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$285,000

Beds
3
Baths
2.0
sq ft
1,752

5318 Cortelyou Ln, Houston, TX 77021

5318 Cortelyou Ln

Houston, TX 77021

  • 136 days on market
    • Price drop $20,000↓
The absolutely cutest Ranch home in the absolute best location in Houston! McGregor Park Terrace is a boutique subdivision of ranch and Mid-century Modern homes located along the Metro Rail, across the street from McGregor Park, between 2 major freeways (45S and 288), a 5 minute drive and 15 minute walk to University of Houston and Texas Southern University and a 15 minute train ride away from the Med Center and Downtown....this location cannot be beat. Wood floors and natural light flow through this well-maintained home with 9' ceilings and updated appliances. The front of the home is for entertaining, with a formal living and dining room combo. Off the kitchen is the family room with a large patio. The Primary Suite is secluded off the family room with a nice view looking into the yard. First suites are in their own hallway. LOW TAXES, INNER LOOP, & AFFORDABLE. This is a one in a life opportunity to own at this price in Houston's growing metropolis, before prices skyrocket!

Details

Property type

Single Family Residence

Est. home value

$235,167

Lot size

6,382 sq ft

Price per sq ft

$163

Year built

1955

Annual property taxes

$4,334

Price History

06/23/2024
Houston

Houston #52306684

Price change
$285,000
-6.56%
05/21/2024
Houston

Houston #52306684

Listed
$305,000

Schools & Community

Neighborhood: 

Ost - South Union

Elementary school: 

PECK ELEMENTARY SCHOOL

Middle school: 

CULLEN MIDDLE SCHOOL (HOUSTON)

High school: 

YATES HIGH SCHOOL

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

Citibank Fsb

Loan start date

June 2005

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

5.36%

Loan type

Credit Line (Revolving), 10 year

Seller

Betty M Sarpy

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: 10/04/2024 at 8:30 PM

Listing updated: 07/03/2024 at 1:54 PM

Listed by: Karen Wells, RE/MAX Premier Properties Phone #: (713) 231-3300

MLS: Houston #52306684

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