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$445,000

Beds
4
Baths
2.5
sq ft
2,728

5707 Lotus, Magnolia, TX 77354

5707 Lotus

Magnolia, TX 77354

  • 22 days on market
Meticulously Maintained and Move-In ready! This Westwood beauty features 4 Bedrooms, 2.5 Baths, Formal Dining room, Gameroom upstairs, and a 3 Car Garage. This almost 1/2 acre lot allows plenty of room for kids and pets to run and play, or build the pool and outdoor kitchen of your dreams and boasts a 27x8 covered back patio. The open concept floor plan is perfect for entertaining and daily life. The Kitchen features abundant cabinets and counter space, 5 burner Gas cooktop w/downdraft, walk-in pantry, breakfast bar, and newer convection oven. The light and bright family room offers relaxing views of the backyard and an easy to use Gaslog Fireplace for those cool Texas evenings. This home also includes a whole house vacuum system and tons of storage! Ideal location- close to shopping, restaurants, and medical. Minutes to The Woodlands. Low taxes, No flooding, Double pane windows for energy efficiency and aerobic septic system.

Details

Property type

Single Family Residence

Est. home value

$465,233

Lot size

0.46 acres

Price per sq ft

$164

Year built

2001

Annual property taxes

$6,692

Monthly HOA fee

$15.75

Price History

11/30/2024
Houston

Houston #48742388

Listed
$445,000
12/04/2019
Houston

Houston #57729723

Removed

Schools & Community

Elementary school: 

TOM R. ELLISOR ELEMENTARY SCHOOL

Middle school: 

BEAR BRANCH JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA HIGH SCHOOL

School district: 

Magnolia

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

$109,522
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$299,878
Cash to seller
$109,522

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$320,000

Est. remaining balance

$299,878

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Gerri L Kendall

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: 12/22/2024 at 4:50 AM

Listing updated: 11/30/2024 at 3:28 PM

Listed by: Julie Shalloup, CB&A, Realtors Phone #: (832) 678-4770

MLS: Houston #48742388

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