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$546,106Estimated home value

Beds
3
Baths
1.5
sq ft
1,076

4705 Gibson St, Houston, TX 77007

4705 Gibson St

Houston, TX 77007

  • Sold On 5/2/2024
    • Price drop $25,000↓
Ideal Lot for new construction. Charming bungalow in a desirable location within blocks of the Washington Corridor, restaurants, and shopping. Ideal for a buyer looking to update or build new construction. This 2 or 3-bedroom, 1.5-bath home with an inviting front porch has hardwoods throughout, a spacious kitchen, and a large private fenced backyard. **per seller: House was re-piped Jan. 2016 with PEX, new service main. Updated Bathroom with clawfoot tub.

Details

Property type

Single Family Residence

Est. home value

$546,106

Lot size

Unknown

Price per sq ft

$465

Year built

1930

Annual property taxes

$8,351

Price History

03/04/2025
Houston

Houston #30846579

Removed
02/13/2025
Houston

Houston #30846579

Price change
$1,249,000
-2.8%
01/14/2025
Houston

Houston #30846579

Listed
$1,285,000

Schools & Community

Neighborhood: 

Washington Avenue Coalition - Memorial Park

Elementary school: 

MEMORIAL ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

HOGG MIDDLE SCHOOL (HOUSTON)

High school: 

HEIGHTS HIGH SCHOOL

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

$282,252
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$177,748
Cash to seller
$282,252

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

Seller’s Loan History

Lender

Cornerstone Mortgage Co

Loan start date

December 2009

Original loan amount

$266,000

Est. remaining balance

$177,748

Interest rate

4.91%

Loan type

New Conventional, 30 year

Seller

Rachel H Baker

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: Off Market

Tomo last checked: 04/04/2025 at 12:05 AM

Listing updated: 05/02/2024 at 8:32 PM

Listed by: Julie Wolf, The Reyna Group Phone #: (713) 868-9300

MLS: Houston #69530618

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