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$250,000

Beds
1
Baths
1.5
sq ft
847

1601 S Shepherd Dr Unit 157, Houston, TX 77019

1601 S Shepherd Dr Unit 157

Houston, TX 77019

  • Pending
Rare opportunity!Walkable, assumable 2.75% updated River Oaks 1st floor living with a large 23 x 11 yard for your pet or garden! Where should we walk for dinner...Brasserie 19, Pizzana? Movie at historic RO Theater? This 1/study or 2 br offers neutral colors, beautiful granite kitchen & low maintenance wood look tile floors throughout. Breakfast bar, separate living and dining rooms. Access to patio/yard from living room for entertaining. Updated 1/2 bath and primary granite bathrooms. A recent walk in shower with bars for safety. Large primary suite with CA closet,new ceiling fan and access to the patio and yard. River Oaks Gardens is in the heart of Houston’s historic River Oaks neighborhood. This 3 square block property features extensively landscaped grounds, a huge resort style swimming pool;gated, covered parking and 24/7 courtesy patrol on premises.W/D, refrigerator & new microwave convey. Close to parking space, mail room, guest entrance and office. Buyer to verify msrmnts.

Details

Property type

Condominium

Est. home value

$243,658

Lot size

Unknown

Price per sq ft

$296

Year built

1978

Annual property taxes

$4,734

Monthly HOA fee

$459

Price History

08/07/2024
Houston

Houston #17129590

Pending
$250,000
07/11/2024
Houston

Houston #17129590

Listed
$250,000
01/14/2022
Houston

Houston #36956494

Removed

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

$7,159
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$222,841
Cash to seller
$7,159

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

January 2022

Original loan amount

$235,653

Est. remaining balance

$222,841

Interest rate

3.1%

Loan type

FHA, 30 year

Seller

Beverly Nadene Gault and Paul Henry Hubbard

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 2:15 PM

Listing updated: 08/21/2024 at 12:22 AM

Listed by: Sandra Gunn, Sandra Gunn Properties Phone #: (713) 502-5050

MLS: Houston #17129590

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