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$630,000

Beds
3
Baths
2.5
sq ft
2,313

516 Peden St, Houston, TX 77006

516 Peden St

Houston, TX 77006

  • 7 days on market
This stunning, recently built free-standing home is steps away from all Montrose has to offer. This two story home has an open and spacious floorplan featuring large windows with plantation shutters throughout the house, a rare private driveway, and first floor living! Upon entry, you are greeted by a beautifully designed kitchen with Bosch appliances, high ceilings and hardwood floors which flow into the living areas. The large primary bedroom features a private balcony to lounge on beautiful days, a large closet, and even a skylight in the primary bathroom. This home also highlights a private patio in the backyard along with recently installed turf for easy year round maintenance. Buffalo bayou trail and montrose collective is just a short walk away. Enjoy all the amenities Montrose has to offer along with NO HOA! Make this home yours today!

Details

Property type

Single Family Residence

Est. home value

$631,424

Lot size

Unknown

Price per sq ft

$273

Year built

2017

Annual property taxes

$12,810

Price History

11/06/2024
Houston

Houston #78159837

Listed
$630,000

Schools & Community

Neighborhood: 

Neartown - Montrose

Elementary school: 

WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY

Middle school: 

GREGORY-LINCOLN 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

$284,579
Asking price
$630,000
Closing costs (~8% of asking)
-$50,400
Est. remaining loan balance
-$295,021
Cash to seller
$284,579

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2018

Original loan amount

$339,900

Est. remaining balance

$295,021

Interest rate

3.99%

Loan type

New Conventional, 30 year

Seller

Monti Harpalani and Reena A Patel

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: 11/13/2024 at 9:15 PM

Listing updated: 11/10/2024 at 2:08 PM

Listed by: Matt Harpalani, Apex Brokerage, LLC Phone #: (832) 685-2739

MLS: Houston #78159837

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