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$2,680,000

Beds
5
Baths
5.0
sq ft
5,150

3818 Drake St, Houston, TX 77005

3818 Drake St

Houston, TX 77005

  • 265 days on market
Location!!!The new two-story modern style villa to be completed in end of 2022 has five rooms, five bathrooms and a high-profile master bathroom. The spacious balcony extending from the second master bedroom allows you to enjoy your own morning time with a breath of fresh air. The first-floor kitchen and living room provide an excellent space to hold family meetings, dinners, and other special events. With these glorious descriptions, it is safe to say that this house will provide more than enough comfort, space, The whole house custom-made cabinets are made of European imported boards, with super comfortable feel and texture. Italian crystal chandeliers are also included, enhancing the style of the entire home. And luxury for anyone.

Details

Property type

Single Family Residence

Est. home value

$2,770,994

Property condition

New Construction

Lot size

7,135 sq ft

Price per sq ft

$521

Year built

2022

Price History

08/21/2024
Houston

Houston #41956995

Listed
$2,680,000
08/18/2024
Houston

Houston #41956995

Removed
05/01/2024
Houston

Houston #41956995

Listed
$2,680,000

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

$2,077,513
Asking price
$2,680,000
Closing costs (~8% of asking)
-$214,400
Est. remaining loan balance
-$388,087
Cash to seller
$2,077,513

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

Seller’s Loan History

Lender

East West Bank

Loan start date

November 2020

Original loan amount

$426,000

Est. remaining balance

$388,087

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Land Giants Investment Inc

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: 11/21/2024 at 9:10 PM

Listing updated: 08/25/2024 at 4:12 PM

Listed by: Min Song, KingFay Inc Phone #: (832) 539-6468

MLS: Houston #41956995

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