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$1,449,000

Beds
Unknown
sq ft
4,460

5000 Montrose Blvd Unit 21A, Houston, TX 77006

5000 Montrose Blvd Unit 21A

Houston, TX 77006

  • 143 days on market
    • Price drop $100,000↓
5000 Montrose Unit 21A is a unique opportunity to own a penthouse in the highly sought after Museum District. The expensive and time-consuming process of demolition has been completed. The possibilities in this blank space are endless. Two units were combined to create an expansive 4,460 square feet (per appraisal). The three terraces and substantial windows provide panoramic, 270-degree views of the Medical Center, Hermann Park, downtown and the Galleria. The location is within close proximity to Houston’s best museums, Hermann Park, Rice University and near the Medical Center and downtown. The unit comes with four parking spaces and building amenities that include concierge, porter, valet, party room, pool and in-house gym. Your future custom penthouse awaits! All info per Seller.

Details

Property type

Condominium

Est. home value

$1,143,002

Lot size

Unknown

Price per sq ft

$325

Year built

1982

Annual property taxes

$18,838

Monthly HOA fee

$4,546

Price History

11/26/2024
Houston

Houston #25725351

Price change
$1,449,000
-6.46%
08/01/2024
Houston

Houston #25725351

Listed
$1,549,000
05/14/2021
Houston

Houston #58357123

Removed

Schools & Community

Neighborhood: 

University Place

Elementary school: 

POE ELEMENTARY SCHOOL

Middle school: 

LANIER MIDDLE SCHOOL

High school: 

LAMAR HIGH SCHOOL (HOUSTON)

School district: 

Houston

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Frost Bank

Loan start date

August 2021

Original loan amount

$355,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Building or Construction Loan

Seller

Anthony Charles Bradfield

Lender

Frost Bank

Loan start date

May 2021

Original loan amount

$131,750

Est. remaining balance

Not provided

Interest rate

2.45%

Loan type

Purchase Money Mortgage, 15 year

Seller

Anthony Charles Bradfield

Lender

Cornerstone Home Lending Inc

Loan start date

May 2021

Original loan amount

$548,250

Est. remaining balance

$506,700

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Anthony Charles Bradfield

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: 12/22/2024 at 3:35 PM

Listing updated: 11/26/2024 at 12:08 PM

Listed by: Colleen Sherlock, Greenwood King Properties - Kirby Office Phone #: (713) 524-0888

MLS: Houston #25725351

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