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$660,428Estimated home value

Beds
3
Baths
2.5
sq ft
1,725

17732 Glei, Galveston, TX 77554

17732 Glei

Galveston, TX 77554

  • Off market
    • Price drop $36,000↓
Great weekend beach home or vacation rental investment property, in a cute beachside neighborhood just west of Jamaica Beach. This beauty sits on a very spacious cul-de-sac lot which is only 150 feet walk to the beach. Nice beach views from nearly every room in this home with decking on both sides of the house. Open floorplan between kitchen and living room. Water-proof vinyl flooring. Very comfortable master suite. Outdoor entertaining is a breeze with ample deck space, as the property has four deck areas, including a large rooftop space accessed from the master suite. In the space underneath the house, there is a shaded area perfect for entertaining. This house makes a fantastic rental and it is currently on Airbnb where it has been generating good income the past few years, good rental history and comes with existing/future bookings: https://abnb.me/gqF806OamHb.

Details

Property type

Single Family Residence

Est. home value

$660,428

Lot size

0.26 acres

Price per sq ft

$406

Year built

1985

Annual property taxes

$10,304

Price History

09/01/2024
Houston

Houston #14787118

Removed
04/29/2024
Houston

Houston #14787118

Price change
$699,000
-4.9%
02/27/2024
Houston

Houston #14787118

Listed
$735,000

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

$374,014
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$269,066
Cash to seller
$374,014

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

May 2021

Original loan amount

$332,851

Est. remaining balance

$269,066

Interest rate

2.45%

Loan type

New Conventional, 15 year

Seller

Grace Phan and Khao Vo

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: 10/04/2024 at 8:05 PM

Listing updated: 05/16/2024 at 3:24 PM

Listed by: Ngoc Pham, Intercontinental Properties Phone #: (832) 548-2727

MLS: Houston #14787118

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