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$555,376Estimated home value

Beds
3
Baths
3.0
sq ft
2,763

21814 Michael Dr, Magnolia, TX 77355

21814 Michael Dr

Magnolia, TX 77355

  • Off market
    • Price drop $74,100↓
This stunning farmhouse has been thoughtfully renovated with exquisite features & upgrades which promise to elevate your living experience on this 4+ acre sloping, ravine lot. Kitchen is appointed with state-of-the-art Z-Line Autograph Edition appliances, gorgeous fixtures & custom white oak cabinets stained in elegant black onyx crafted by a prestigious California custom cabinet maker. Black leather granite counters add a touch of rustic sophistication to this piney woods beauty. Boot scoot across custom hardwood flooring sourced from local post oak trees, meticulously hand-cut & scraped by the esteemed Hardwood Design Co. of College Station. Every step echoes with the essence of craftsmanship & local pride. Bathrooms have been transformed into serene retreats, with custom-made shower tiles from Cle Tile, granite counters, white oak cabinetry & luxe fixtures. New siding/paint, black framed picture windows, new carpet in bedrooms. Carport sets up perfectly for future guest house.

Details

Property type

Single Family Residence

Est. home value

$555,376

Lot size

4.13 acres

Price per sq ft

$263

Year built

1983

Annual property taxes

$8,709

Monthly HOA fee

$13.33

Price History

08/17/2024
Houston

Houston #22613778

Removed
08/07/2024
Houston

Houston #22613778

Price change
$724,900
-9.27%
05/29/2024
Houston

Houston #22613778

Price change
$799,000
-4.3%

Schools & Community

Elementary school: 

J.L. LYON ELEMENTARY SCHOOL

Middle school: 

MAGNOLIA JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA WEST HIGH SCHOOL

School district: 

Magnolia

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

$290,915
Asking price
$724,900
Closing costs (~8% of asking)
-$57,992
Est. remaining loan balance
-$375,993
Cash to seller
$290,915

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$399,000

Est. remaining balance

$375,993

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Shane Eugene Ellis and Amber Ellis

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 9:00 PM

Listing updated: 08/08/2024 at 4:02 AM

Listed by: Steven Robinson, Hometown America Incorporated Phone #: (281) 565-5626

MLS: Houston #22613778

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