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$200,000

Beds
4
Baths
2.0
sq ft
1,612

5530 Malmedy Rd, Houston, TX 77033

5530 Malmedy Rd

Houston, TX 77033

  • 62 days on market
    • Price drop $12,000↓
Welcome Home! The 2022 renovated property has 4 bedrooms and 2 full bathrooms, with an open kitchen to the family room layout, ideal for comfortable living. The spacious bedrooms and interior make it perfect for a family home or investment opportunity. Selling AS IS, this home features 1612 square feet of living space, a large backyard for entertaining, and is located at 5530 Malmedy. Don't miss out on this investment opportunity! Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$221,265

Lot size

5,828 sq ft

Price per sq ft

$125

Year built

1955

Annual property taxes

$4,339

Price History

11/01/2024
Houston

Houston #53222044

Price change
$200,000
-5.66%
10/10/2024
Houston

Houston #53222044

Price change
$212,000
-3.2%
09/20/2024
Houston

Houston #53222044

Listed
$219,000

Schools & Community

Neighborhood: 

South Park

Elementary school: 

KELSO ELEMENTARY SCHOOL

Middle school: 

ATTUCKS MIDDLE SCHOOL

High school: 

STERLING 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

$13,552
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$170,448
Cash to seller
$13,552

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

May 2022

Original loan amount

$177,650

Est. remaining balance

$170,448

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Justin Mahoney and Julian Copeland

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: 11/22/2024 at 7:50 AM

Listing updated: 11/01/2024 at 8:33 AM

Listed by: Elizabeth Hill, Better Homes and Gardens Real Estate Gary Greene - Lake Houston Phone #: (832) 445-0408

MLS: Houston #53222044

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