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$749,000

Beds
3
Baths
3.5
sq ft
3,641

1950 Norfolk St, Houston, TX 77098

1950 Norfolk St

Houston, TX 77098

  • 59 days on market
    • Price drop $50,000↓
First floor living with back yard space in highly desirable Upper Kirby/Montrose area. First floor with large living/dining area. Kitchen with breakfast area and half bath. Second floor with oversized primary suite with high ceilings. Additional bedroom with en-suite bath. Third floor with outdoor patio, additional living room/game room with bar area and full bed and bath. Lots of great space with plenty of storage. In close proximity to restaurants and stores and close access to freeways and the Med Center.

Details

Property type

Single Family Residence

Est. home value

$994,969

Lot size

3,123 sq ft

Price per sq ft

$206

Year built

2003

Annual property taxes

$17,435

Price History

07/01/2024
Houston

Houston #52155328

Price change
$749,000
-6.26%
06/10/2024
Houston

Houston #52155328

Price change
$799,000
-2.56%
05/07/2024
Houston

Houston #52155328

Listed
$820,000

Schools & Community

Neighborhood: 

Neartown - Montrose

Elementary school: 

POE ELEMENTARY 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

$514,880
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$174,200
Cash to seller
$514,880

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

Seller’s Loan History

Lender

Marketamerica Mortgage Corp

Loan start date

June 2006

Original loan amount

$275,000

Est. remaining balance

$174,200

Interest rate

6.58%

Loan type

Not Provided, 30 year

Seller

Kent R Bennett and Linda L Bennett

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 11:15 PM

Listing updated: 07/01/2024 at 1:33 PM

Listed by: Sarah Callaway Sulma, Greenwood King Properties - Kirby Office Phone #: (713) 524-0888

MLS: Houston #52155328

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