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$299,000

Beds
1
Baths
1.5
sq ft
993

2000 Bagby St Unit 5432, Houston, TX 77002

2000 Bagby St Unit 5432

Houston, TX 77002

  • 72 days on market
    • Price drop $10,000↓
Welcome to this chic 5th-floor condo in the iconic Rise Lofts, offering breathtaking views of downtown Houston. Nestled in the heart of Midtown, one of Houston’s most vibrant and walkable neighborhoods, this stylish residence features an open-concept living area with floor-to-ceiling windows and remote-controlled blinds. The rooftop amenities boast perhaps the best view of downtown in the city, complete with pools, a hot tub, a grilling area, and an expansive lounge space ideal for entertaining or relaxing. A 24/7 concierge ensures security and peace of mind, safeguarding the building and your deliveries. Imagine positioning your work desk to showcase the stunning cityscape, leaving your coworkers wondering if your Zoom background is real. Additionally, the building’s solid underground connection to the grid near a power station ensures reliable electricity during storms, making it far more resistant to hurricane-induced power outages than most residential buildings in the city.

Details

Property type

Condominium

Est. home value

$304,357

Lot size

Unknown

Price per sq ft

$302

Year built

2004

Annual property taxes

$5,631

Monthly HOA fee

$498

Price History

10/08/2024
Houston

Houston #33920242

Price change
$299,000
-3.24%
09/10/2024
Houston

Houston #33920242

Listed
$309,000
02/18/2022
Houston

Houston #11400232

Removed

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

$73,832
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$201,248
Cash to seller
$73,832

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

Seller’s Loan History

Lender

Republic State Mortgage Co

Loan start date

February 2022

Original loan amount

$213,750

Est. remaining balance

$201,248

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Michael Beauregard and Annie Burton

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: 11/21/2024 at 9:45 PM

Listing updated: 10/08/2024 at 3:37 PM

Listed by: Jonathan Minerick, homecoin.com Phone #: (888) 400-2513

MLS: Houston #33920242

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