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$275,000

Beds
3
Baths
2.5
sq ft
2,119

401 Lucky Ln, Wharton, TX 77488

401 Lucky Ln

Wharton, TX 77488

  • 35 days on market
This home was built in 1940 by a local doctor for his wife. Three bedrooms, two bathrooms in the house and a half bath in the workshop/storage room. The house was recently updated, fresh paint, kitchen appliances, light fixtures, and ceiling fans. Brick with a deep porch and arches on two sides of the porch. Original wood floors. More than half an acre corner lot with a fenced back yard and work shop with a half bath. This property is listed in the NATIONAL REGISTER OF HISTORIC PLACES By The United States Department of the interior.

Details

Property type

Single Family Residence

Est. home value

$306,833

Lot size

0.59 acres

Price per sq ft

$130

Year built

1940

Annual property taxes

$6,300

Price History

10/01/2024
Houston

Houston #9493360

Listed
$275,000
02/04/2021
Houston

Houston #23163124

Removed
07/20/2020
Houston

Houston #55818157

Removed

Schools & Community

Elementary school: 

CG SIVELLS/WHARTON ELEMENTARY SCHOOL

Middle school: 

WHARTON JUNIOR HIGH

High school: 

WHARTON HIGH SCHOOL

School district: 

Wharton

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

$139,879
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$113,121
Cash to seller
$139,879

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

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

February 2021

Original loan amount

$145,000

Est. remaining balance

$113,121

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Joshua John Owens

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: 11/05/2024 at 7:25 PM

Listing updated: 10/02/2024 at 4:13 AM

Listed by: Deborah Folks, Wied Realty Phone #: (979) 532-0334

MLS: Houston #9493360

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