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$599,000

Beds
3
Baths
3.5
sq ft
2,408

1948 Welch St, Houston, TX 77019

1948 Welch St

Houston, TX 77019

  • 44 days on market
    • Price drop $16,000↓
    • Open house Dec 22
Stunning Townhome in Highly Desirable Inner Loop Location! Three-story residence featuring open concept layout. Enjoy the charm of plantation shutters, hardwood floors, and crown molding throughout. The bright and airy living area w a cozy gas log fireplace, built-ins, & elegant tray ceiling in dining area. Kitchen is complete w custom cabinetry, stainless steel appliances, and granite countertops. Third-floor primary bedroom offers wall of windows that fill it w natural light. Ensuite bathroom equipped w double vanities, a jetted tub, separate shower, and a spacious closet. Secondary bedroom up w attached bath. Downstairs suite has its own private entrance, making it ideal for a home office, guest room, mother-in-law suite, or income-generating rental space. Location, Location, Location! Enjoy the convenience of walking to the River Oaks Shopping Center and being just minutes away from the best spots in the inner loop. This is a fantastic opportunity you won’t want to miss!

Details

Property type

Townhouse

Est. home value

$561,691

Lot size

Unknown

Price per sq ft

$249

Year built

1995

Annual property taxes

$10,333

Price History

11/13/2024
Houston

Houston #92275393

Price change
$599,000
-2.6%
11/08/2024
Houston

Houston #92275393

Listed
$615,000
01/28/2022
Houston

Houston #70771137

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

$165,625
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$385,455
Cash to seller
$165,625

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

January 2022

Original loan amount

$410,000

Est. remaining balance

$385,455

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Rachael A Poujol

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: 12/22/2024 at 11:35 AM

Listing updated: 12/20/2024 at 12:08 PM

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

MLS: Houston #92275393

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