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$445,000

Beds
2
Baths
2.0
sq ft
758

10811 Termini San Luis Pass Rd Unit 2123, Galveston, TX 77554

10811 Termini San Luis Pass Rd Unit 2123

Galveston, TX 77554

  • 331 days on market
    • Price drop $5,000↓
Want a fully-furnished 2 bedroom 2 bath condo right on the beach? Seascape Resort sits directly on the beach, so no need to cross the busy seawall. Recently updated unit sleeps 8 w/king in primary bedroom, queen in 2nd bedroom, full-size sofa sleeper in living room & bunk beds in recessed hallway. Two full bathrooms. Fully-stocked kitchen including coffeemaker & Keurig, blender, dishes, pots & pans. Light & airy, with lots of windows & amazing view of the ocean. Enjoy coffee & watch the sunrise from private balcony off living room or the 2nd balcony off primary bedroom. These unique connected over-sized balconies allow more space to enjoy the view. Resort-style complex w/heated pool, kiddie pool, adult-only hot tub & BBQ/picnic area. Private walkover to the beach. Fantastic investment property ready to rent or enjoy yourself! Currently is a short-term rental with excellent rental history. $44k in gross bookings in 2023. Future bookings can convey to new owner.

Details

Property type

Condominium

Est. home value

$379,943

Lot size

Unknown

Price per sq ft

$588

Year built

1995

Annual property taxes

$5,564

Monthly HOA fee

$718

Price History

02/13/2024
Houston

Houston #24699680

Price change
$445,000
-1.11%
01/26/2024
Houston

Houston #24699680

Listed
$450,000

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

$266,934
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$142,466
Cash to seller
$266,934

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

Seller’s Loan History

Lender

Network Funding Lp

Loan start date

March 2020

Original loan amount

$157,650

Est. remaining balance

$142,466

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Anupam Saha and Arati Bhattacharya

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?

Status: Active

Tomo last checked: 12/22/2024 at 10:40 AM

Listing updated: 06/13/2024 at 9:33 AM

Listed by: Jessica Cejka, UTR TEXAS, REALTORS Phone #: (281) 282-0935

MLS: Houston #24699680

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