tomo logo

$1,175,000

Beds
4
Baths
3.0
sq ft
1,920

4027 Silver Reef, Galveston, TX 77554

4027 Silver Reef

Galveston, TX 77554

  • 24 days on market
A rare 4 bedroom with a pool in popular Pirates Beach West. This stunning open kitchen-living plan has an island large enough for any home chef. Some kitchen features include:gas stove, all ss front appliances, pendant lighting, subway tiled backsplash, ample cabinet and counter space. The second living level showcases the primary bedroom and a second bedroom with custom crafted twin over twin bunks. The 2nd floor living area could easily be a play/media area or even walled in to make an additional 5th bedroom.Other highlights seen throughout the home include: built in desk area,hard surface flooring, crown molding, wind rated windows and stunning bathrooms with decorative tile, subway splash and glass doors.Sold furnished with exclusions. Currently used as a vacation rental. Make this property your beach escape

Details

Property type

Single Family Residence

Est. home value

$799,529

Lot size

8,581 sq ft

Price per sq ft

$612

Year built

2018

Annual property taxes

$13,627

Monthly HOA fee

$33.33

Price History

01/31/2025
Houston

Houston #33476377

Listed
$1,175,000
11/30/2022
Houston

Houston #27893592

Removed
06/27/2022
Houston

Houston #59600414

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

$375,324
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$705,676
Cash to seller
$375,324

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2022

Original loan amount

$722,500

Est. remaining balance

$705,676

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Jean O Ekwenibe and Chinedu Ekwenibe

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: 02/24/2025 at 7:25 PM

Listing updated: 02/01/2025 at 3:03 PM

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

MLS: Houston #33476377

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