tomo logo

$549,900

Beds
3
Baths
2.0
sq ft
1,514

12828 E Madrid Rd, Galveston, TX 77554

12828 E Madrid Rd

Galveston, TX 77554

  • 27 days on market
    • Price drop $10,000↓
NEW ROOF COMING SOON! Waterfront GEM in Spanish Grant Bayside located ON THE CANAL! Enjoy gorgeous sunsets from this breezy back porch! Just a golf cart ride away from having toes in the sand on Galveston BEACH! Contemporary home with open concept kitchen & living, laundry, 2 spacious bedrooms & shared bathroom completes the layout of the main home. The remodeled modern kitchen (2019) features an over-sized granite island, double ovens & stainless appliances. The 3rd bedroom (bunk room on ground level only) features a private full bathroom with shower for guests to visit in comfort. Storage on the left & workshop under the front patio. HUGE covered porch on ground level continues upstairs to the main entrance with great views of the canal & boat access to the bay. Boathouse with lift (new belts 2023), storm shutters, sprinkler system, & much more. NOTE, photos are from 2022. Stays quiet as short term rentals not allowed. Furnished & vacation ready; simply pack your bags & let's go!

Details

Property type

Single Family Residence

Est. home value

$509,783

Lot size

5,101 sq ft

Price per sq ft

$364

Year built

1981

Annual property taxes

$8,375

Monthly HOA fee

$5

Price History

09/04/2024
Houston

Houston #51093118

Price change
$549,900
-1.79%
08/24/2024
Houston

Houston #51093118

Listed
$559,900
03/23/2022
Houston

Houston #54701778

Removed

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

$137,876
Asking price
$549,900
Closing costs (~8% of asking)
-$43,992
Est. remaining loan balance
-$368,032
Cash to seller
$137,876

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

Seller’s Loan History

Lender

Amcap Mortgage Ltd

Loan start date

March 2022

Original loan amount

$386,250

Est. remaining balance

$368,032

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Julie Ann Denny

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: 09/20/2024 at 8:10 PM

Listing updated: 09/17/2024 at 3:12 PM

Listed by: Abby Brayfield, EXIT Lone Star Realty Phone #: (281) 292-8886

MLS: Houston #51093118

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