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$568,000

Beds
4
Baths
3.0
sq ft
2,931

5550 Fairfield Ln, Pasadena, TX 77505

5550 Fairfield Ln

Pasadena, TX 77505

  • 5 days on market
Located at 5550 Fairfield Lane, this inviting home offers a blend of comfort and convenience. Boasting four bedrooms and three full bathrooms, the residence is thoughtfully designed to provide a welcoming living experience. Upon entering, you'll be greeted by a spacious den and bright living room with cozy fireplace. The kitchen, seamlessly connected to the living space, features modern amenities, an island, and a breakfast bar. Tile floors, white counters, and cabinets adorn the bathrooms, combining functionality with a timeless aesthetic. The huge primary bedroom has a sitting area and en-suite bathroom. The home's design extends to the outdoors, with a covered patio in the backyard providing an ideal space for relaxation or entertaining. Conveniently situated near I-45 and Sam Houston Tollway, this residence offers easy access to major transportation routes, ensuring a seamless connection to surrounding amenities, shopping centers, and entertainment options.

Details

Property type

Single Family Residence

Est. home value

$536,446

Lot size

9,239 sq ft

Price per sq ft

$194

Year built

2022

Annual property taxes

$1,926

Monthly HOA fee

$75

Price History

09/30/2024
Houston

Houston #36307513

Listed
$568,000
05/30/2023
Houston

Houston #55238926

Removed

Schools & Community

Elementary school: 

JP DABBS ELEMENTARY SCHOOL

Middle school: 

FAIRMONT JUNIOR HIGH SCHOOL

High school: 

DEER PARK HIGH SCHOOL

School district: 

Deer Park

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

$101,735
Asking price
$568,000
Closing costs (~8% of asking)
-$45,440
Est. remaining loan balance
-$420,825
Cash to seller
$101,735

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

Seller’s Loan History

Lender

K Hovnanian American Mortgage Llc

Loan start date

May 2023

Original loan amount

$427,550

Est. remaining balance

$420,825

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Christian Ivan Mendoza

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: 10/05/2024 at 11:30 PM

Listing updated: 10/01/2024 at 4:03 AM

Listed by: Mohamad Darwich, NB Elite Realty Phone #: (844) 444-6237

MLS: Houston #36307513

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