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$450,000

Beds
3
Baths
2.0
sq ft
1,748

313 14th St, Galveston, TX 77550

313 14th St

Galveston, TX 77550

  • 139 days on market
    • Price drop $25,000↓
Discover this beautiful 1905 Victorian home located in the heart of Galveston, a prime tourist destination. This property offers fantastic potential either as a lucrative vacation rental, with the possibility of generating six-figure income in a year, or as your dream vacation home. Meticulously maintained and exquisitely renovated, this home features a showstopper kitchen equipped with gas cooking, stainless steel appliances, and ample cabinet and counter space. Enjoy bright and spacious bedrooms that provide comfort and elegance. Two second-level balconies offer stunning views of the port, adding to the charm and allure of this historic property. Located just a quick stroll from the vibrant heart of Galveston, including bars and restaurants, and a mere 3-minute golf cart ride to the beach, this home is perfectly positioned for enjoyment and convenience. Whether for personal use or as an investment, this Victorian treasure embodies a blend of history, luxury, and location.

Details

Property type

Single Family Residence

Est. home value

$447,152

Lot size

2,544 sq ft

Price per sq ft

$258

Year built

1905

Annual property taxes

$7,062

Price History

08/30/2024
Houston

Houston #95964469

Price change
$450,000
-5.26%
07/18/2024
Houston

Houston #95964469

Price change
$475,000
-9.52%
07/03/2024
Houston

Houston #95964469

Listed
$525,000

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

$302,722
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$111,278
Cash to seller
$302,722

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2020

Original loan amount

$135,000

Est. remaining balance

$111,278

Interest rate

3.68%

Loan type

New Conventional, 20 year

Seller

Frank Mclemore and Kelly Mclemore

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: 11/19/2024 at 8:35 PM

Listing updated: 11/13/2024 at 7:53 AM

Listed by: Marta Peralta, Keller Williams Realty Metropolitan Phone #: (713) 621-8001

MLS: Houston #95964469

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