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$235,000

Beds
1
Baths
1.0
sq ft
850

1601 S Shepherd Dr Unit 29, Houston, TX 77019

1601 S Shepherd Dr Unit 29

Houston, TX 77019

  • 4 days on market
Welcome to River Oaks Gardens! This one bedroom one bathroom condominium located in the prestigious River Oaks Shopping Area comes fitted with a wood burning fireplace, updated living room and kitchen. The community features numerous amenities such as covered parking, 24/7 courtesy officers, valet trash pick up, and private pool. Don't hesitate to book your showing today!

Details

Property type

Condominium

Est. home value

$224,638

Lot size

Unknown

Price per sq ft

$277

Year built

1978

Annual property taxes

$4,151

Monthly HOA fee

$415

Price History

12/17/2024
Houston

Houston #30396173

Listed
$235,000
12/20/2022
Houston

Houston #2131417

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

$146,709
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$69,491
Cash to seller
$146,709

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2022

Original loan amount

$71,000

Est. remaining balance

$69,491

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Viridiana Shumate

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: Active

Tomo last checked: 12/21/2024 at 11:05 AM

Listing updated: 12/18/2024 at 4:09 AM

Listed by: Leeroy Smith, Better Homes and Gardens Real Estate Gary Greene - West Gray Phone #: (713) 961-1722

MLS: Houston #30396173

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