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$450,000

Beds
3
Baths
3.5
sq ft
3,016

5631 Avalon Way, Houston, TX 77057

5631 Avalon Way

Houston, TX 77057

  • 11 days on market
This 3 bed/4 bath secluded haven is nestled in a secure gated community, just moments away from the vibrant Galleria area. The expansive home is located on a corner lot & has a private backyard. The 1st floor is an entertainer's dream, featuring hardwood floors, a gas fireplace, and a spacious formal dining room. The chef's kitchen is equipped w/ a gas cooktop, granite countertops, and a large pantry, while the adjacent breakfast nook offers a cozy spot for casual dining. Upstairs, discover 3 bedrooms, including a sunlit primary suite w/ a walk-in shower, whirlpool tub and a sizable walk-in closet. The 3rd floor presents a versatile space ideal for a game room or additional bedroom, complete w/ a full bathroom. Additional highlights include high ceilings adorned w/ crown molding, energy-efficient LED lighting, and stylish plantation shutters. Located just minutes from Downtown, the Galleria, the Medical Center, and major freeways, this serene retreat offers both luxury and convenience.

Details

Property type

Single Family Residence

Est. home value

$464,505

Lot size

2,269 sq ft

Price per sq ft

$150

Year built

2000

Annual property taxes

$9,147

Monthly HOA fee

$225

Price History

06/24/2024
Houston

Houston #39958929

Removed
06/24/2024
Houston

Houston #11720584

Listed
$450,000
-5.26%
05/06/2024
Houston

Houston #39958929

Listed
$475,000

Schools & Community

Neighborhood: 

Woodlake - Briarmeadow

Elementary school: 

SCHOOL AT ST GEORGE PLACE

Middle school: 

TANGLEWOOD MIDDLE SCHOOL

High school: 

WISDOM HIGH SCHOOL

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

$205,691
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$208,309
Cash to seller
$205,691

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

August 2019

Original loan amount

$230,000

Est. remaining balance

$208,309

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Karl O Sherman and Melissa L Sherman

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: 07/05/2024 at 8:35 PM

Listing updated: 06/30/2024 at 4:13 PM

Listed by: Kyla Phung Linn, Compass RE Texas, LLC - Houston Phone #: (832) 899-4788

MLS: Houston #11720584

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