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$1,550,000

Beds
4
Baths
3.5
sq ft
3,301

3331 Damico St Unit 401, Houston, TX 77019

3331 Damico St Unit 401

Houston, TX 77019

  • 207 days on market
    • Price drop $49,000↓
This intimate building is tucked away just steps from Buffalo Bayou Park and features the best in luxury high-rise living. The condo has a unique open concept floor plan for sophisticated entertaining in the spacious living room, dining room with dramatic chandelier and gorgeous Chef's kitchen. All Miele appliances including a 6-burner gas cook top with griddle, two wine cooler/towers and ice maker. Designer wallpaper in the eye-popping powder room and elegant primary bath. Two large ensuite secondary bedrooms and flex room that can be a study, media room, or 4th bedroom. Gleaming hardwoods, quartzite and granite counters, designer bathroom fixtures and automatic window coverings are just some of the upgrades found throughout the condo. Unit conveys with 3 assigned parking spaces and climate controlled storage. Building has a gym and roof-top party room and terrace. Close to world-class dining and shopping.

Details

Property type

Condominium

Est. home value

$1,616,146

Lot size

Unknown

Price per sq ft

$470

Year built

2017

Annual property taxes

$33,182

Monthly HOA fee

$2,273

Price History

08/26/2024
Houston

Houston #57294180

Price change
$1,550,000
05/29/2024
Houston

Houston #84217860

Removed
05/29/2024
Houston

Houston #57294180

Listed
$1,599,000
-3.03%

Schools & Community

Neighborhood: 

Neartown - Montrose

Elementary school: 

WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY

Middle school: 

GREGORY-LINCOLN MIDDLE SCHOOL

High school: 

LAMAR HIGH SCHOOL (HOUSTON)

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

$489,751
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$936,249
Cash to seller
$489,751

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2017

Original loan amount

$1,088,000

Est. remaining balance

$936,249

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Lynn Mathre and Stewart C Odell

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: 12/22/2024 at 10:15 AM

Listing updated: 08/26/2024 at 5:32 PM

Listed by: Lisa Marshall, Martha Turner Sotheby's International Realty Phone #: (713) 520-1981

MLS: Houston #57294180

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