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$199,999

Beds
1
Baths
1.0
sq ft
688

1602 Elgin St Unit 2, Houston, TX 77004

1602 Elgin St Unit 2

Houston, TX 77004

  • 5 days on market
    • Price drop $10,001↓
Wonderful Midtown Location. Ideally located across from Elizabeth Balwin Park. This cozy 1 bedroom condo with designer finishes is a dream! Updated condo has direct court access to gated reserved parking and an extra storage closet. The private front patio overlooks Baldwin Park. Location is with-in walking distance of numerous restaurants, bars, coffee shops and a Whole Foods. Also boasts easy access to multiple major freeways

Details

Property type

Condominium

Est. home value

$221,854

Lot size

Unknown

Price per sq ft

$291

Year built

2004

Annual property taxes

$4,360

Monthly HOA fee

$166

Price History

03/10/2025
Houston

Houston #31011989

Price change
$199,999
-4.76%
03/07/2025
Houston

Houston #31011989

Listed
$210,000
06/10/2021
Houston

Houston #41728415

Removed

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

GREGORY-LINCOLN ELEMENTARY SCHOOL

Middle school: 

GREGORY-LINCOLN 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

$47,401
Asking price
$199,999
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$136,598
Cash to seller
$47,401

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

Seller’s Loan History

Lender

Gibraltar Mortgage Services Llc

Loan start date

June 2021

Original loan amount

$148,800

Est. remaining balance

$136,598

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Karen K Gollaher

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: 03/13/2025 at 5:00 PM

Listing updated: 03/10/2025 at 7:18 PM

Listed by: David Goldberg, Better Homes and Gardens Real Estate Gary Greene - Sugar Land Phone #: (281) 980-5050

MLS: Houston #31011989

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