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$349,000

Beds
4
Baths
2.5
sq ft
2,690

3131 Lake Island Dr, Montgomery, TX 77356

3131 Lake Island Dr

Montgomery, TX 77356

  • Pending
    • Price drop $20,000↓
What an amazing home waiting for your energy to match its unparalleled energy and love. Nestled in Walden on Lake Conroe, this wonderful home offers stunning fairway views and direct lake access. The upgraded kitchen, spacious living room, and private main suite make this property perfect for relaxing and entertaining. With a dumbwaiter for convenience and a balcony for enjoying the scenery, this home has large Closets throughout the entire house. The primary bedroom is enormous and has a high ceiling. The kitchen wraps around to a lovely dining table area. Take advantage of the opportunity to live in this peaceful lake community. Schedule a showing today! Under market VALUE.

Details

Property type

Single Family Residence

Est. home value

$471,239

Lot size

9,618 sq ft

Price per sq ft

$130

Year built

1989

Annual property taxes

$6,468

Monthly HOA fee

$92.92

Price History

09/28/2024
Houston

Houston #88668547

Pending
$349,000
09/09/2024
Houston

Houston #88668547

Price change
$349,000
-5.42%
08/07/2024
Houston

Houston #88668547

Price change
$369,000
-2.89%

Schools & Community

Elementary school: 

MADELEY RANCH ELEMENTARY SCHOOL

Middle school: 

MONTGOMERY JUNIOR HIGH SCHOOL

High school: 

MONTGOMERY HIGH SCHOOL

School district: 

Montgomery

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

$88,138
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$232,942
Cash to seller
$88,138

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2020

Original loan amount

$254,308

Est. remaining balance

$232,942

Interest rate

2.81%

Loan type

FHA, 30 year

Seller

Valerie Elaine Day and Jennifer Elaine Linker

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: Pending/Under Contract

Tomo last checked: 10/04/2024 at 7:45 PM

Listing updated: 10/03/2024 at 9:42 AM

Listed by: Brianna Phillips, Walzel Properties - Corporate Office Phone #: (832) 674-4960

MLS: Houston #88668547

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