed
07/12/2024
Houston

Houston #92978212

Pending
$724,900
06/27/2024
Houston

Houston #92978212

Price change
$724,900
-5.23%

Schools & Community

Elementary school: 

BLACK ELEMENTARY SCHOOL (CYPRESS-FAIRBANKS)

Middle school: 

HAMILTON MIDDLE SCHOOL (CYPRESS-FAIRBANKS)

High school: 

CY-FAIR HIGH SCHOOL

Community features: 

Tennis Court(s)

School district: 

Cypress-Fairbanks

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

$439,894
Asking price
$724,900
Closing costs (~8% of asking)
-$57,992
Est. remaining loan balance
-$227,014
Cash to seller
$439,894

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

Seller’s Loan History

Lender

Iberiabank

Loan start date

June 2020

Original loan amount

$300,000

Est. remaining balance

$227,014

Interest rate

2.72%

Loan type

New Conventional, 15 year

Seller

Monike Hoggins and Kenneth Hoggins

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: Off Market

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

Listing updated: 08/20/2024 at 8:46 PM

Listed by: Steve Williams, Texas Legacy Properties Phone #: (281) 519-3557

MLS: Houston #92978212

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