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$380,000

Beds
3
Baths
2.5
sq ft
1,858

402 S 4th St, Richmond, TX 77469

402 S 4th St

Richmond, TX 77469

  • 162 days on market
    • Price drop $19,000↓
Extremely rare colonial style historic home situated in the heart of Richmond Downtown. Highlights of 2023 renovations include stunning interior and exterior painting, lovely laminate flooring, and updated kitchen cabinets and countertops. The master bathroom features exquisite countertops, a renovated shower, and a jetted hot tub. The charming powder bathroom showcases a stylish vanity. Throughout the house, you'll find impressive light fixtures and finishes. Upstairs, the updates continue with two spacious bedrooms, a beautifully updated bathroom, and a large balcony. This property is a must-see!

Details

Property type

Single Family Residence

Lot size

8,999 sq ft

Price per sq ft

$205

Year built

1900

Annual property taxes

$4,314

Price History

07/26/2024
Houston

Houston #16861688

Price change
$380,000
-4.76%
06/18/2024
Houston

Houston #16861688

Price change
$399,000
-11.33%
06/12/2024
Houston

Houston #16861688

Listed
$450,000

Schools & Community

Elementary school: 

LONG ELEMENTARY SCHOOL (LAMAR)

Middle school: 

LAMAR JUNIOR HIGH SCHOOL

High school: 

LAMAR CONSOLIDATED HIGH SCHOOL

School district: 

Lamar Consolidated

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

$8,490
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$341,110
Cash to seller
$8,490

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

June 2023

Original loan amount

$346,750

Est. remaining balance

$341,110

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Binbin Wu and Han Wang

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: 11/22/2024 at 6:55 PM

Listing updated: 11/08/2024 at 11:28 PM

Listed by: Binbin Wu, Houston Champions Realty Phone #: (281) 827-8188

MLS: Houston #16861688

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