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$365,000

Beds
4
Baths
2.0
sq ft
1,892

1024 47th St, Galveston, TX 77551

1024 47th St

Galveston, TX 77551

  • 7 days on market
You are warmly greeted by original hardwood floors that have been beautifully restored. The kitchen has been modernized and updated with stainless steel appliances, quartz countertops, and under mount sink. Upstairs includes the living/dining area, 3 bedrooms and a full bathroom. Walk downstairs using the interior stairs into the laundry room and garage. The downstairs has a private entrance from within the laundry room and an exterior entrance on the side of the house. The downstairs has an additional living space area with a bedroom and full bathroom. Ideal for a guest or primary bedroom suite or a teenagers dream pad. Continue using the home as a single family home or you could live on the top floor as you rent the downstairs as a Short Term Rental! Located right off Broadway for easy commuting. The property also offers off-street parking, 2022 roof, 2022 AC, and 2023 water heater. The possibilities are endless with this home.

Details

Property type

Single Family Residence

Est. home value

$333,252

Lot size

3,075 sq ft

Price per sq ft

$193

Year built

1965

Annual property taxes

$4,806

Price History

09/11/2024
Houston

Houston #92533458

Listed
$365,000

Schools & Community

Elementary school: 

GISD OPEN ENROLL

Middle school: 

GISD OPEN ENROLL

High school: 

BALL HIGH SCHOOL

School district: 

Galveston

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

$44,117
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$291,683
Cash to seller
$44,117

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

August 2023

Original loan amount

$294,700

Est. remaining balance

$291,683

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Medell Investments Llc

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: 09/18/2024 at 7:15 PM

Listing updated: 09/18/2024 at 10:52 AM

Listed by: Julia Medellin, Rose Above Realty Phone #: (409) 789-3752

MLS: Houston #92533458

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