tomo logo

$899,900

Beds
3
Baths
3.0
sq ft
2,420

12836 E Madrid Rd, Galveston, TX 77554

12836 E Madrid Rd

Galveston, TX 77554

  • 3 days on market
Savor STUNNING picturesque sunsets & canal vistas from this custom-built home tucked away in coveted Spanish Grant Bayside. This well-loved home has been meticulously maintained to encompass updates such as 2023 appliances, 2021 interior & 2022 exterior paint, 2021 Trane HVAC, 2020 boat lift, 2022 mosquito misting system, custom fish cleaning station & more! Designed by the original owner for strength & longevity, the home utilizes concrete pilings, high-impact resistant windows, Hardie w/ stucco texture, & foam insulation. Travertine & Brazilian cherry flooring flow throughout, beautiful red oak encasements, trim, & cabinetry. Open entertaining areas are complemented by soaring ceilings & a wall of windows looking out to the canal. Chef's kitchen with granite, stainless appliances, plus wine fridge. Primary en-suite on each level. Massive ground level & over 850sqft of decking. Low flood insurance! Make sure to check out the photo comments & the 3D tour. Don't let this one get away!

Details

Property type

Single Family Residence

Est. home value

$867,216

Lot size

5,101 sq ft

Price per sq ft

$372

Year built

2006

Annual property taxes

$12,917

Monthly HOA fee

$12.5

Price History

07/03/2024
Houston

Houston #37251725

Listed
$899,900
12/18/2020
Houston

Houston #22818456

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

$533,232
Asking price
$899,900
Closing costs (~8% of asking)
-$71,992
Est. remaining loan balance
-$294,676
Cash to seller
$533,232

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2020

Original loan amount

$363,000

Est. remaining balance

$294,676

Interest rate

2.32%

Loan type

New Conventional, 16 year

Seller

Kelly Stewart and May A Stewart

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: 07/07/2024 at 2:45 PM

Listing updated: 07/04/2024 at 1:03 PM

Listed by: Lawrence Wester III, RE/MAX Leading Edge Phone #: (409) 744-3300

MLS: Houston #37251725

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