tomo logo

$579,900

Beds
4
Baths
3.5
sq ft
3,340

5807 Serrano Terrace Ln, Houston, TX 77041

5807 Serrano Terrace Ln

Houston, TX 77041

  • 8 days on market
Welcome to Your Dream Home With Resort-Style Living in a Guarded/Gated Community! Move-in ready home built by Village Builders featuring 4 beds, 3.5 baths, & a 3-car tandem garage. Enjoy resort-style amenities with 7 lakes, 2 pools, 2 tennis courts, playgrounds, fitness center, banquet facility, volleyball court, & splash pad. This home offers an open-concept design with tile and bamboo flooring, soaring ceilings, recessed lighting, & crown molding. Primary bedroom is on the first floor, with 3 bedrooms and game room upstairs. Updates in 2021 - renovated kitchen and primary bath, new water heaters, exterior/interior paint, re-sealed patio flagstone, & new secondary bathtub with tile surround. Upstairs AC was replaced in 2022,Roof Replaced in May 2024,and Partial Fence Replacement In May 2024. Bus service to Awty, The Village School and The British International School. Quick access to Beltway 8, I-10, 290, City Center, Bear Creek Park, & Energy Corridor. Schedule to see today!

Details

Property type

Single Family Residence

Est. home value

$587,221

Lot size

8,943 sq ft

Price per sq ft

$174

Year built

2003

Annual property taxes

$10,576

Monthly HOA fee

$171

Price History

06/27/2024
Houston

Houston #48405291

Listed
$579,900
03/26/2021
Houston

Houston #22270054

Removed

Schools & Community

Elementary school: 

KIRK ELEMENTARY SCHOOL

Middle school: 

TRUITT MIDDLE SCHOOL

High school: 

CYPRESS RIDGE HIGH SCHOOL

Community features: 

Tennis Court(s)

School district: 

Cypress-Fairbanks

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

$281,490
Asking price
$579,900
Closing costs (~8% of asking)
-$46,392
Est. remaining loan balance
-$252,018
Cash to seller
$281,490

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$271,920

Est. remaining balance

$252,018

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Meera Raval and Jeffrey Deters

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 10:25 PM

Listing updated: 06/27/2024 at 11:13 AM

Listed by: Raj Thakrar, REALM Real Estate Professionals - West Houston Phone #: (281) 870-0000

MLS: Houston #48405291

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