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$646,678Estimated home value

Beds
4
Baths
4.0
sq ft
3,200

1330 Coral Way, Galveston, TX 77554

1330 Coral Way

Tiki Island, TX 77554

  • Sold On 7/17/2023
ARE YOU LOOKING FOR THE LARGEST HOME IN TIKI ISLAND AT THIS PRICE POINT? THIS IS YOUR HOME: House includes: 4 bedrooms/3 full baths upstairs, media room, study, an additional office space, and additional bonus room. Home has FOUR balconies with numerous waterfront views. Luxury master suite with owner’s private balcony and contemporary bathroom and closets galore. Lower level includes 1 bedroom plus bath and kitchenette, elevator, boat lift, large dock, garage, 2 car carports, full RV hookups. New roof in 2019, new kitchen in main house, new flooring/updates throughout both homes. Underwater green light ready for fishing. The adjacent pool lot is also available for sale.

Details

Property type

Single Family Residence

Est. home value

$646,678

Lot size

0.41 acres

Price per sq ft

$202

Year built

1978

Annual property taxes

$15,228

Monthly HOA fee

$9.17

Price History

12/19/2024
Houston

Houston #66026417

Removed
10/08/2024
Houston

Houston #66026417

Listed
$975,000
07/17/2023
Houston

Houston #5682762

Removed

Schools & Community

Elementary school: 

HAYLEY ELEMENTARY SCHOOL

Middle school: 

LA MARQUE MIDDLE SCHOOL (TEXAS CITY)

High school: 

LA MARQUE HIGH SCHOOL

School district: 

Texas City

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

$494,920
Asking price
$645,000
Closing costs (~8% of asking)
-$51,600
Est. remaining loan balance
-$98,480
Cash to seller
$494,920

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

Seller’s Loan History

Lender

Groves Capital Inc

Loan start date

July 2023

Original loan amount

$100,000

Est. remaining balance

$98,480

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Russell F Secor

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: Off Market

Tomo last checked: 12/26/2024 at 11:35 AM

Listing updated: 07/17/2023 at 7:44 PM

Listed by: Jared English, Congress Realty, Inc. Phone #: (866) 599-5601

MLS: Houston #5682762

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