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$182,500

Beds
1
Baths
1.0
sq ft
732

3506 Cove View Blvd Unit 506, Galveston, TX 77554

3506 Cove View Blvd Unit 506

Galveston, TX 77554

  • 86 days on market
    • Price drop $10,000↓
Welcome to Palms at Cove View, located just steps from the Gulf of Mexico! This 2nd Floor 1/1 unit is offered FULLY FURNISHED and has been updated beautifully. This unit is an active short-term rental that would make for a great investment property. Recent upgrades include paint, flooring, and upgraded HVAC. The condo is centrally located, so you're never too far from all that Galveston has to offer. Trips to town, Moody Gardens, and the grocery store will be a breeze. The complex offers a pool, exercise room, and clubhouse. The unit is turnkey and ready for your enjoyment! Book your showing Today!

Details

Property type

Condominium

Est. home value

$185,989

Lot size

Unknown

Price per sq ft

$250

Year built

1983

Annual property taxes

$2,961

Monthly HOA fee

$443

Price History

12/12/2024
Houston

Houston #7330189

Price change
$182,500
-5.19%
09/26/2024
Houston

Houston #7330189

Listed
$192,500
02/16/2024
Houston

Houston #30498137

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

$12,952
Asking price
$182,500
Closing costs (~8% of asking)
-$14,600
Est. remaining loan balance
-$154,948
Cash to seller
$12,952

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

Seller’s Loan History

Lender

Network Funding Lp

Loan start date

June 2022

Original loan amount

$161,000

Est. remaining balance

$154,948

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Colton Harley

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?

Status: Active

Tomo last checked: 12/22/2024 at 5:00 AM

Listing updated: 12/12/2024 at 7:08 AM

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

MLS: Houston #7330189

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