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$500,000

Beds
5
Baths
3.5
sq ft
2,976

506 Sancroft Ct, Katy, TX 77450

506 Sancroft Ct

Katy, TX 77450

  • 69 days on market
    • Price drop $15,000↓
Zoned to Katy-ISD exemplary school district. This home offers a unique open floor plan with tile and hardwood floors. 5 bedrooms with 3.5 baths. Kitchen with granite countertops, modern light fixtures, and a huge backyard with a pool and deck. The original garage was converted into a huge game room and a 2-car garage was added from driveway space. All windows were replaced in 2022. The backyard fence was replaced in January 2024 and a new water heater was installed in April.

Details

Property type

Single Family Residence

Est. home value

$418,328

Lot size

8,398 sq ft

Price per sq ft

$169

Year built

1975

Annual property taxes

$8,402

Monthly HOA fee

$25

Price History

10/04/2024
Houston

Houston #60500946

Price change
$500,000
-2.91%
09/06/2024
Houston

Houston #60500946

Listed
$515,000
08/26/2024
Houston

Houston #54710082

Removed

Schools & Community

Elementary school: 

NOTTINGHAM COUNTRY ELEMENTARY SCHOOL

Middle school: 

MEMORIAL PARKWAY JUNIOR HIGH SCHOOL

High school: 

TAYLOR HIGH SCHOOL (KATY)

School district: 

Katy

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

$211,201
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$248,799
Cash to seller
$211,201

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

Seller’s Loan History

Lender

First Mortgage Solutions Llc

Loan start date

March 2022

Original loan amount

$262,500

Est. remaining balance

$248,799

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Gerardo Cedillo

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: 11/15/2024 at 6:45 PM

Listing updated: 10/27/2024 at 3:08 PM

Listed by: Blanca Rendon, Keller Williams Memorial Phone #: (713) 461-9393

MLS: Houston #60500946

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