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$1,300,000

Beds
5
Baths
4.5
sq ft
2,340

16545 Tampico Way, Galveston, TX 77554

16545 Tampico Way

Jamaica Beach, TX 77554

  • Pending
    • Price drop $100,000↓
This canal beauty has been fully remodeled up/down/in and out! The outdoor entertainment area has been thought out with every detail. Pool/Hot Tub, seating areas, boat lift, double jet ski lift, floating dock, garage doors open front and back for an amazing entertaining center, jellyfish & landscape lighting. Going up to house, Large deck with gate and take in the water views. Walk into a gorgeous, updated home with soaring ceilings, open floor plan with loft area. Kitchen has gas stove/double ovens, stainless appliances, wall lighting, quartz countertops throughout the home. The large Primary bedroom has a room attached that has the washer/dryer and built ins for primary closet. Primary bath has double sink, shower heads, & a vanity. 2nd bedroom down has en-suite bath with double sink and shower. Up is mirror bunk rooms with large bedroom in between and 2 more full baths up. Home is being sold fully furnished!

Details

Property type

Single Family Residence

Est. home value

$1,029,952

Lot size

4,561 sq ft

Price per sq ft

$556

Year built

2014

Annual property taxes

$15,748

Monthly HOA fee

$2.92

Price History

10/26/2024
Houston

Houston #66388083

Pending
$1,300,000
10/24/2024
Houston

Houston #66388083

Price change
$1,300,000
-7.14%
09/11/2024
Houston

Houston #66388083

Price change
$1,400,000
-6.67%

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

$478,272
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$717,728
Cash to seller
$478,272

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2022

Original loan amount

$740,000

Est. remaining balance

$717,728

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Kristi Wimberly and Melford Wimberly

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: Pending/Under Contract

Tomo last checked: 11/08/2024 at 4:55 AM

Listing updated: 11/06/2024 at 1:48 PM

Listed by: Gerri Empey, RE/MAX Leading Edge Phone #: (409) 744-3300

MLS: Houston #66388083

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