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$675,450

Beds
7
Baths
2.5
sq ft
1,872

23140 E Martin Dr, Porter, TX 77365

23140 E Martin Dr

Porter, TX 77365

  • 199 days on market
    • Price drop $224,549↓
1.32 ACRES Come take a Look this home was built in 1970 and has since been remodeled and converted into a Duplex. This property is in a great location, just down from SH 99. approximately 15 or 20 min from Bush IAH Airport. Shopping & Dinning in Valley Ranch Shopping Center. Duplex consist Unit 2 4 Bedrooms and 2 baths and Kitchen area. Unit 2 has 3 Bedrooms and 1 Bath and Kitchen. There is a carport in back for Cars. West side of property consist of a 52X61 square-foot Metal Building that has been used as a Mechanic Shop, Meat Market/Restaurant and sectioned off from shop is another 3 Bedroom 1 Bath Kitchen and Dinning Area. This is a great Investment property. There is a Manufacture home on the property 80x20 square foot home that needs inside work. SELLER WILL DEVIDE!

Details

Property type

Duplex

Est. home value

$313,754

Lot size

1.32 acres

Price per sq ft

$361

Year built

1970

Annual property taxes

$5,552

Price History

05/14/2024
Houston

Houston #69556445

Price change
$675,450
-24.95%
03/19/2024
Houston

Houston #69556445

Listed
$899,999
05/17/2023
Houston

Houston #15365672

Removed

Schools & Community

Elementary school: 

PORTER ELEMENTARY SCHOOL (NEW CANEY)

Middle school: 

WOODRIDGE FOREST MIDDLE SCHOOL

High school: 

WEST FORK HIGH SCHOOL

School district: 

New Caney

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

$403,612
Asking price
$675,450
Closing costs (~8% of asking)
-$54,036
Est. remaining loan balance
-$217,802
Cash to seller
$403,612

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

May 2023

Original loan amount

$221,250

Est. remaining balance

$217,802

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Fareeha Imran Mustahsan

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: 10/04/2024 at 10:15 PM

Listing updated: 07/24/2024 at 8:47 AM

Listed by: Deborah Walters, Anne Vickery & Associates Realty, LLC Phone #: (281) 940-7253

MLS: Houston #69556445

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