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$228,088Estimated home value

Beds
3
Baths
2.0
sq ft
1,159

7314 Caddo Lake Ln, Houston, TX 77083

7314 Caddo Lake Ln

Houston, TX 77083

  • Sold On 7/28/2023
This charming 1 story home offers 3 bedrooms and 2 bathrooms and a 2 car garage. located in the heart of Alief close to shopping and major freeways. New water heater, garage doors, stainless steel appliances. freshly painted.

Details

Property type

Single Family Residence

Est. home value

$228,088

Lot size

5,049 sq ft

Price per sq ft

$199

Year built

1981

Annual property taxes

$3,277

Monthly HOA fee

$34.75

Price History

11/02/2024
Houston

Houston #72116739

Removed
08/31/2024
Houston

Houston #72116739

Listed
$249,900
07/28/2023
Houston

Houston #72556749

Removed

Schools & Community

Neighborhood: 

Alief

Elementary school: 

LIESTMAN ELEMENTARY SCHOOL

Middle school: 

KILLOUGH MIDDLE SCHOOL

High school: 

AISD DRAW

School district: 

Alief

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

-$15,286
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$226,886
Cash to seller
-$15,286

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

Seller’s Loan History

Lender

Cadence Bank Na

Loan start date

July 2023

Original loan amount

$230,000

Est. remaining balance

$226,886

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Curtis J Melroe and Taylor Kristina Melroe

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: Off Market

Tomo last checked: 11/09/2024 at 10:35 AM

Listing updated: 07/28/2023 at 12:44 PM

Listed by: Claudia Guerrero, REALM Real Estate Professional Phone #: (281) 690-5900

MLS: Houston #72556749

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