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$569,000

Beds
3
Baths
1.5
sq ft
1,792

1601 Post Office St, Galveston, TX 77550

1601 Post Office St

Galveston, TX 77550

  • <1 day on market
Lovely raised 3/1.5 home in EEHD. Question about actual date of house Cad has it built in 1896, previous sellers and refrences claim 1907 .The Thomas Bollinger family maintained ownership until 1948, when they sold to Alice A. Mullen who owned the property until 1987. Because the property has so few owners, the house has managed to stay largely intact and retains most of its original design. Architecturally, the house represents the transition between High Victorian and Queen Anne. Double galleries, lots of light walk thru windows artistically crafted wood floors add to its charm. The home boasts an updated kitchen and upstairs bath. The 1/2 bath downstairs could easily incorporate a shower (in fact a shower fixture and tile for the project will stay with the house they are the same fixtures as the upstairs bath). An anamoly in a historic home is that all windows open! Appliances and rug in upstairs bedroom conveys. Fenced in yard. Walkable to most of the Island finest attractions!

Details

Property type

Single Family Residence

Est. home value

$522,975

Lot size

2,840 sq ft

Price per sq ft

$318

Year built

1896

Annual property taxes

$7,929

Price History

09/20/2024
Houston

Houston #14998809

Listed
$569,000
06/14/2024
Houston

Houston #34021042

Removed
06/07/2024
Houston

Houston #34021042

Pending
$569,000

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

$231,496
Asking price
$569,000
Closing costs (~8% of asking)
-$45,520
Est. remaining loan balance
-$291,984
Cash to seller
$231,496

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

Seller’s Loan History

Lender

Thrive Mortgage Llc

Loan start date

February 2021

Original loan amount

$318,000

Est. remaining balance

$291,984

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Steven Umbach and Elizabeth Ann Umbach

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: 09/20/2024 at 8:15 PM

Listing updated: 09/20/2024 at 12:42 PM

Listed by: Thomas Schwenk, Coldwell Banker TGRE Phone #: (713) 857-2309

MLS: Houston #14998809

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