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$200,000

Beds
3
Baths
2.0
sq ft
1,912

721 E Emily Ave, Wharton, TX 77488

721 E Emily Ave

Wharton, TX 77488

  • 89 days on market
    • Price drop $30,000↓
Charming tenant-occupied 3-bedroom, 2-bath home in a desirable neighborhood. Features a spacious living area, updated kitchen. Close to local schools, making it an ultimate investment opportunity. Ideal for those looking to delve into property ownership while enjoying immediate rental income. DO NOT DISTURB TENANT

Details

Property type

Single Family Residence

Est. home value

$203,300

Lot size

0.34 acres

Price per sq ft

$105

Year built

1952

Annual property taxes

$4,085

Price History

10/10/2024
Houston

Houston #20702878

Price change
$200,000
-13.04%
09/26/2024
Houston

Houston #20702878

Listed
$230,000
05/16/2019
Houston

Houston #4142953

Removed

Schools & Community

Elementary school: 

CG SIVELLS/WHARTON ELEMENTARY SCHOOL

Middle school: 

WHARTON JUNIOR HIGH

High school: 

WHARTON HIGH SCHOOL

School district: 

Wharton

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

$96,486
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$87,514
Cash to seller
$96,486

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

May 2019

Original loan amount

$98,000

Est. remaining balance

$87,514

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Sean Howard and Laura Howard

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: 12/24/2024 at 10:40 AM

Listing updated: 10/24/2024 at 3:38 PM

Listed by: Keylee Jackson, REALM Real Estate Professionals - Sugar Land Phone #: (281) 690-5900

MLS: Houston #20702878

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