tomo logo

$520,000

Beds
3
Baths
2.0
sq ft
1,455

4003 Silver Reef, Galveston, TX 77554

4003 Silver Reef

Galveston, TX 77554

  • 57 days on market
    • Open house Jul 06
Welcome to your perfect coastal retreat! This 3-bedroom, 2-bathroom beach house is nestled on a spacious corner lot in Galveston's sought-after Pirates Beach neighborhood. Just a few blocks from the beach, this home features an open-concept living area filled with natural light and vaulted ceilings. The kitchen boasts granite countertops, stainless steel appliances, and ample cabinet space. The adjacent dining area provides a welcoming space for family meals and entertaining, while the primary bedroom is a cozy retreat with ensuite bathroom, spacious vanity, a large walk-in shower, and plenty of closet space! The two additional bedrooms are spacious, and comfortable, PERFECT for family and guests! Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$565,145

Lot size

0.23 acres

Price per sq ft

$358

Year built

1995

Annual property taxes

$10,954

Monthly HOA fee

$32.42

Price History

05/08/2024
Houston

Houston #8149122

Listed
$520,000
04/19/2024
Houston

Houston #93611756

Removed
01/07/2024
Houston

Houston #93611756

Price change
$525,000
-4.55%

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

$124,185
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$354,215
Cash to seller
$124,185

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

Seller’s Loan History

Lender

Amcap Mortgage Ltd

Loan start date

November 2020

Original loan amount

$384,750

Est. remaining balance

$354,215

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Craig Powers and Kailyn Powers

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: 07/05/2024 at 12:25 AM

Listing updated: 07/01/2024 at 8:53 AM

Listed by: Brandy Duncan, Sand N Sea Properties, LLC Phone #: (409) 797-5500

MLS: Houston #8149122

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