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$190,000

Beds
3
Baths
2.0
sq ft
1,216

16214 Oak Lace Ln, Magnolia, TX 77355

16214 Oak Lace Ln

Magnolia, TX 77355

  • 79 days on market
    • Price drop $9,900↓
Discover the tranquility of country living in this beautifully maintained home nestled on a spacious 1/4-acre lot. This residence offers a perfect blend of modern comforts & rustic charm, making it an ideal sanctuary away from the hustle & bustle. The light-filled family room is perfect for relaxing & the adjoining kitchen is a chef's delight, featuring ample cabinet space, modern appliances, & a large island. The primary bedroom is a peaceful retreat with a walk-in closet complete with a soaking tub separate shower & dual sinks. Two additional bedrooms are perfect for guests, a home office, or hobby rooms. The backyard has endless possibilities for gardening, outdoor activities, or simply enjoying the serene country setting. Benefit from low taxes, no MUD & the convenience of included appliances—washer, dryer, & refrigerator—making moving in a breeze. This home is within easy reach of amenities & highways & presents a rare opportunity to enjoy the best of both worlds.

Details

Property type

Manufactured Home

Lot size

0.25 acres

Price per sq ft

$157

Year built

2021

Annual property taxes

$2,989

Monthly HOA fee

$16.67

Price History

08/31/2024
Houston

Houston #65245994

Price change
$190,000
-4.95%
07/19/2024
Houston

Houston #65245994

Price change
$199,900
-7.02%
06/25/2024
Houston

Houston #65245994

Listed
$215,000

Schools & Community

Elementary school: 

J.L. LYON ELEMENTARY SCHOOL

Middle school: 

MAGNOLIA JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA WEST HIGH SCHOOL

School district: 

Magnolia

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

$33,617
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$141,183
Cash to seller
$33,617

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

Seller’s Loan History

Lender

Vanderbilt Mortgage & Finance Inc

Loan start date

September 2021

Original loan amount

$154,950

Est. remaining balance

$141,183

Interest rate

2.8%

Loan type

New Conventional, 24 year

Seller

Morgan Brittany Hodge and Jefferson Gardner Hodge

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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House

26506 S Marek Ln, Magnolia, TX 77355

Status: Active

Tomo last checked: 09/13/2024 at 8:30 AM

Listing updated: 08/31/2024 at 1:32 PM

Listed by: Angela Pugh, Nan And Company Properties Phone #: (832) 320-1083

MLS: Houston #65245994

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