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$361,000

Beds
4
Baths
2.5
sq ft
2,230

21018 Somerset Park Ln, Katy, TX 77450

21018 Somerset Park Ln

Katy, TX 77450

  • <1 day on market
Welcome to this charming red brick house with a front patio, situated in the prime Cinco Ranch location and zoned to top Katy ISD schools. Enjoy easy access to both Highway 99 and the Westpark Tollway, making commuting a breeze. The living area features a high ceiling and is open to the breakfast area, creating a spacious and inviting atmosphere. This home offers 4 bedrooms, a formal dining room, and 2.5 baths. The master bedroom is conveniently located on the main floor, while a game room awaits upstairs. Recently remodeled, this house boasts fresh paint and granite countertops in the kitchen, all bathrooms, and the half bath. Stainless steel appliances complete the modern kitchen. Notably, this property has never been flooded or damaged by a hurricane, ensuring peace of mind for its new owners.

Details

Property type

Single Family Residence

Est. home value

$324,612

Lot size

5,175 sq ft

Price per sq ft

$162

Year built

2002

Monthly HOA fee

$95.83

Price History

09/18/2024
Houston

Houston #8466881

Listed
$361,000

Schools & Community

Elementary school: 

CREECH ELEMENTARY SCHOOL

Middle school: 

BECK JUNIOR HIGH SCHOOL

High school: 

CINCO RANCH HIGH SCHOOL

School district: 

Katy

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

$280,752
Asking price
$361,000
Closing costs (~8% of asking)
-$28,880
Est. remaining loan balance
-$51,368
Cash to seller
$280,752

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

Seller’s Loan History

Lender

Pulte Mtg Corp

Loan start date

July 2002

Original loan amount

$107,712

Est. remaining balance

$51,368

Interest rate

6.89%

Loan type

Not Provided, 30 year

Seller

Hong Feng and Lihong Qi

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: 09/19/2024 at 2:15 PM

Listing updated: 09/19/2024 at 4:03 AM

Listed by: Qiang Tu, 31 Realty Phone #: (972) 517-6908

MLS: Houston #8466881

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