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$2,650,000

Beds
3
Baths
1.5
sq ft
1,248

5418 Arthington St, Houston, TX 77053

5418 Arthington St

Houston, TX 77053

  • 370 days on market
PROPERTY IS LOTS 7, 8, 9, 10 OF BLOCK 24 IN MAYFAIR PARK, IN FORT BEND COUNTY, TEXAS. PROPERTY IS FOUR (4) ADJACENT COMMERCIAL LOTS, SOLD TOGETHER, APPROXIMATELY 1.0766 ACRES.

Details

Property type

Single Family Residence

Est. home value

$166,129

Lot size

0.23 acres

Price per sq ft

$2,124

Year built

1960

Annual property taxes

$3,268

Price History

11/10/2023
Houston

Houston #89000774

Listed
$2,650,000

Schools & Community

Neighborhood: 

Fort Bend - Houston

Elementary school: 

RIDGEGATE ELEMENTARY SCHOOL

Middle school: 

MCAULIFFE MIDDLE SCHOOL

High school: 

WILLOWRIDGE HIGH SCHOOL

School district: 

Fort Bend

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

$2,413,949
Asking price
$2,650,000
Closing costs (~8% of asking)
-$212,000
Est. remaining loan balance
-$24,051
Cash to seller
$2,413,949

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

Seller’s Loan History

Lender

Jefferson Heritage Bank

Loan start date

January 2001

Original loan amount

$57,000

Est. remaining balance

$24,051

Interest rate

7.65%

Loan type

Not Provided, 30 year

Seller

Leopoldo Fraga Jr

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?

Status: Active

Tomo last checked: 11/15/2024 at 9:25 AM

Listing updated: 10/28/2024 at 11:33 AM

Listed by: Leopoldo Fraga, Realty International WorldwideRealty International Worldwide Phone #: (281) 438-6768

MLS: Houston #89000774

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