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$223,000

Beds
2
Baths
2.0
sq ft
1,042

4041 Law St Unit 401, Houston, TX 77005

4041 Law St Unit 401

Houston, TX 77005

  • 70 days on market
    • Price drop $6,500↓
Nestled in the gated community of The Oaks at West University, this red brick condominium boasts 2 beds, 2 baths, and a central location near Downtown, the Texas Medical Center, and Houston universities. Enjoy vinyl plank flooring, a walk-in shower, built-in desk and shelves, and a cozy fireplace. The HVAC system is only 4 years old. HOA fees cover water, pool, and fitness center access. Washer, dryer, and refrigerator included. Assigned parking available. Must see this West U Elementary zoned gem listed at 229,500. Own this beautifully maintained condo and stop paying rent today!

Details

Property type

Condominium

Est. home value

$219,350

Lot size

Unknown

Price per sq ft

$215

Year built

1984

Annual property taxes

$4,102

Monthly HOA fee

$495

Price History

10/26/2024
Houston

Houston #84486606

Price change
$223,000
-2.83%
09/05/2024
Houston

Houston #84486606

Listed
$229,500
06/07/2023
Houston

Houston #69465881

Removed

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

$63,992
Asking price
$223,000
Closing costs (~8% of asking)
-$17,840
Est. remaining loan balance
-$141,168
Cash to seller
$63,992

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

June 2023

Original loan amount

$150,500

Est. remaining balance

$141,168

Interest rate

5.76%

Loan type

New Conventional, 15 year

Seller

Diana Hwang Liang

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 7:55 PM

Listing updated: 10/26/2024 at 3:43 PM

Listed by: Saet Kim, CMK Real Estate Phone #: (832) 581-2092

MLS: Houston #84486606

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