tomo logo

$518,400

Beds
3
Baths
2.5
sq ft
1,012

16507 Nassau Way, Galveston, TX 77554

16507 Nassau Way

Galveston, TX 77554

  • 78 days on market
Waterfront furnished home on canal lot with multi-level decks, great fishing and sunset views. Three bedrooms, two baths up with additional half bath, utility room, large storage and air-conditioned flex room downstairs. Jamaica Beach is a top-rated vacation destination, and this home has proven rental income. This exquisite property features a recent bulkhead ((2019), covered boat lift and dock, recent exterior paint, outdoor shower and expansive outdoor living areas. En-suite bath in primary bedroom with walk-in shower. Quartz countertops and new cabinets in updated kitchen. Square footage (1,012) does not include downstairs rooms. Laminate and tile flooring throughout. Large back yard big enough for a pool. Generous parking space. Easy and quick bay access. Panoramic views from elevated deck. Just bring your suitcase!

Details

Property type

Single Family Residence

Est. home value

$476,892

Lot size

6,599 sq ft

Price per sq ft

$513

Year built

1975

Annual property taxes

$6,568

Monthly HOA fee

$1.67

Price History

09/06/2024
Houston

Houston #71587111

Listed
$518,400
09/01/2024
Houston

Houston #6429025

Removed
06/26/2024
Houston

Houston #6429025

Price change
$528,000
-10.2%

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

$370,814
Asking price
$518,400
Closing costs (~8% of asking)
-$41,472
Est. remaining loan balance
-$106,114
Cash to seller
$370,814

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

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

April 2008

Original loan amount

$160,000

Est. remaining balance

$106,114

Interest rate

6.04%

Loan type

Not Provided, 30 year

Seller

David P Parkerson and Kristine M Parkerson

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
$525,000
3 bd
|
2 ba
|
1,070 sq ft
|
House

16551 Anchor Way, Galveston, TX 77554

Price drop
Houston
$505,000
3 bd
|
2.5 ba
|
1,210 sq ft
|
House

21906 Matagorda Dr, Galveston, TX 77554

Houston
$507,000
3 bd
|
2 ba
|
1,393 sq ft
|
House

3930 Hardin Dr, Galveston, TX 77554

Status: Active

Tomo last checked: 11/24/2024 at 3:05 AM

Listing updated: 09/10/2024 at 9:12 AM

Listed by: Kristen Kennedy, William Palmer Properties Phone #: (713) 682-4999

MLS: Houston #71587111

Houston logo

Recently listed in Galveston

$499,000|2 bd|2.0 ba|House
$779,500|3 bd|3.0 ba|House
$850,000|4 bd|3.5 ba|House
$320,000|3 bd|2.0 ba|House
$235,000|2 bd|1.0 ba|House
$550,000|12 bd|5.0 ba|House
$335,000|3 bd|2.0 ba|House
$2,375,000|5 bd|4.5 ba|House