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$389,000

Beds
3
Baths
2.0
sq ft
1,581

3411 Avenue M, Galveston, TX 77550

3411 Avenue M

Galveston, TX 77550

  • 55 days on market
    • Price drop $10,000↓
This adorable cottage is centrally located for all of the conveniences of the island. Blocks from the beach and downtown restaurants and shops. 3 bedrooms / 2 baths with a study - this home is perfect for families or as an income producer for short or long term rentals. The open concept is perfect for entertaining and the large back yard and deck is a bonus. The owners retreat has a lovely bath with a large walk in shower. The quartz countertops, fabulous lighting fixtures, newer appliances and tankless water heater make this home a show stopper.

Details

Property type

Single Family Residence

Est. home value

$400,591

Lot size

5,136 sq ft

Price per sq ft

$247

Year built

1955

Annual property taxes

$6,775

Price History

06/12/2024
Houston

Houston #93130481

Price change
$389,000
-2.51%
05/10/2024
Houston

Houston #93130481

Listed
$399,000
11/14/2022
Houston

Houston #26561368

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

$5,118
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$352,762
Cash to seller
$5,118

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

November 2022

Original loan amount

$359,000

Est. remaining balance

$352,762

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Garrett Johnson and Krysten Johnson

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 10:25 PM

Listing updated: 06/12/2024 at 11:04 AM

Listed by: Jacki Hart, RE/MAX Leading Edge Phone #: (409) 744-3300

MLS: Houston #93130481

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