tomo logo

$625,000

Beds
5
Baths
3.5
sq ft
3,418

16508 Summery St, Manor, TX 78653

16508 Summery St

Manor, TX 78653

  • 80 days on market
    • Price drop $17,000↓
    • Open house Nov 29
BUYERS, if you choose to purchase this property with our preferred lending partner, they will cover the cost of the lender's title insurance policy. The sellers are also giving $5,000 towards buyer closing costs if the buyer can fund and close on this property by 11/30/2024. Contact Nithin Thomas at (512) 744-7099 for more information. Whisper Valley with 600 acres of park and the trail is just 15 mins from the Tesla Giga Factory, less than 15 mins from brand new HEB and Home Depot (opening in 2025), and Walmart. Stunning TWO-STORY, 5-bedroom, 3.5-bathroom home with a 2-car garage, located in the desirable Whisper Valley community. This property features solar panels, and a Nest thermostat for optimal energy efficiency and potential NET ZERO ENERGY consumption. The spacious master suite is conveniently situated on the FIRST FLOOR, featuring an expansive master shower and a built-in tub. Upstairs, enjoy a large game room and three additional bedrooms. The chef’s kitchen boasts quartz countertops and built-in stainless steel appliances, complemented by a MEDIA ROOM and a home office. The extensive covered patio offers a view of the expansive backyard. Minutes away from Tesla, Downtown Austin, shopping, and dining.

Details

Property type

Single Family Residence

Lot size

7,200.47 sq ft

Price per sq ft

$183

Year built

2020

Annual property taxes

$10,737

Monthly HOA fee

$72

Price History

10/21/2024
Austin

Austin #9891808

Price change
$625,000
-2.65%
09/18/2024
Austin

Austin #9891808

Price change
$642,000
-4.04%
09/03/2024
Austin

Austin #9891808

Listed
$669,000

Schools & Community

Elementary school: 

Gilbert

Middle school: 

Dailey

High school: 

Del Valle

Community features: 

Clubhouse, Fitness Center, Playground

High school district: 

Del Valle 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

$66,645
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$508,355
Cash to seller
$66,645

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

June 2021

Original loan amount

$548,250

Est. remaining balance

$508,355

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Madhan Prabhu Jayakumar and Mamata Mariyappa

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: 11/22/2024 at 8:00 PM

Listing updated: 11/16/2024 at 6:05 PM

Listed by: Nithin Thomas, JLA Realty Phone #: (713) 489-8130

MLS: Austin #9891808

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