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$550,000

Beds
3
Baths
2.5
sq ft
2,288

5508 Crooms St, Houston, TX 77007

5508 Crooms St

Houston, TX 77007

  • 51 days on market
    • Price drop $30,000↓
Come take a look at this modern Midtown townhome! This stunning 3 bedroom, 2.5 bathroom, rental is your perfect home. The furnishings can be included in the rental, or removed according to your personal preference. Newly stained concrete flooring on the first floor. The first-floor kitchen features gorgeous granite counters, gas cooking, updated appliances, and outdoor views to top it all off! The 3 bedrooms are all on the upper floor, followed by a large flex room, perfect for use as a study/home office. The primary bedroom features a spacious walk-in closet, garden tub, and walk-in shower. And with the large patio and living room areas, this house is just designed for entertaining and wow-ing guests! Don’t pass up this opportunity!

Details

Property type

Single Family Residence

Est. home value

$506,578

Lot size

2,500 sq ft

Price per sq ft

$241

Year built

2005

Price History

09/17/2024
Houston

Houston #64917505

Price change
$550,000
-5.17%
08/08/2024
Houston

Houston #64917505

Listed
$580,000
07/24/2024
Houston

Houston #8318024

Removed

Schools & Community

Neighborhood: 

Washington Avenue Coalition - Memorial Park

Elementary school: 

MEMORIAL ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

HOGG MIDDLE SCHOOL (HOUSTON)

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

$90,288
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$415,712
Cash to seller
$90,288

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2021

Original loan amount

$444,125

Est. remaining balance

$415,712

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Mohammadreza Atapour and Andrew Joseph Polenchar

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: 09/28/2024 at 11:25 PM

Listing updated: 09/17/2024 at 9:02 AM

Listed by: Patricia Brand, Keller Williams Memorial Phone #: (713) 461-9393

MLS: Houston #64917505

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