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$625,000

Beds
4
Baths
3.5
sq ft
2,396

1527 40th St, Galveston, TX 77550

1527 40th St

Galveston, TX 77550

  • 57 days on market
    • Price drop $14,000↓
Enjoy your own slice of paradise in this charming 4-bedroom, 3.5-bathroom home on a corner lot in Galveston Outlots, boasting high ceilings, vinyl flooring, a game room, flex room, covered balcony, and spacious backyard. Impress guests in the island kitchen, equipped with quartz countertops, walk-in pantry, gas cooktop, stainless steel appliances, breakfast bar, and pendant lighting. The spa-like primary suite features a large walk-in closet, dual vanities, freestanding tub, and a separate frameless shower. Residents enjoy fantastic shopping and dining in Downtown Galveston, and are only minutes from the Moody Gardens, the Historic Pleasure Pier, Schlitterbahn Waterpark, and popular shopping centers. Take a stroll down to the many sandy shores along Seawall Blvd or take a ferry to the stunning Bolivar Beach. This home is down the street from Galveston College and multiple Galveston ISD schools. Home to sell with all furnish included!

Details

Property type

Single Family Residence

Est. home value

$578,915

Lot size

2,570 sq ft

Price per sq ft

$261

Year built

1948

Annual property taxes

$7,904

Price History

11/01/2024
Houston

Houston #10749504

Price change
$625,000
-2.19%
10/07/2024
Houston

Houston #10749504

Price change
$639,000
-1.69%
09/12/2024
Houston

Houston #10749504

Listed
$650,000

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

$98,192
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$476,808
Cash to seller
$98,192

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2022

Original loan amount

$492,000

Est. remaining balance

$476,808

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Augusta Ifesiokwu

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: 11/08/2024 at 8:00 PM

Listing updated: 11/01/2024 at 5:08 PM

Listed by: Lance Loken, Keller Williams Platinum Phone #: (281) 856-0808

MLS: Houston #10749504

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