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$555,000

Beds
4
Baths
3.5
sq ft
3,165

40393 Mostyn Dr, Magnolia, TX 77354

40393 Mostyn Dr

Magnolia, TX 77354

  • 126 days on market
    • Price drop $10,000↓
Welcome to this stunning 4/5 bedroom, 3.5 bath, 1.5 story home in the highly desirable community of Mostyn Manor Estates! This home is filled with impressive upgrades, including arched walkways and niches, plantation shutters, tiered ceilings, and custom cabinetry. The kitchen features granite countertops, stainless steel appliances, a double oven, tons of cabinet space, and a butler's pantry. The gas-start wood-burning fireplace adds a cozy touch to the living area, ideal for cool evenings. The primary suite is bright and airy, with double doors to an ensuite bathroom including two sinks, jetted tub, and a spacious walk-in shower. The first floor also offers 3 guest suites, a private office space, and a formal dining room. Upstairs, you’ll find an impressive media/game room with a half bath and wet bar. The backyard is perfect for entertaining, with an extended concrete patio and a meticulously maintained lawn with a sprinkler system, large enough to accommodate a pool.

Details

Property type

Single Family Residence

Est. home value

$594,689

Lot size

0.39 acres

Price per sq ft

$176

Year built

2014

Annual property taxes

$9,091

Monthly HOA fee

$41.67

Price History

08/14/2024
Houston

Houston #73624218

Price change
$555,000
07/04/2024
Houston

Houston #60765628

Removed
07/04/2024
Houston

Houston #73624218

Listed
$565,000
-1.74%

Schools & Community

Elementary school: 

MAGNOLIA PARKWAY ELEMENTARY SCHOOL

Middle school: 

BEAR BRANCH JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA 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

$190,468
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$320,132
Cash to seller
$190,468

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

June 2021

Original loan amount

$345,840

Est. remaining balance

$320,132

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Steven Alan Dees and Jessica L Megargee Dees

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: 11/08/2024 at 11:45 AM

Listing updated: 11/02/2024 at 1:08 PM

Listed by: Evan Ballew, Top Guns Realty on Lake Conroe Phone #: (936) 582-1700

MLS: Houston #73624218

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