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$585,000

Beds
4
Baths
3.0
sq ft
2,305

2507 37th St, Galveston, TX 77550

2507 37th St

Galveston, TX 77550

  • 80 days on market
Welcome to Galveston Island, Brand New Roof installed in May 2024 WPI8 Certified! Very unique property featuring TWO houses on one full size lot, located only 1.5 blocks from Seawall Blvd! Front house is 3/2 - 1297 sqft, back house is a 1/1 - 1008 sqft two story home Currently front house is a successful vacation rental, back house is a long term tenant for many years best part tenant is a housekeeper and maintenance for whole property and front house! Live in one and rent the second or rent both to maximize returns! No HOA, No flood policy needed - X flood zone, very low taxes 2.01 rate Property available for 1031 exchange

Details

Property type

Duplex

Est. home value

$621,915

Lot size

5,001 sq ft

Price per sq ft

$254

Year built

1978

Annual property taxes

$7,674

Price History

08/20/2024
Houston

Houston #96115994

Listed
$585,000
07/31/2024
Houston

Houston #27816806

Removed
01/30/2024
Houston

Houston #27816806

Listed
$585,000

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

$265,775
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$272,425
Cash to seller
$265,775

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

June 2019

Original loan amount

$303,050

Est. remaining balance

$272,425

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Serghei Behterev

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 8:05 PM

Listing updated: 08/21/2024 at 4:02 AM

Listed by: Serghei Behterev, LPT Realty, LLC Phone #: (281) 741-7970

MLS: Houston #96115994

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