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$635,000

Beds
3
Baths
3.0
sq ft
2,396

1942 Fairview Ave, Houston, TX 77019

1942 Fairview Ave

Houston, TX 77019

  • 38 days on market
    • Open house Aug 25
Beautiful, Updated Patio Home located in a small gated community of 5 Homes. Second floor living areas with an open concept floor plan. The Living Room features Wood Floors, Gas Fireplace, Windows Coverings, Large Dining Room, Window Coverings and a Juliet Balcony. Kitchen with Slab Carrera Marble Counters, Carrera Tile Backsplash, Stainless Appliances, Breakfast Area and an Exterior Staircase down to the Yard for convenient Access. The Large Primary offers Vaulted Ceiling, Window Coverings, plus an Updated Primary Bathroom. There is a New Roof Installed in June 2024. Low maintenance, Brick and Hardi Exterior, Patio and a Yard. Located within walking distance to River Oaks Shopping Center, Buffalo Bayou Park and many shops and eateries. Minutes by car to downtown Houston, Rice University and the Texas Medical Center.

Details

Property type

Single Family Residence

Est. home value

$505,468

Lot size

1,681 sq ft

Price per sq ft

$266

Year built

1994

Annual property taxes

$8,987

Price History

07/16/2024
Houston

Houston #26032250

Listed
$635,000

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

$406,205
Asking price
$635,000
Closing costs (~8% of asking)
-$50,800
Est. remaining loan balance
-$177,995
Cash to seller
$406,205

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2012

Original loan amount

$246,000

Est. remaining balance

$177,995

Interest rate

3.88%

Loan type

New Conventional, 30 year

Seller

Eddy D Chen and Du Chen

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: 08/23/2024 at 10:15 PM

Listing updated: 08/21/2024 at 10:02 PM

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

MLS: Houston #26032250

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