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$699,950

Beds
4
Baths
3.0
sq ft
3,335

38614 Angel Oaks Dr, Magnolia, TX 77355

38614 Angel Oaks Dr

Magnolia, TX 77355

  • 63 days on market
    • Price drop $15,050↓
Welcome to this quiet country cottage in Magnolia, TX, nestled on nearly an acre, where you're surrounded by the peaceful sounds of nature and wildlife that roam freely through the neighborhood. This home features an open-concept living area with a floor-to-ceiling stone, wood-burning fireplace and charming wood beams for that perfect cottage appeal. Updates include new flooring and fresh paint, a remodeled primary bathroom, and custom kitchen cabinets with a newer dishwasher. The large primary bedroom is on the main floor, & upstairs features secondary bedrooms and a spacious flex room perfect for a media, game, or family room. Outside you'll find a true oasis with a resort-style pool, jacuzzi, waterfall, outdoor bar, and fireplace. Added screened gutters, a large shed/workshop, and a variable speed pool pump for energy efficiency are great bonuses. The property boasts fruit and citrus trees and is located at the end of a quiet street with no HOA—perfect for welcoming pets & privacy!

Details

Property type

Single Family Residence

Est. home value

$604,840

Lot size

0.89 acres

Price per sq ft

$210

Year built

1986

Annual property taxes

$9,263

Price History

10/01/2024
Houston

Houston #67627678

Price change
$699,950
-2.1%
09/12/2024
Houston

Houston #67627678

Listed
$715,000
06/24/2022
Houston

Houston #29454800

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

$465,428
Asking price
$699,950
Closing costs (~8% of asking)
-$55,996
Est. remaining loan balance
-$178,526
Cash to seller
$465,428

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

June 2022

Original loan amount

$185,000

Est. remaining balance

$178,526

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Billy James Schafer and Sarah Lean Schafer

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: 11/14/2024 at 10:10 AM

Listing updated: 10/01/2024 at 3:22 PM

Listed by: Elissa Hughes, Redfin Corporation Phone #: (972) 689-3111

MLS: Houston #67627678

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