• Real Estate Deal of the Day November 7, 2019

    Real Estate Deal of the Day November 7, 2019

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    Update: This property just sold since the recording was made.

    MLS Deal Property

    2108 Olympic Drive, League City, Texas 77573

    List Price: $269,900
    Bed/Bath/Pool/Stories: 4/2.1/0/2

    MLS Deal Finder Estimated Value:                          $376,777
    MLS Deal Finder Estimated Discount:                      $106,877
    MLS Deal Finder Estimated Discount%:                   28.37%

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    Real Estate Deal of the Day November 7, 2019

    [Video Transcription]

    This is Real Estate IQ’s Deal of the Day. And today we have found a fabulous deal for you, in the Houston market.

    It's in Houston Metro, we are looking at 2108 Olympic Drive League Texas 77573 and let's take a look. It's currently listed at $269,900 with estimated price or today's worth at $376,777 so the list price per square foot at $80 38 cents for the estimated price per square foot at $112 20 cents and the original list price was at 307,000, so let's say it was last 16th of September. So we might want to look at this again and do not want to miss it this time. 

    So we're looking at a two-story with one fireplace. Four beds, 2.1 baths, and two-car garage property that was built in 1989 with total square feet of 3358. Now looking at the neighborhood subdivision and schools. It's a nine. Clear Creek Ferguson elementary school. Clear Creek intermediate school and of course Clear Creek High School. Now you have here the MLS number as well as the listing agent's number. Looking at the public remark, which is personally noted by the listing agent. This property is located in a gated guard community setting in a golf course. Of course, a huge factor for entertainment. 

    Now let's take a look at our property for the whole. Thing these few parts and also brilliantly noted by the agent, if we can see that they have remodeled the exterior part as well as the ceiling. So let's take a look at the interior. You have your wooden cabinets, kitchen cabinets with granite countertop, as well as some top flooring. They have repainted walls, replaced new carpets. So here is your bathroom. And on this second floor, there's one master bedroom and one game room. You can see the interior part there. Sorry. The exterior part now looking at the back here. Well, we can make use of some outside dining or maybe living area just an addition for some barbecue afternoon Sunday's look at that huge backyard. 

    So let's look to the Sold comps we have here two sold comps sets on pre-selected by the system. And of course, looking at the two sold comps price per square foot is that 100 40 cents, and the other one is at 124 00 now as real estate IQs most aggressive approach in ran comps is Arabic distance. So we have here this will choose recency and distance and recency days. 0.27 miles from our subject property and 0. 48 Miles, as well as 24 recency days and to recency days so looking. These pre-selected sold comps are just that of the same subdivision. And of course, I'm just back or less, but then here it will be able to see some public remarks as well on personally noted by the listing agents who handled these sold comps. 

    Here is the map view here are two sold comps and if you'd like to take a closer look at this street view as well as of the neighborhood. Then where are the yellow stars at since we're using Google Maps. 

    So this is where our subject properties currently situated now let's go ahead and come back quickly. Since we're able to pull it up so we can see that. The sold price is or rather estimated price for this is $376,778 so of course we can say, by just looking at this investment summary here, you have a 28 point 37 IQ discount percentage would 0.9 for rental index. And then I can discount of $106,877 we can say that our awesome Deal of the Day is. Good for either wholesaling or flipping. 

    So that’s it for the Deal of the Day. And of course, always. Thanks for tuning in and happy deal-finding everyone.

     

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