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$1,325,000

Beds
4
Baths
5.0
sq ft
6,091

42 Lake Sterling Gate Dr, Spring, TX 77379

42 Lake Sterling Gate Dr

Spring, TX 77379

  • 132 days on market
    • Price drop $15,000↓
GORGEOUS LAKEFRONT ESTATE HOME IN GATED COMMUNITY. Entry w/double metal doors & 2 winding staircases w/iron rails! Formal Living w/Stone Fireplace. Formal Dining has a full bar w/stone accents & wine cellar storage space. Travertine floors; fresh custom paint (in & out).Family, Kitchen & Breakfast are all open. Family Room w/Stone Fireplace & wood ceiling accents. Kitchen is a cook's dream w/black stainless appl,, dble ovens, 5 burner cook-top, & built in refrig stays! Tons of cabinet space w/island seating & large pantry. Views of the Lake from almost every window. Gorgeous back yard lanai w/fireplace, 2 sitting areas & outdoor kitchen. Beautiful landscaping & heated pool w/waterfall grotto. Fireplace in Primary & Primary Bath! Cedar lined primary closet. Game Room up w/balcony & sitting area & second bar. HUGE Media Room fully equipped! 2 bedrooms down; 48 KW Generator runs the whole house & pool. Newer roof w/30 yr shingles, updated HVACs & Water Heaters. NO FLOODING.

Details

Property type

Single Family Residence

Est. home value

$1,395,488

Lot size

0.45 acres

Price per sq ft

$218

Year built

2004

Annual property taxes

$19,861

Monthly HOA fee

$291.67

Price History

06/20/2024
Houston

Houston #82850578

Price change
$1,325,000
-1.12%
06/17/2024
Houston

Houston #82850578

Listed
$1,340,000
06/16/2024
Houston

Houston #82850578

Removed

Schools & Community

Elementary school: 

BRILL ELEMENTARY SCHOOL

Middle school: 

KLEB INTERMEDIATE SCHOOL

High school: 

KLEIN HIGH SCHOOL

School district: 

Klein

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

$314,582
Asking price
$1,325,000
Closing costs (~8% of asking)
-$106,000
Est. remaining loan balance
-$904,418
Cash to seller
$314,582

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

Seller’s Loan History

Lender

Bbva Usa

Loan start date

May 2021

Original loan amount

$967,392

Est. remaining balance

$904,418

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Labaron Thomas Washington

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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11 Lake Sterling Gate Dr, Spring, TX 77379

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16618 Cougar Falls Ct, Spring, TX 77379

Status: Active

Tomo last checked: 07/07/2024 at 7:20 PM

Listing updated: 06/20/2024 at 7:33 AM

Listed by: Valery Smith-Blank, RE/MAX Integrity Phone #: (281) 370-5100

MLS: Houston #82850578

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