tomo logo

$420,000

Beds
4
Baths
3.0
sq ft
2,126

4900 Fannin Dr, Galveston, TX 77551

4900 Fannin Dr

Galveston, TX 77551

  • 113 days on market
    • Price drop $19,900↓
This 1939 charming cottage blends history with modern living, featuring original details and thoughtful updates. The exposed shiplap wall in the living area exudes rustic charm, complemented by recessed lighting and ceiling fans for comfort. The spacious kitchen boasts under-cabinet lighting and a breakfast bar, perfect for casual dining. The spacious utility room offers endless possibilities. It could serve as a laundry room, a craft space, or even a home office. Additionally, this room could be shared if the bedroom above the garage is converted into a separate apartment or guest suite. Contact me today to schedule a viewing and see for yourself why this charming cottage is the perfect place to call home. Embrace the charm, comfort, and convenience of living in Midtown Palm Gardens. Your dream home awaits! Furnishings are negotiable. This home is currently occupied, please don't go up to home without a Realtor. Room sizes are approximate and should be verified if concerned.

Details

Property type

Single Family Residence

Est. home value

$460,803

Lot size

5,502 sq ft

Price per sq ft

$198

Year built

1939

Annual property taxes

$6,185

Price History

08/16/2024
Houston

Houston #60230174

Price change
$420,000
-4.52%
07/19/2024
Houston

Houston #60230174

Price change
$439,900
-2.22%
07/01/2024
Houston

Houston #60230174

Price change
$449,900
-4.26%

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

$228,666
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$157,734
Cash to seller
$228,666

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

June 2019

Original loan amount

$175,007

Est. remaining balance

$157,734

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

Michael L Hawks and Nancy H Hawks

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: 10/05/2024 at 12:05 AM

Listing updated: 08/16/2024 at 11:42 PM

Listed by: Devin Hooper, Virginia Malone Realty Phone #: (281) 928-5422

MLS: Houston #60230174

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