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$178,000

Beds
1
Baths
1.0
sq ft
557

705 Main St Unit 511, Houston, TX 77002

705 Main St Unit 511

Houston, TX 77002

    DOWNTOWN STUDIO with light rail and downtown tunnel access nearby is Urban Living at its best! Historic St. Germain's gorgeous art-deco building features a secure lobby with a concierge doorman, private gated garage parking, a recreation room with comfortable seating that can be rented out for private events, and includes a pool table, a bar with stools, and workout gym plus an outdoor rooftop deck to enjoy BBQing! This unit features hardwood floors, open ceilings w/exposed ductwork and brick, spacious living room, dining, & kitchen combo w/granite counters, and stainless steel appliances. The master bath features a granite vanity, laundry & a HUGE slate shower. Located in the heart of Downtown Houston within walking distance to restaurants, bars, theaters, and easy access to Medical Center! Metro Light Rail is directly in front of the building and metered guest parking nearby. Refrigerator/Washer/Dryer included for immediate move-in. BUILDING HAS NEVER FLOODED! See video walk thru!

    Details

    Property type

    Condominium

    Est. home value

    $176,718

    Lot size

    Unknown

    Price per sq ft

    $320

    Year built

    1921

    Annual property taxes

    $3,111

    Monthly HOA fee

    $537

    Price History

    06/25/2024
    Houston

    Houston #46640420

    Listed
    $178,000
    05/20/2021
    Houston

    Houston #26157316

    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

    $47,834
    Asking price
    $178,000
    Closing costs (~8% of asking)
    -$14,240
    Est. remaining loan balance
    -$115,926
    Cash to seller
    $47,834

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

    Seller’s Loan History

    Lender

    Gateway First Bank

    Loan start date

    May 2021

    Original loan amount

    $123,930

    Est. remaining balance

    $115,926

    Interest rate

    3.18%

    Loan type

    New Conventional, 30 year

    Seller

    Dinusha Stephanie Wijesinghe

    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 10:30 AM

    Listing updated: 06/26/2024 at 6:43 AM

    Listed by: Terri Zinke Jackson, Stanfield Properties Phone #: (281) 482-7000

    MLS: Houston #46640420

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