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$314,000

Beds
4
Baths
2.5
sq ft
2,748

5202 Summerfield Ln, Spring, TX 77379

5202 Summerfield Ln

Spring, TX 77379

  • 175 days on market
    • Price drop $26,000↓
ANOTHER MASSIVE PRICE REDUCTION - MOTIVATED SELLER, BRING ALL OFFERS - Now an even better value! FOR SALE OR TRADE* Don’t miss this beautiful Champions area home located in Terranova in the prestigious Klein school district. This roomy four-bedroom home sits on a peaceful 13,890 sqft. cul-de-sac lot, no through traffic. Enjoy the large fireplace adorned family room, formal dining and living rooms, airy bedrooms and a sprawling upstairs game room perfect for family fun and guests. The roof is four years young with freshly laid upstairs carpet. The spacious first floor primary bedroom, has a private ensuite, providing a peaceful retreat. Enjoy a vast, fenced backyard and an expansive covered patio with ample room for pets and children to play freely. Just minutes away is premier healthcare facilities and vibrant shopping in The Woodlands and Willowbrook, everything you need is close by. EVERYDAY OPEN HOUSE-CALL FOR TIMES *certain conditions apply. Virtual staging.

Details

Property type

Single Family Residence

Est. home value

$310,030

Lot size

0.32 acres

Price per sq ft

$115

Year built

1976

Annual property taxes

$5,037

Monthly HOA fee

$55

Price History

10/09/2024
Houston

Houston #98476413

Price change
$314,000
-7.65%
09/09/2024
Houston

Houston #98476413

Price change
$340,000
-2.86%
09/04/2024
Houston

Houston #98476413

Price change
$350,000
-4.11%

Schools & Community

Elementary school: 

BENFER ELEMENTARY SCHOOL

Middle school: 

STRACK 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

$103,501
Asking price
$314,000
Closing costs (~8% of asking)
-$25,120
Est. remaining loan balance
-$185,379
Cash to seller
$103,501

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

Seller’s Loan History

Lender

Swbc Mortgage Corp

Loan start date

December 2020

Original loan amount

$203,700

Est. remaining balance

$185,379

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Emerson A Cortez and Pamela A Gallegos

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 7:40 PM

Listing updated: 12/06/2024 at 11:13 AM

Listed by: Gary Evans, Evans Realty Group Phone #: (832) 721-0442

MLS: Houston #98476413

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