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$229,900

Beds
4
Baths
2.0
sq ft
1,520

8621 Lee Otis St, Houston, TX 77051

8621 Lee Otis St

Houston, TX 77051

  • 155 days on market
Very cute home in a great location. Fresh new paint, laminate flooring, new carpet in bedrooms, kitchen is nice and open to living area- home feels much larger. Nice corner property.

Details

Property type

Single Family Residence

Est. home value

$214,232

Lot size

4,400 sq ft

Price per sq ft

$152

Year built

1951

Annual property taxes

$4,297

Price History

06/05/2024
Houston

Houston #30880774

Listed
$229,900

Schools & Community

Neighborhood: 

Sunnyside

Elementary school: 

BASTIAN ELEMENTARY SCHOOL

Middle school: 

ATTUCKS MIDDLE SCHOOL

High school: 

WORTHING 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

$98,968
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$112,540
Cash to seller
$98,968

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

Seller’s Loan History

Lender

Capital Concepts Inc

Loan start date

May 2020

Original loan amount

$124,000

Est. remaining balance

$112,540

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Ivan M Font and The Font Living Trust

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 11:50 AM

Listing updated: 08/19/2024 at 6:42 PM

Listed by: Sonya Renteria, City Group Properties Phone #: (713) 489-9453

MLS: Houston #30880774

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