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$385,000

Beds
4
Baths
2.5
sq ft
3,120

5638 Council Grove Ln, Houston, TX 77088

5638 Council Grove Ln

Houston, TX 77088

  • 74 days on market
    • Price drop $40,000↓
Welcome to one of the most remarkable homes in Inwood Forest - 5838 Council Grove, which is recognized as one of the most serene and intimate streets in the community. Its striking curb appeal and prime location make it a true gem. As you explore from the welcoming front entrance to the expansive backyard, you’ll quickly see why this property is so special. Nestled on a generous 15,400 sqft lot, this home offers boundless possibilities for creating your dream outdoor retreat—be it a pool, garden, treehouse, or a combination of all three. This property is ideal for a savvy investor or a homeowner ready to transform it into their dream home. Featuring 4 bedrooms, 2.5 bathrooms, a study, and a sunroom, the potential is truly limitless. Additionally, the Houston Parks Board is in the early stages of enhancing the nearby green space into a vibrant park for residents to enjoy. Schedule your appointment today! The popular Our Savior Lutheran School is just 3 miles away. **HOME SOLD AS-IS**

Details

Property type

Single Family Residence

Est. home value

$398,053

Lot size

0.35 acres

Price per sq ft

$124

Year built

1974

Annual property taxes

$8,793

Monthly HOA fee

$25.83

Price History

10/02/2024
Houston

Houston #77171693

Listed
$385,000
10/02/2024
Houston

Houston #77171693

Removed
09/18/2024
Houston

Houston #77171693

Price change
$425,000
-5.56%

Schools & Community

Neighborhood: 

Greater Inwood

Elementary school: 

CARAWAY ELEMENTARY SCHOOL (ALDINE)

Middle school: 

HOFFMAN MIDDLE SCHOOL

High school: 

EISENHOWER HIGH SCHOOL

School district: 

Aldine

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

$81,064
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$273,136
Cash to seller
$81,064

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$294,500

Est. remaining balance

$273,136

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Lydia Christopher and Sauviz Tabatabai

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: 11/05/2024 at 10:25 AM

Listing updated: 11/04/2024 at 9:53 AM

Listed by: Katharine Nichols, Lemon Grove Realty Phone #: (832) 618-8837

MLS: Houston #77171693

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