tomo logo

$475,000

Beds
4
Baths
3.5
sq ft
2,536

5825 Lavaca Ln, Manvel, TX 77578

5825 Lavaca Ln

Manvel, TX 77578

  • 68 days on market
    • Price drop $10,000↓
Welcome to this move-in ready Chesmar Home on an oversized corner lot. This stunning single-story home boasts 4 bedrooms, 3.5 bathrooms, a study, and a spacious 3-car garage. Step into the heart of this home, the oversized great room, where an expansive island kitchen, and spacious casual dining area, await beneath an impressive, oversized beam. Retreat to the primary suite, a sanctuary, featuring a soaking tub, dual vanities, a walk-in shower, and not one, but two large walk-in closets, ensuring ample storage. Luxurious touches abound throughout, from the upgraded wood tile flooring to the 2-inch blinds, security system, and sprinkler system. Extend your living space outdoors with an extended concrete patio and upgraded fence that is fully stained. Every detail has been meticulously crafted for a seamless blend of sophistication and functionality. Welcome home to a lifestyle of luxury and ease in Meridiana.

Details

Property type

Single Family Residence

Est. home value

$489,945

Lot size

0.24 acres

Price per sq ft

$188

Year built

2022

Annual property taxes

$11,873

Monthly HOA fee

$87.5

Price History

07/03/2024
Houston

Houston #25217159

Price change
$475,000
-2.06%
05/30/2024
Houston

Houston #25217159

Price change
$485,000
-2.98%
05/01/2024
Houston

Houston #25217159

Listed
$499,900

Schools & Community

Elementary school: 

MERIDIANA ELEMENTARY SCHOOL

Middle school: 

CAFFEY JUNIOR HIGH SCHOOL

High school: 

IOWA COLONY HIGH SCHOOL

School district: 

Alvin

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

$194,644
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$242,356
Cash to seller
$194,644

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

Seller’s Loan History

Lender

Clm Mortgage Inc

Loan start date

January 2023

Original loan amount

$246,440

Est. remaining balance

$242,356

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Sharon Lynn Thayer and Glynn Dee Sissell

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: 07/08/2024 at 5:20 PM

Listing updated: 07/03/2024 at 4:31 PM

Listed by: Christopher Boyles, CB Realty Phone #: (832) 581-3661

MLS: Houston #25217159

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