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$820,000

Beds
4
Baths
2.0
sq ft
2,542

1620 Sealy St, Galveston, TX 77550

1620 Sealy St

Galveston, TX 77550

  • 35 days on market
This is a rare opportunity to own this 1896 Colonial Victorian Revival! Listed on the National Historic Registry, this beauty, known as the Louis Marx House, is located in the East End Historic District and has been restored and updated! Blending historic charm with modern conveniences, this home features the original fretwork, woodwork, windows and upper and lower galleries, while boasting modern finishes in the kitchen and bath. With gorgeous landscaping, including built-in firepit, this home has been awarded Home of the Month and is one of the MOST photographed and admired homes in Galveston. This home makes a walk to the beach or the Strand a breeze. It is offered as a turn-key, fully furnished property with a few exclusions. It can be used as a personal home or a vacation rental. The current owners use this home as both.

Details

Property type

Single Family Residence

Est. home value

$771,629

Lot size

5,140 sq ft

Price per sq ft

$323

Year built

1896

Annual property taxes

$13,003

Price History

08/15/2024
Houston

Houston #25884143

Listed
$820,000
02/01/2021
Houston

Houston #28878736

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

$386,612
Asking price
$820,000
Closing costs (~8% of asking)
-$65,600
Est. remaining loan balance
-$367,788
Cash to seller
$386,612

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

January 2021

Original loan amount

$465,000

Est. remaining balance

$367,788

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Robert Charles Mignacca and Janis Thysse Mignacca

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: 09/20/2024 at 3:40 AM

Listing updated: 08/18/2024 at 10:12 PM

Listed by: Mary Huckabay, Carnes Realty Group LLC Phone #: (918) 527-7724

MLS: Houston #25884143

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