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$417,000

Beds
1
Baths
1.0
sq ft
576

1401 E Beach Dr Unit 808, Galveston, TX 77550

1401 E Beach Dr Unit 808

Galveston, TX 77550

  • 89 days on market
    • Price drop $13,000↓
Enjoy endless Gulf views, ships at sea, and Pelicans soaring right by your windows from this beautiful condo on the 8th floor. Tile flooring and crown molding throughout. Kitchen has been updated with granite countertops, cabinets, and backsplash. Plenty of room to cook up a beach picnic or feast for you and guests. Primary bedroom is located on North side and is spacious with nice size closet, tile flooring and crown molding. Bathroom has updated tile shower/tub combo, granite counters. Perfect for primary, secondary or investment. Galvestonian has heated pool, fire pit area and picnic area. Lobby has 24/7 front desk and fitness room. East Beach is the only naturally accreting beach in Galveston. Come and enjoy life as a Galvestonian!

Details

Property type

Condominium

Est. home value

$445,710

Lot size

Unknown

Price per sq ft

$724

Year built

1983

Annual property taxes

$6,782

Monthly HOA fee

$920

Price History

10/26/2024
Houston

Houston #59737924

Price change
$417,000
-3.02%
09/25/2024
Houston

Houston #59737924

Listed
$430,000
08/26/2024
Houston

Houston #32128704

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

$197,721
Asking price
$417,000
Closing costs (~8% of asking)
-$33,360
Est. remaining loan balance
-$185,919
Cash to seller
$197,721

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

September 2020

Original loan amount

$205,000

Est. remaining balance

$185,919

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Kathleen Drackett and Robert Drackett

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: 12/23/2024 at 8:35 PM

Listing updated: 12/19/2024 at 3:18 PM

Listed by: Sommer Fisher, Texas Coastal Realty Phone #: (409) 497-4115

MLS: Houston #59737924

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