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$474,500

Beds
3
Baths
4.5
sq ft
1,909

731 Kings Way, Coldspring, TX 77331

731 Kings Way

Coldspring, TX 77331

  • 45 days on market
Discover your dream waterfront retreat at Lake Livingston in the prestigious gated community of Cape Royale. 3 bed, 4.5-bath lake house comfortably sleeps 12-14 in beds, as set up now, including a private guest cottage with its own bedroom, bath, & AC unit. Lots of dining options as well, breakfast nook, open dining area & breakfast bar allows plenty of room for entertaining a large crowd. Enjoy serene mornings on the spacious front/back porches or from the two-story boathouse. Offering a boat lift, double jet ski lift, sun deck, and large seating area. Seller added Carp board, recent railing/deck on upper dock & reinforced the bulkhead. The home is nestled in a peaceful cove that offers protection from rough waters yet quick access to the open lake, minutes from Pine Island. Recent upgrades include a 3 ton AC unit/ carpet/paint/flooring/expanded patio, garage, sprinkler system. Experience lakeside living at its finest! Community amenities include pool/tennis/basketball courts.

Details

Property type

Single Family Residence

Est. home value

$425,509

Lot size

8,350 sq ft

Price per sq ft

$249

Year built

1987

Annual property taxes

$6,645

Monthly HOA fee

$35.08

Price History

10/08/2024
Houston

Houston #48543423

Removed
10/08/2024
Houston

Houston #77495025

Listed
$474,500
-9.62%
08/05/2024
Houston

Houston #48543423

Price change
$525,000
-4.55%

Schools & Community

Elementary school: 

JAMES STREET ELEMENTARY SCHOOL

Middle school: 

LINCOLN JUNIOR HIGH SCHOOL

High school: 

COLDSPRING-OAKHURST HIGH SCHOOL

Community features: 

Tennis Court(s)

School district: 

Coldspring-Oakhurst Consolidated

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

$150,065
Asking price
$474,500
Closing costs (~8% of asking)
-$37,960
Est. remaining loan balance
-$286,475
Cash to seller
$150,065

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

October 2020

Original loan amount

$315,000

Est. remaining balance

$286,475

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Melanie Rae Pickering and Christopher M Pickering

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: 11/22/2024 at 11:25 PM

Listing updated: 10/14/2024 at 9:46 AM

Listed by: Robert Kory, CENTURY 21 Western Realty, Inc Phone #: (281) 392-9272

MLS: Houston #77495025

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