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$397,900

Beds
3
Baths
2.0
sq ft
1,850

2974 Commerce St, Houston, TX 77003

2974 Commerce St

Houston, TX 77003

  • 11 days on market
This contemporary townhome is in impeccable state. The spacious layout features an expansive living area, kitchen, and dining room on the second floor. This level boasts hardwood floors, tall ceilings, abundant sunlight, and a balcony. On the third floor, you'll find the primary bedroom with its attached ensuite bathroom. Additionally, there's a loft space complete with a spiral staircase that grants access to the rooftop deck. The first floor houses two guest bedrooms, a full bathroom, and laundry room. This townhome is currently occupied with a tenant in place until May 31st, 2025.

Details

Property type

Townhouse

Est. home value

$370,619

Lot size

Unknown

Price per sq ft

$216

Year built

2014

Price History

06/21/2024
Houston

Houston #33587985

Listed
$397,900
10/30/2020
Houston

Houston #57020113

Removed

Schools & Community

Neighborhood: 

Second Ward

Elementary school: 

BURNET ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

NAVARRO MIDDLE SCHOOL (HOUSTON)

High school: 

WHEATLEY 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

$78,097
Asking price
$397,900
Closing costs (~8% of asking)
-$31,832
Est. remaining loan balance
-$287,971
Cash to seller
$78,097

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

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

October 2020

Original loan amount

$313,500

Est. remaining balance

$287,971

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Jeffrey Andrew Spencer and Stacey Perez Spencer

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 12:40 PM

Listing updated: 06/22/2024 at 4:04 AM

Listed by: Phillip Carranza, Refuge Property MGMT LLC Phone #: (281) 657-5676

MLS: Houston #33587985

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