tomo logo

$899,000

Beds
4
Baths
4.0
sq ft
3,296

1612 8 Mile Rd, Galveston, TX 77554

1612 8 Mile Rd

Galveston, TX 77554

  • 98 days on market
Welcome to this stunning bay view home with tall ceilings throughout, perfect for entertaining family and friends. Experience your own upscale island resort feel with an oversized screened porch offering 360-degree views of West Bay. This beautifully furnished 4-bedroom, 4-bathroom home is turnkey ready for occupancy, ideal for full-time living or as an active vacation rental. Enjoy the spacious layout and luxurious amenities in this coastal oasis.

Details

Property type

Single Family Residence

Est. home value

$997,718

Lot size

5,001 sq ft

Price per sq ft

$273

Year built

2008

Annual property taxes

$14,457

Price History

09/18/2024
Houston

Houston #52322284

Listed
$899,000
04/22/2024
Houston

Houston #36405614

Removed
04/01/2024
Houston

Houston #38549226

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

$211,941
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$615,139
Cash to seller
$211,941

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

July 2022

Original loan amount

$637,500

Est. remaining balance

$615,139

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Autumn Fales and Frank Gene Fales Iii

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?

Similar Homes Nearby

Sold
Houston
$645,000
4 bd
|
4 ba
|
3,200 sq ft
|
House

1330 Coral Way, Galveston, TX 77554

Price drop
Houston
$875,000
4 bd
|
4.5 ba
|
3,884 sq ft
|
House

4027 Spanish Main Blvd, Galveston, TX 77554

New
Houston
$789,900
4 bd
|
4 ba
|
2,152 sq ft
|
House

146 Tamana Dr, Galveston, TX 77554

Status: Active

Tomo last checked: 12/25/2024 at 11:15 PM

Listing updated: 10/06/2024 at 6:14 PM

Listed by: Felicia Stinnett, JPAR-The Sears Group Phone #: (713) 357-0068

MLS: Houston #52322284

Houston logo

Recently listed in Galveston