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$799,000

Beds
2
Baths
2.0
sq ft
1,536

1902 Ridgewood St, Houston, TX 77006

1902 Ridgewood St

Houston, TX 77006

  • 80 days on market
    • Price drop $100,000↓
Amazing opportunity to purchase an unrestricted property, located on the corner of Ridgewood and Vermont, with a large lot. There is also an opportunity to combine this property, with the property in the rear (1901 Dunlavy) to make a continuous 10,000 Sq.ft. Lot Per HCAD. This property has lots of original character with stained glass throughout, a built-in swimming pool, and a two story guest house with a kitchen and bathroom with a shower. Enjoy a chef's kitchen with plenty of storage and a breakfast room for casual dining. The living room has vaulted ceilings and the formal dining room has a fireplace. Both bedrooms and bathrooms are located downstairs. The primary bedroom has an en suite bathroom and a stained glass window. There is also an Upstairs Flexspace. Property Sold "As-Is, Where Is". Currently leased until April 2025, Plenty of Notice required for showings, endless opportunities!

Details

Property type

Single Family Residence

Est. home value

$809,758

Lot size

6,551 sq ft

Price per sq ft

$521

Year built

1921

Annual property taxes

$17,932

Price History

10/22/2024
Houston

Houston #38671204

Price change
$799,000
-11.12%
09/04/2024
Houston

Houston #38671204

Listed
$899,000

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

$573,086
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$161,994
Cash to seller
$573,086

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

Seller’s Loan History

Lender

Mb Financial Bank Na

Loan start date

December 2015

Original loan amount

$200,000

Est. remaining balance

$161,994

Interest rate

3.79%

Loan type

New Conventional, 30 year

Seller

Logan Jarrett Singer

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: 11/23/2024 at 2:35 PM

Listing updated: 10/22/2024 at 11:08 AM

Listed by: Patricia Dajani, Keller Williams Realty Metropolitan Phone #: (713) 621-8001

MLS: Houston #38671204

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