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$316,500

Beds
3
Baths
2.0
sq ft
1,851

7518 Cove Royale Ln, Richmond, TX 77407

7518 Cove Royale Ln

Richmond, TX 77407

  • 30 days on market
    • Price drop $12,000↓
A must see! Beautiful family home freshly painted and ready for move in. This home is in a cul-de-sac and has neighbors on only one side. Features tile and luxury vinyl plank flooring (No Carpet). See Art Niche near the front door. Formal Dining has wrought iron chandelier, accent shelves & a transom to bring in the light. Spacious family room has a nice fireplace/mantel, high ceilings & ceiling fan. Breakfast area has 2 built-in bench bins. Breakfast area, Family room and primary bedroom windows overlook the large deck and backyard. Primary bath has large soaking tub, separate shower, & double sinks with big walk-in closet. The secondary bedrooms, office, hall bath and laundry room are off to the left as you walk in the front door. This home is conveniently located close to the elementary school and shopping. Easy access to the Westpark toll road.

Details

Property type

Single Family Residence

Est. home value

$326,402

Lot size

7,235 sq ft

Price per sq ft

$171

Year built

2006

Annual property taxes

$6,996

Monthly HOA fee

$97.75

Price History

09/05/2024
Houston

Houston #57880949

Price change
$316,500
-3.65%
08/20/2024
Houston

Houston #57880949

Listed
$328,500
03/22/2019
Houston

Houston #95902510

Removed

Schools & Community

Elementary school: 

SEGUIN ELEMENTARY (FORT BEND)

Middle school: 

CROCKETT MIDDLE SCHOOL (FORT BEND)

High school: 

BUSH HIGH SCHOOL

School district: 

Fort Bend

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

$143,778
Asking price
$316,500
Closing costs (~8% of asking)
-$25,320
Est. remaining loan balance
-$147,402
Cash to seller
$143,778

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

March 2019

Original loan amount

$163,600

Est. remaining balance

$147,402

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Emily Kay Gibson

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: 09/19/2024 at 8:35 PM

Listing updated: 09/05/2024 at 12:52 PM

Listed by: Deborah Summersett, Prime Properties Phone #: (832) 752-3509

MLS: Houston #57880949

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