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$3,995,000

Beds
5
Baths
6.5
sq ft
6,631

3815 Drake St, Houston, TX 77005

3815 Drake St

Houston, TX 77005

  • 60 days on market
    • Price drop $304,000↓
Completed in May 2024, 3815 Drake Street welcomes grand gatherings and jovial entertaining with wonderful flow, formal and informal spaces indoors and out; 12' ceilings on level one, abundant natural light from the plethora of large windows and recessed LED lighting, highlighted by select chandeliers and sconces. Artisanal touches add character and many walls provide for art display; A Gourmet Kitchen with Wolfe/Sub Zero appliance package, dual islands for work space and dining, The Great Room and covered Loggia with outdoor Kitchen provide enjoyment of the Pool/Spa and rear garden; A sumptuous Primary Suite on Level Two with four additional en-suite secondary bedrooms and a Game Room; Well located near The Med Center, Downtown and Museums, minutes to prized private schools and the Galleria.... A wonderful home worth considering!

Details

Property type

Single Family Residence

Est. home value

$840,312

Property condition

New Construction

Lot size

9,487 sq ft

Price per sq ft

$603

Year built

2024

Annual property taxes

$14,290

Price History

06/20/2024
Houston

Houston #16341228

Price change
$3,995,000
-7.07%
05/06/2024
Houston

Houston #16341228

Listed
$4,299,000
01/31/2022
Houston

Houston #39632763

Removed

Schools & Community

Neighborhood: 

Greenway - Upper Kirby Area

Elementary school: 

WEST UNIVERSITY ELEMENTARY SCHOOL

Middle school: 

PERSHING 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

$3,549,138
Asking price
$3,995,000
Closing costs (~8% of asking)
-$319,600
Est. remaining loan balance
-$126,262
Cash to seller
$3,549,138

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

Seller’s Loan History

Lender

Hmc-Home Mortgages Co

Loan start date

June 2004

Original loan amount

$229,000

Est. remaining balance

$126,262

Interest rate

6.34%

Loan type

Not Provided, 30 year

Seller

Todd Ashley Leffler

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: 07/06/2024 at 12:00 AM

Listing updated: 06/30/2024 at 4:14 PM

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

MLS: Houston #16341228

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