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$645,000

Beds
3
Baths
2.0
sq ft
2,200

1814 Avenue K, Galveston, TX 77550

1814 Avenue K

Galveston, TX 77550

  • 117 days on market
The 1886 James J. Sewall cottage is the oldest house on the block. 27 years ago the home was rescued and renovated. The restoration is credited with helping spur renovation efforts in the neighborhood. It was on the GHF Homes Tour in 1999. Since then, there have only been 2 add'l owners. The current owners have added their own updates as well as creating an outside oasis w/ lush lanscaping & gardens. This updated historic home is located in the lovely Lost Bayou Historic neighborhood,which is close & convenient to everything Galveston offers. The main floor boasts a large living /dining room & the primary bedroom w/large walk-in closet. There are 2 bedrooms and a den on lower level. Large rear deck & front & rear porches are perfect for catching gulf breezes. Plenty of light & great storage space throughout. It is a great place to entertain with an 8x8 wet bar and covered spaces outside, the hot tub outback conveys. 2 car garage accessed from the alley provides off street parking.

Details

Property type

Single Family Residence

Est. home value

$586,632

Lot size

5,136 sq ft

Price per sq ft

$294

Year built

1886

Annual property taxes

$9,516

Price History

07/14/2024
Houston

Houston #76295808

Listed
$645,000
09/15/2022
Houston

Houston #12412607

Removed

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

$154,945
Asking price
$645,000
Closing costs (~8% of asking)
-$51,600
Est. remaining loan balance
-$438,455
Cash to seller
$154,945

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

Seller’s Loan History

Lender

First Rate Financial Group

Loan start date

September 2022

Original loan amount

$452,000

Est. remaining balance

$438,455

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Michael Andrew Ladwig and Kelli Ladwig

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: Active

Tomo last checked: 11/08/2024 at 4:15 PM

Listing updated: 09/21/2024 at 1:12 PM

Listed by: Thomas Schwenk, Coldwell Banker TGRE Phone #: (713) 857-2309

MLS: Houston #76295808

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