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$285,000

Beds
2
Baths
3.0
sq ft
1,546

651 Bering Dr Unit 1601, Houston, TX 77057

651 Bering Dr Unit 1601

Houston, TX 77057

  • 61 days on market
    • Price drop $15,000↓
Majestic views from this 2 bedroom 2 bath Tanglewood high-rise condominium. A corner unit on 16th floor offers upgraded kitchen with natural light from large window over kitchen sink with view. Open living/dining area with balcony. Generous size master suite, expansive master closet. Secondary bedroom also east facing with views. Both bedrooms have bay windows and plantation shutters. Timeless brick floor in entry, living, dining and kitchen. Amenities include 24 hour concierge, swimming pool, tennis courts, party room, well maintained grounds and friendly staff! Perfectly located across from Tanglewood Park with jogging track, playground and dog park. Parking spaces A49 and A50, both accessible to EV charging outlet. Separate storage unit across hall from unit on floor 16 with an additional 70sf.

Details

Property type

Condominium

Est. home value

$279,716

Lot size

Unknown

Price per sq ft

$185

Year built

1983

Annual property taxes

$4,322

Monthly HOA fee

$1,200

Price History

09/13/2024
Houston

Houston #16703091

Price change
$285,000
-5%
08/05/2024
Houston

Houston #16703091

Listed
$300,000
01/08/2020
Houston

Houston #10849390

Removed

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

$120,550
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$141,650
Cash to seller
$120,550

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

January 2020

Original loan amount

$192,000

Est. remaining balance

$141,650

Interest rate

3.15%

Loan type

New Conventional, 15 year

Seller

Craig B Shumaker

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?

Status: Active

Tomo last checked: 10/05/2024 at 10:25 AM

Listing updated: 09/13/2024 at 5:12 PM

Listed by: Jennifer Gangeri, Martha Turner Sotheby's International Realty Phone #: (713) 520-1981

MLS: Houston #16703091

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