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$650,000

Beds
4
Baths
3.5
sq ft
5,198

8316 Summit Pl, Houston, TX 77071

8316 Summit Pl

Houston, TX 77071

  • 153 days on market
    • Price drop $40,000↓
Discover this stunning, recently renovated home in the Frontenac subdivision! This home boasts 4 bedrooms, 3.5 bathrooms, and vast spaces to entertain guests and family alike. The grand entrance staircase provides a great first impression when entering the home. Tile or wood-flooring in most areas of the home. The backyard is huge yet low-maintenance, making it a heaven for adding your own touch! The home also features 2 balcony areas, offering relaxing views of the subdivision or backyard greenery to melt the daily grind away. The home also provides quick and easy access to several major highways, including I-69, US-90, and Beltway 8. Don't wait

Details

Property type

Single Family Residence

Est. home value

$723,592

Lot size

0.26 acres

Price per sq ft

$126

Year built

2007

Annual property taxes

$12,477

Monthly HOA fee

$126.67

Price History

08/25/2024
Houston

Houston #29109915

Price change
$650,000
-5.8%
06/08/2024
Houston

Houston #29109915

Listed
$690,000

Schools & Community

Neighborhood: 

Greater Fondren Southwest

Elementary school: 

GROSS ELEMENTARY SCHOOL

Middle school: 

WELCH MIDDLE SCHOOL

High school: 

WESTBURY HIGH SCHOOL

School district: 

Houston

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

$455,620
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$142,380
Cash to seller
$455,620

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2015

Original loan amount

$329,800

Est. remaining balance

$142,380

Interest rate

3.02%

Loan type

New Conventional, 15 year

Seller

Duc C Duong and Thanh T Nguyen

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: 11/08/2024 at 7:40 PM

Listing updated: 08/25/2024 at 9:22 AM

Listed by: Hung Minh Nguyen, Keller Williams Signature Phone #: (281) 599-7600

MLS: Houston #29109915

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