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$428,000

Beds
3
Baths
2.0
sq ft
1,032

5239 Kiam St, Houston, TX 77007

5239 Kiam St

Houston, TX 77007

  • 304 days on market
    • Price drop $2,000↓
Terrific building site for builders to build THREE NEW Constructions.! 5,350 square foot (HCAD) corner lot in the rising Cottage Grove subdivision. This lot can be replat and put three units on it. Priced at Lot Value Only. This property NEVER Flooded and is close to everything, Downtown, Memorial Park, Galleria and much more! Please come to walk the property, existing home will not be shown. Buyer will need to obtain their own survey. Listing agent happy to answer any questions! Fantastic opportunity. *Owner Agent*

Details

Property type

Single Family Residence

Est. home value

$438,737

Lot size

5,349 sq ft

Price per sq ft

$415

Year built

1940

Annual property taxes

$7,981

Price History

03/08/2024
Houston

Houston #27082913

Price change
$428,000
02/21/2024
Houston

Houston #40209449

Removed
02/21/2024
Houston

Houston #27082913

Listed
$430,000

Schools & Community

Neighborhood: 

Washington Avenue Coalition - Memorial Park

Elementary school: 

LOVE ELEMENTARY SCHOOL

Middle school: 

HOGG MIDDLE SCHOOL (HOUSTON)

High school: 

WALTRIP 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

$291,525
Asking price
$428,000
Closing costs (~8% of asking)
-$34,240
Est. remaining loan balance
-$102,235
Cash to seller
$291,525

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

Seller’s Loan History

Lender

Mb Financial Bank Na

Loan start date

January 2015

Original loan amount

$260,000

Est. remaining balance

$102,235

Interest rate

3.17%

Loan type

New Conventional, 15 year

Seller

Senhong Lai

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 10:00 AM

Listing updated: 03/08/2024 at 8:17 PM

Listed by: Senhong Lai, NB Elite Realty Phone #: (844) 444-6237

MLS: Houston #27082913

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