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$779,900

Beds
4
Baths
3.5
sq ft
3,677

7202 Fountain Mdw, Katy, TX 77494

7202 Fountain Mdw

Katy, TX 77494

  • 47 days on market
    • Price drop $20,000↓
Discover this stunning 4-bedroom, 2-story home located in the highly sought-after Seven Meadows subdivision in Fort Bend County. This residence boasts an open-concept design, granite countertop island. The living area impresses with its high ceilings and well-lit ambiance, complemented by a cozy gas fireplace. The primary bedroom is conveniently situated on the ground floor and includes an en-suite bathroom with oversized luxurious walk-in shower, dual sinks, and an expansive walk-in closet. An oversized indoor laundry area and home office / study adds to the home's charm. It comes with a refrigerator, washer, and dryer, all included. Upstairs, you will find a versatile game room, a large media room with theater options, two full bathrooms, and three additional bedrooms, each offering ample closet space. The home is situated on a massive corner lot and covered patio, Home has been completely updated, paint, bathrooms, kitchen and appliances plus new air conditioning.

Details

Property type

Single Family Residence

Est. home value

$658,600

Lot size

Unknown

Price per sq ft

$213

Year built

2005

Annual property taxes

$9,785

Monthly HOA fee

$104.17

Price History

10/09/2024
Houston

Houston #60343377

Price change
$779,900
-2.5%
09/28/2024
Houston

Houston #60343377

Listed
$799,900

Schools & Community

Elementary school: 

HOLLAND ELEMENTARY SCHOOL (KATY)

Middle school: 

BECKENDORFF JUNIOR HIGH SCHOOL

High school: 

SEVEN LAKES HIGH SCHOOL

School district: 

Katy

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

$410,225
Asking price
$779,900
Closing costs (~8% of asking)
-$62,392
Est. remaining loan balance
-$307,283
Cash to seller
$410,225

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

June 2022

Original loan amount

$350,000

Est. remaining balance

$307,283

Interest rate

4.17%

Loan type

New Conventional, 15 year

Seller

Xiao Yong Wu and Xiaowei Wu

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: 11/15/2024 at 12:40 PM

Listing updated: 10/26/2024 at 5:08 PM

Listed by: Kelly Wang, KingFay Inc Phone #: (832) 539-6468

MLS: Houston #60343377

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