tomo logo

$479,000

Beds
2
Baths
2.0
sq ft
960

16530 Bermuda Way, Galveston, TX 77554

16530 Bermuda Way

Jamaica Beach, TX 77554

  • 50 days on market
This CANAL FRONT HOME --2 bedrooms, 2 full baths, vaulted ceilings, large living room. Spacious kitchen/dining combo make it a comfortable and inviting space. The two decks, one wired for a hot tub, & the larger deck over the water provide excellent outdoor living and dining options with beautiful water views. Located on a wide canal/with option to add an outdoor kitchen and bar area, adds to the appeal of the property. Being less than 5 minutes to West Bay and a short golf cart ride to the beach makes it convenient for water and beach activities. The additional living space under the homes by the water adds versatility to the property. Recent updates, include new roof in 2021, new HVAC which contribute to the well-maintained nature of the home. Sold furnished, minus a few exclusions. Come enjoy the relaxed lifestyle of a bay home in Jamaica Beach. You will be drawn to the stunning sunsets & overall charm of the property. Close to beach/bay/amenities. JB has its own Police, Fire, & EMS

Details

Property type

Single Family Residence

Est. home value

$548,910

Lot size

6,599 sq ft

Price per sq ft

$499

Year built

1999

Annual property taxes

$9,241

Monthly HOA fee

$1.67

Price History

05/15/2024
Houston

Houston #70720005

Listed
$479,000
03/28/2024
Houston

Houston #23897889

Removed
03/01/2024
Houston

Houston #23897889

Listed
$549,000

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

$152,237
Asking price
$479,000
Closing costs (~8% of asking)
-$38,320
Est. remaining loan balance
-$288,443
Cash to seller
$152,237

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$307,500

Est. remaining balance

$288,443

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Carl C Monrad Ii and Elaine M Monrad

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
$499,000
2 bd
|
2 ba
|
808 sq ft
|
House

16702 Tahiti Way, Galveston, TX 77554

Houston
$475,000
2 bd
|
2 ba
|
1,080 sq ft
|
House

3927 Navarro Dr, Galveston, TX 77554

Price drop
Houston
$520,000
2 bd
|
2 ba
|
957 sq ft
|
House

16614 Trinidad Way, Galveston, TX 77554

Status: Active

Tomo last checked: 07/04/2024 at 10:15 PM

Listing updated: 06/15/2024 at 8:23 AM

Listed by: Summer Bloom, UTR TEXAS, REALTORS Phone #: (281) 282-0935

MLS: Houston #70720005

Houston logo

Recently listed in Jamaica Beach

$795,000|3 bd|3.0 ba|House
$1,015,000|4 bd|2.5 ba|House
$2,200,000|5 bd|5.5 ba|House
$1,150,000|4 bd|2.5 ba|House
$490,000|3 bd|2.0 ba|House
$1,590,000|4 bd|3.5 ba|House