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$1,250,000

Beds
5
Baths
4.5
sq ft
4,846

16110 Pelican Beach Ln, Houston, TX 77044

16110 Pelican Beach Ln

Houston, TX 77044

  • 41 days on market
    • Price drop $49,900↓
Welcome to Pelican Beach, where luxurious living meets the tranquility of a lakeside paradise. This exquisite stunning home is nestled in the prestigious Lakeshore community. From the moment you step through the grand iron double doors, you're greeted by soaring ceilings, walls of windows, and stunning panoramic views of the lake. This home offers unparalleled luxury, featuring two primary suites on the first floor, a gourmet island kitchen, and a butler's pantry. The glass-enclosed sunroom is a seamless transition to the outdoor oasis, complete with a beach-entry pool, spa, outdoor kitchen, and spacious seating areas perfect for entertaining. This home is equipped with cutting-edge features for ultimate comfort and efficiency, including solar panels, a whole-home generator, a weather- and ice-resistant roof, a mosquito control system, and a fully integrated home audio system. This is more than a lake home; it's a lifestyle waiting for you.

Details

Property type

Single Family Residence

Est. home value

$881,101

Lot size

0.42 acres

Price per sq ft

$258

Year built

2011

Annual property taxes

$26,507

Monthly HOA fee

$77

Price History

09/01/2024
Houston

Houston #48319533

Price change
$1,250,000
-3.84%
08/09/2024
Houston

Houston #48319533

Listed
$1,299,900
11/05/2021
Houston

Houston #11728767

Removed

Schools & Community

Neighborhood: 

Lake Houston

Elementary school: 

LAKESHORE ELEMENTARY SCHOOL

Middle school: 

AUTUMN RIDGE MIDDLE

High school: 

SUMMER CREEK HIGH SCHOOL

School district: 

Humble

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

$343,465
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$806,535
Cash to seller
$343,465

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

November 2021

Original loan amount

$860,000

Est. remaining balance

$806,535

Interest rate

2.86%

Loan type

VA, 30 year

Seller

Cheri Renee Sacco and Jeremy James Sacco

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: 09/19/2024 at 11:35 PM

Listing updated: 09/19/2024 at 5:32 PM

Listed by: Dana Olejniczak, Martha Turner Sotheby's International Realty - Kingwood Phone #: (281) 359-6800

MLS: Houston #48319533

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