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$1,540,000

Beds
4
Baths
3.5
sq ft
4,479

5665 Pine Forest Rd, Houston, TX 77056

5665 Pine Forest Rd

Houston, TX 77056

  • 4 days on market
This spacious Tanglewood Two story home is situated on a large corner lot with a gated motor court and a circle driveway . This home has been torn down to the studs, and is ready for a major remodel or it could be torn down for New Construction. There is lots of new construction in the Neighborhood. Beautiful Huge Live oak trees adorn this lot, which must be saved no doubt. It has an existing Gunite in ground pool that can be fully operational. Seller will look at all reasonable offers.

Details

Property type

Single Family Residence

Est. home value

$1,427,325

Lot size

0.54 acres

Price per sq ft

$344

Year built

1973

Annual property taxes

$18,841

Monthly HOA fee

$202.08

Price History

06/28/2024
Houston

Houston #42496366

Listed
$1,540,000
12/27/2023
Houston

Houston #90874670

Removed
10/28/2023
Houston

Houston #90874670

Pending
$1,230,000

Schools & Community

Neighborhood: 

Greater Uptown

Elementary school: 

BRIARGROVE ELEMENTARY SCHOOL

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

$441,233
Asking price
$1,540,000
Closing costs (~8% of asking)
-$123,200
Est. remaining loan balance
-$975,567
Cash to seller
$441,233

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

Seller’s Loan History

Lender

Ameritrust Mortgage Corp

Loan start date

December 2023

Original loan amount

$980,000

Est. remaining balance

$975,567

Interest rate

7.5%

Loan type

New Conventional, 30 year

Seller

Anthony Fasanella and Rhonda Sandel

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: 07/03/2024 at 10:45 AM

Listing updated: 07/01/2024 at 5:14 PM

Listed by: Mark Bonning, Bonning Real Estate Phone #: (281) 304-9727

MLS: Houston #42496366

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