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$399,000

Beds
3
Baths
2.0
sq ft
1,368

2423 37th St, Galveston, TX 77550

2423 37th St

Galveston, TX 77550

  • 327 days on market
    • Price drop $40,000↓
Large 3 Bedroom/2 Full Bath/ 2-car garage home on a corner lot just a few blocks from the beach. Inviting front porch and fenced in front yard with a great deck for entertaining is located on the side of house. Inside there are freshly painted walls throughout, hardwood floors, a remodeled bathroom, central air & heat. The updated kitchen has a pass through to dining area and includes stainless-steel appliances.Plenty of storage in large 2 car garage which includes the washer & dryer connections. Close and convenient to everything in this midtown location! This has been a successful long-term rental for the current owners. It could also be a short-term rental given its proximity to the beach or lovely primary residence! Flood Zone X. Construction is finally over that prevented home from showings.

Details

Property type

Single Family Residence

Est. home value

$414,563

Lot size

3,825 sq ft

Price per sq ft

$292

Year built

1960

Annual property taxes

$7,061

Price History

04/05/2024
Houston

Houston #82533793

Price change
$399,000
-9.11%
01/29/2024
Houston

Houston #82533793

Price change
$439,000
-1.35%
10/24/2023
Houston

Houston #82533793

Listed
$445,000

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

$271,047
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$96,033
Cash to seller
$271,047

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

May 2008

Original loan amount

$142,500

Est. remaining balance

$96,033

Interest rate

5.88%

Loan type

Not Provided, 30 year

Seller

Michael W Jernigan and Gaard Egeland

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: 07/04/2024 at 9:00 PM

Listing updated: 06/18/2024 at 10:03 AM

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

MLS: Houston #82533793

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