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$249,999

Beds
3
Baths
2.0
sq ft
2,499

32420 Old Hempstead Rd, Magnolia, TX 77355

32420 Old Hempstead Rd

Magnolia, TX 77355

  • 157 days on market
    • Price drop $49,001↓
1.2 acres - UNRESTRICTED! Workshop (with power, lighting, workspace), RV/boat storage, extra covered parking, circle driveway. Open for use commercially or for residential. 3 bedroom/2 bath home on property needs work -- please review Seller's Disclosures from your realtor. Propane, septic. Magnolia West High, Kitchen has gas stove with propane. Blue tiny house is not included.

Details

Property type

Manufactured Home

Est. home value

$337,127

Lot size

1.21 acres

Price per sq ft

$101

Year built

1995

Annual property taxes

$3,893

Price History

12/05/2024
Houston

Houston #51345688

Price change
$249,999
-16.39%
09/04/2024
Houston

Houston #51345688

Listed
$299,000
09/01/2024
Houston

Houston #51345688

Removed

Schools & Community

Elementary school: 

MAGNOLIA ELEMENTARY SCHOOL (MAGNOLIA)

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

-$8,261
Asking price
$249,999
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$238,260
Cash to seller
-$8,261

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

Seller’s Loan History

Lender

Interlinc Mortgage Services Llc

Loan start date

July 2022

Original loan amount

$247,000

Est. remaining balance

$238,260

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Madeleine Grace Nikirk

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: 12/23/2024 at 9:40 AM

Listing updated: 12/05/2024 at 1:28 PM

Listed by: Beverly Schulz, Zarco Properties, LLC Phone #: (281) 306-0336

MLS: Houston #51345688

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