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$215,000

Beds
1
Baths
1.0
sq ft
890

705 Main St Unit 317, Houston, TX 77002

705 Main St Unit 317

Houston, TX 77002

  • 47 days on market
    • Price drop $10,000↓
Welcome to 705 Main Street #317 in the historic St. Germain building. This loft style studio is perfect for downtown living in the heart of Houston! Come in & find high industrial ceilings, polished concrete floors, exposed brick, & windows w/downtown views. The kitchen has new SS appliances, sleek cabinetry w/glass inlays, & smart storage to keep the space uncluttered. The bedroom area has a walk-in closet w/custom cabinetry. The living room area has built-in shelving w/industrial detailing. Your bathroom has a walk-in shower, granite counters, room for full-size washer & dryer, & a statement wall of built-in art! The St. Germain building was previously the SH Kress & Company building. Converted to residential lofts in 2000, the building perfectly blends historical architecture w/modern design. Amenities include billiards room, gym, rooftop deck, concierge, & assigned parking. Located in front of the MetroRail for easy access to The Medical Center, Eado, & the Museum District.

Details

Property type

Condominium

Est. home value

$232,261

Lot size

Unknown

Price per sq ft

$242

Year built

1921

Annual property taxes

$4,136

Monthly HOA fee

$679

Price History

06/22/2024
Houston

Houston #12250649

Price change
$215,000
-4.44%
05/16/2024
Houston

Houston #12250649

Listed
$225,000
09/27/2019
Houston

Houston #64520362

Removed

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

GREGORY-LINCOLN ELEMENTARY SCHOOL

Middle school: 

GREGORY-LINCOLN MIDDLE SCHOOL

High school: 

NORTHSIDE 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

$43,271
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$154,529
Cash to seller
$43,271

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

Seller’s Loan History

Lender

K&G Capital Mortgage Llc

Loan start date

September 2019

Original loan amount

$170,935

Est. remaining balance

$154,529

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

George Huddleston Iv

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: 07/03/2024 at 11:20 AM

Listing updated: 06/22/2024 at 2:58 PM

Listed by: Brandon Scott, Keller Williams Premier Realty Phone #: (281) 220-2100

MLS: Houston #12250649

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