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$899,000

Beds
3
Baths
2.0
sq ft
1,254

12508 E Buena Vista Dr, Galveston, TX 77554

12508 E Buena Vista Dr

Galveston, TX 77554

  • 217 days on market
    • Price drop $36,000↓
Beautiful beachfront home with unobstructed panoramic ocean view in the popular Spanish Grant Subdivision. This 3 bedroom 2 bath home has been completely renovated. New kitchen cabinets and bathroom vanities, all with Quartz countertops and new appliances (2021). New hot water heater, washer and dryer (2022). All new subflooring with new insulation, new luxury vinyl flooring throughout, new primary and guest bathrooms and new AC unit (2023).All furnishings convey with sale.This home has been a popular vacation rental since the summer of 2021, and has a great revenue generating history.

Details

Property type

Single Family Residence

Est. home value

$751,433

Lot size

6,360 sq ft

Price per sq ft

$717

Year built

1985

Monthly HOA fee

$16.67

Price History

06/04/2024
Houston

Houston #96975006

Price change
$899,000
-3.85%
03/27/2024
Houston

Houston #96975006

Listed
$935,000
03/23/2024
Houston

Houston #96975006

Pending
$935,000

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

$359,629
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$467,451
Cash to seller
$359,629

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

Seller’s Loan History

Lender

Mers

Loan start date

May 2021

Original loan amount

$500,000

Est. remaining balance

$467,451

Interest rate

3.13%

Loan type

VA, 30 year

Seller

Terry Lee Maldonado and Georgina Fawn Wade

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: 07/04/2024 at 11:35 PM

Listing updated: 06/04/2024 at 5:13 PM

Listed by: Crystal Gallegos, Scarlet Properties Phone #: (409) 256-0993

MLS: Houston #96975006

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