tomo logo

$389,000

Beds
3
Baths
2.0
sq ft
1,835

31822 Terri Ln, Magnolia, TX 77355

31822 Terri Ln

Magnolia, TX 77355

  • 97 days on market
    • Price drop $10,000↓
Beautifully remodeled single-story, 3-bedroom, 2-bathroom brick home set on over an acre in Walnut Springs! This home has it all! Completely updated with new wood-look tile flooring throughout, stained kitchen cabinets, granite countertops and backsplash, new appliances, stainless steel sink, 2-inch blinds, new door hardware, fully tiled master shower, added electrical sub-panel, new Pex® plumbing, updated electrical and plumbing fixtures, outlets, a front gate with full perimeter fencing, new roof, covered back patio, new AC fan, and so much more! The detached 30x20 2-car garage in the back features two roll-up doors, water, and power, plus a 30x20 man cave/game room with a bar, pool table, and window units that could also be used as a shop, personal gym, office – endless possibilities! NO MUD or HOA fees and low taxes! This is a must-see! Schedule a tour TODAY!

Details

Property type

Single Family Residence

Est. home value

$384,382

Lot size

1.15 acres

Price per sq ft

$212

Year built

1982

Annual property taxes

$6,214

Price History

10/31/2024
Houston

Houston #39383431

Price change
$389,000
-2.51%
10/04/2024
Houston

Houston #39383431

Listed
$399,000
07/30/2024
Houston

Houston #39383431

Pending
$399,000

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

$11,258
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$346,622
Cash to seller
$11,258

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 2022

Original loan amount

$353,479

Est. remaining balance

$346,622

Interest rate

6.94%

Loan type

FHA, 30 year

Seller

Darrell Wayne Coursey

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?

Similar Homes Nearby

Houston
$390,000
3 bd
|
2 ba
|
2,498 sq ft
|
House

32067 S Wiggins St, Magnolia, TX 77355

Houston
$399,500
3 bd
|
2 ba
|
1,839 sq ft
|
House

22615 Coriander Dr, Magnolia, TX 77355

Houston
$360,000
3 bd
|
2 ba
|
1,443 sq ft
|
House

16507 Walnut Springs Ln, Magnolia, TX 77355

Status: Active

Tomo last checked: 11/05/2024 at 9:00 PM

Listing updated: 10/31/2024 at 2:13 PM

Listed by: Laurie Bagwell, Home Sweet Home Real Estate Group Phone #: (832) 797-3092

MLS: Houston #39383431

Houston logo

Recently listed in Magnolia

$245,990|3 bd|2.0 ba|House
$323,990|5 bd|3.5 ba|House
$297,990|4 bd|2.5 ba|House
$264,990|3 bd|2.5 ba|House
$425,000|3 bd|2.0 ba|House