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$375,000

Beds
2
Baths
2.0
sq ft
855

1309 Avenue M, Galveston, TX 77550

1309 Avenue M

Galveston, TX 77550

  • 4 days on market
WELCOME TO GALVESTON OUTLOTS A 1955 SHOTGUN-STYLE COTTAGE, ACTIVE VACATION RENTAL, ONLY (3) BLOCKS FROM BROADWAY, (3) BLOCKS - WALKING DISTANCE - TO THE SEAWALL AND BEACH. INSIDE, THE HOME FEATURES AN AQUA THEME, NATURAL LIGHT, ORIGINAL HARDWOOD FLOORS, HIGH RUSTIC CEILINGS, CROWN MOLDING, AND(3) MINI-SPLIT AIR CONDITIONERS, (1) IN EACH LIVING AREA. THE FAMILY ROOM AND BREAKFAST AREA OPENS TO THE SPACIOUS KITCHEN, BUTCHER BLOCK COUNTERTOPS, WITH OPEN STORAGE, CABINETS, AND POTS AND PANS DRAWERS, LINEAR GLASS MOSAIC BACKSPLASH, AND SEPARATE COOKING AND FOOD PREPARATION COUNTERTOP SPACE. EACH FULL BATHROOM FEATURES AN OVERSIZED SHOWER, DECORATIVE TILE, AND FRAME-LESS GLASS, WITH LAUNDRY AREA TUCKED AWAY IN THE PRIMARY BATHROOM. FEATURED OUTSIDE, (3) PORCH AREAS, (2) OF WHICH ARE COVERED, RECENT CONCRETE FRONT DRIVEWAY, AND RECENT RUSTIC BACK GATE FOR ADDITIONAL PARKING, ACCESSIBLE FROM THE MAINTENANCE ALLEY, AND GATED ENCLOSURES ON THE FRONT AND BACK OF THE HOME FOR ADDITIONAL STORAGE.

Details

Property type

Single Family Residence

Est. home value

$393,448

Lot size

2,570 sq ft

Price per sq ft

$439

Year built

1955

Annual property taxes

$6,208

Price History

09/14/2024
Houston

Houston #47337849

Listed
$375,000
10/14/2022
Houston

Houston #79253415

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

$25,123
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$319,877
Cash to seller
$25,123

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

October 2022

Original loan amount

$328,500

Est. remaining balance

$319,877

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Misti Lenoir and William Jay Lenoir

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: 09/18/2024 at 7:55 PM

Listing updated: 09/17/2024 at 4:32 PM

Listed by: Matthew Fitzgerald, RE/MAX Leading Edge Phone #: (409) 744-3300

MLS: Houston #47337849

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