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$699,451Estimated home value

Beds
3
Baths
2.0
sq ft
1,535

16719 Montego Way, Galveston, TX 77554

16719 Montego Way

Jamaica Beach, TX 77554

  • Off market
3 bedroom 2 bath home located on a prime corner lot with approx. 65 feet of water frontage conveys FULLY FURNISHED. Updates in 2022-2023 include: New framless shower door, 2 kayaks, and various furniture replacement, mattresses, & 3 smart TVs, New AC & Furnace, New patio table & chairs. Granite counter tops with nice cabinetry & stainless steele appliances, unique lighting fixtures, hardwood flooring with tile in the baths & lots of windows. The downstairs screened in kitchen/bar & game area will entertain numerous guest along with the boat slip for storing your boat. Lush landscaping. This is currently a successful vacation rental. See agent for mor information.

Details

Property type

Single Family Residence

Est. home value

$699,451

Lot size

4,835 sq ft

Price per sq ft

$457

Year built

1996

Annual property taxes

$7,661

Monthly HOA fee

$0.83

Price History

09/11/2024
Houston

Houston #63066946

Removed
08/10/2023
Houston

Houston #63066946

Listed
$700,000

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

$194,740
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$449,260
Cash to seller
$194,740

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

Seller’s Loan History

Lender

Western Mortgage Corp

Loan start date

December 2021

Original loan amount

$477,500

Est. remaining balance

$449,260

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Johnny Jungnam Lee and Christopher Chang

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 7:10 PM

Listing updated: 12/29/2023 at 9:47 AM

Listed by: Andretta Richo, Rev Realty LLC Phone #: (361) 867-1500

MLS: Houston #63066946

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