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$144,900

Beds
4
Baths
2.0
sq ft
1,918

1607 Bayou Dr, Bay City, TX 77414

1607 Bayou Dr

Bay City, TX 77414

  • 7 days on market
Affordable 1,956 sqft 4-bedroom, 2-bath home on a spacious 1-acre fenced lot, ideal for growing families or buy-and-hold investors. This property offers a converted garage for a rec room with potential for a 5th bedroom, along with recent updates including a 5-year roof, 2023 HVAC, 2022 solar screens, new tank-less water heater, PEX plumbing, and leveled foundation. The kitchen features updated granite counter tops and updated stainless steel appliances. Vivint video security system prepaid with a 4 year service contract still in place. 22 solar panels assist with a significantly reduced electric bill. A nearly completed 1,200 sq ft detached 1-bedroom, 1-bath dwelling adds significant potential for rental income, guest quarters, or office space. Ready for its next owner to enjoy or add value!

Details

Property type

Single Family Residence

Est. home value

$149,029

Lot size

1.00 acres

Price per sq ft

$76

Year built

1956

HOA

No

Price History

10/29/2024
CentralTexas

CentralTexas #561178

Listed
$144,900
04/10/2024
Houston

Houston #6305767

Removed
04/04/2024
Houston

Houston #6305767

Price change
$164,500
-1.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Bay City ISD

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

$68,912
Asking price
$144,900
Closing costs (~8% of asking)
-$11,592
Est. remaining loan balance
-$64,396
Cash to seller
$68,912

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

Seller’s Loan History

Lender

Goodleap Llc

Loan start date

September 2022

Original loan amount

$66,500

Est. remaining balance

$64,396

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Claudette Ridgedell

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: Active

Tomo last checked: 11/05/2024 at 9:30 AM

Listing updated: 10/30/2024 at 4:19 PM

Listed by: Heather Ott, Teifke Real Estate Phone #: (512) 870-8184

MLS: CentralTexas #561178

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