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$515,000

Beds
3
Baths
3.5
sq ft
2,500

196 Oak Place Dr, Houston, TX 77006

196 Oak Place Dr

Houston, TX 77006

  • 22 days on market
This exquisite townhouse in the Fourth Ward's gated community of Oak Place exudes French charm with its stylish facade adorned with gas lamps. The interior boasts a spacious kitchen featuring a central island with a breakfast bar and a 20-bottle wine rack, perfect for culinary enthusiasts and entertaining. Crown molding gracefully accentuates the house throughout, adding an elegant touch to the living spaces. The convenience of an elevator connecting all three floors ensures easy accessibility. Additionally, the first-floor bedroom offers versatility, serving as a comfortable home office or guest suite. This townhouse offers a perfect blend of timeless elegance, modern convenience, and flexible living spaces. Whether enjoying the luxurious interior spaces, the charming community amenities, or the vibrant neighborhood, this townhouse offers a lifestyle that is both sophisticated and inviting. Quick access to 59. Within minutes from Downtown, Museum district and Medical center.

Details

Property type

Townhouse

Est. home value

$493,784

Lot size

Unknown

Price per sq ft

$206

Year built

2001

Annual property taxes

$9,142

Monthly HOA fee

$364.17

Price History

06/10/2024
Houston

Houston #27413677

Listed
$515,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

GREGORY-LINCOLN ELEMENTARY SCHOOL

Middle school: 

GREGORY-LINCOLN MIDDLE SCHOOL

High school: 

HEIGHTS HIGH SCHOOL

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

$143,181
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$330,619
Cash to seller
$143,181

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

June 2014

Original loan amount

$417,000

Est. remaining balance

$330,619

Interest rate

4.27%

Loan type

New Conventional, 30 year

Seller

Jairo Velasquez and Yolanda Velasquez

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: 07/03/2024 at 10:35 AM

Listing updated: 06/30/2024 at 4:14 PM

Listed by: Maria Barnabe, Compass RE Texas, LLC - Houston Phone #: (832) 899-4788

MLS: Houston #27413677

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