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$899,000

Beds
3
Baths
2.0
sq ft
1,548

1743 Michigan St, Houston, TX 77006

1743 Michigan St

Houston, TX 77006

  • 105 days on market
    • Price drop $50,000↓
Introducing a timeless gem nestled in the heart of Montrose, this enchanting home perfectly blends classic allure with modern elegance. Originally crafted in the 1930s, the home has undergone meticulous renovations, honoring its historic charm while embracing contemporary comforts. Guests are greeted by a warm ambiance and an inviting atmosphere, courtesy of thoughtful updates and a well-designed floor plan. A fusion of old-world craftsmanship and contemporary design is evident throughout the home, with newly installed electrical wiring, fiber cement siding, and energy-efficient windows. The spacious primary suite features a beautifully renovated bathroom. A detached garage, coupled with a gated driveway, creates a private feel in the heart of the city. Located just minutes away from some of Houston's finest restaurants, don't miss the opportunity to make this beautiful home your own, where timeless elegance meets modern comfort in one of Houston’s most coveted neighborhoods!

Details

Property type

Single Family Residence

Est. home value

$875,823

Lot size

5,001 sq ft

Price per sq ft

$581

Year built

1930

Annual property taxes

$11,018

Price History

06/01/2024
Houston

Houston #37433314

Price change
$899,000
-5.27%
03/22/2024
Houston

Houston #37433314

Listed
$949,000
01/25/2024
Houston

Houston #91754793

Removed

Schools & Community

Neighborhood: 

Neartown - Montrose

Elementary school: 

BAKER MONTESSORI SCHOOL

Middle school: 

LANIER 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

$392,064
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$435,016
Cash to seller
$392,064

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

Seller’s Loan History

Lender

Security National Mortgage Co

Loan start date

June 2023

Original loan amount

$440,000

Est. remaining balance

$435,016

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Archie Patterson

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: 07/05/2024 at 10:25 PM

Listing updated: 06/30/2024 at 2:13 PM

Listed by: Ryan Smith, Martha Turner Sotheby's International Realty Phone #: (713) 520-1981

MLS: Houston #37433314

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