tomo logo

$334,000

Beds
2
Baths
1.0
sq ft
672

1618 16th St, Galveston, TX 77550

1618 16th St

Galveston, TX 77550

  • 270 days on market
TALK ABOUT A QUAINT FURNISHED BEACH COTTAGE 1 BLOCK FROM THE SEAWALL. HIGH-RAISED. LARGE GARAGE UNDERNEATH WITH 11 X 13 MANCAVE. PLENTY OF ROOM FOR YOUR CAR AND POSSIBLY YOUR GOLFCART. 12 X 16 CONCRETED STORAGE AREA UNDER HOUSE. C/A/H W/BEAUTIFUL HARDWOOD FLOORS. BUTCHER BLOCK COUNTER TOPS. KITCHEN W/SS REFRIGERATOR / ELECTRIC STOVE. BIG SCREEN TV REMAINS. COMFORTABLE MAIN PRIMARY BR. POSSIBILTY THE 6/8 CLOSET/OFFICE COULD BE A 2ND BEDROOM. TANKLESS WATER HEATER. FULL SIZE SIDE BY SIDE W/D TO REMAIN. PERFECT FOR WEEKEND OR FULL TIME VISITS. PERFECT FRONT PORCH GIVES YOU A WATER VIEW. THIS ONE WONT LAST LONG!

Details

Property type

Single Family Residence

Est. home value

$333,003

Lot size

Unknown

Price per sq ft

$498

Year built

1965

Annual property taxes

$4,745

Price History

03/27/2024
Houston

Houston #59185780

Listed
$334,000

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

$89,042
Asking price
$334,000
Closing costs (~8% of asking)
-$26,720
Est. remaining loan balance
-$218,238
Cash to seller
$89,042

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

Seller’s Loan History

Lender

Network Funding Lp

Loan start date

August 2020

Original loan amount

$240,562

Est. remaining balance

$218,238

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Nicholas Viator

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

Houston
$350,000
2 bd
|
1 ba
|
1,539 sq ft
|
House

2917 Avenue P 1/2, Galveston, TX 77550

Price drop
Houston
$360,000
2 bd
|
1 ba
|
982 sq ft
|
House

1518 Avenue M 1/2, Galveston, TX 77550

Status: Active

Tomo last checked: 12/22/2024 at 2:00 PM

Listing updated: 09/23/2024 at 11:22 AM

Listed by: Vincent Tramonte, Joe Tramonte Realty, Inc. Phone #: (409) 765-9837

MLS: Houston #59185780

Houston logo

Recently listed in Galveston