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$219,000

Beds
2
Baths
1.0
sq ft
768

5005 Avenue K, Galveston, TX 77551

5005 Avenue K

Galveston, TX 77551

  • 73 days on market
    • Price drop $16,000↓
Discover the perfect mix of charm and convenience in this lovely home! With 2 bedrooms and 1 bath, it's got an open Living/Dining/Kitchen setup, ideal for first-time buyers or savvy investors looking for a great rental opportunity. Kick back on the front porch or enjoy the spacious fully fenced backyard, perfect for your furry friends. Plus, there's a handy storage shed and alley access for added convenience. Fresh paint throughout and meticulously maintained, it's ready for you to move right in. Located near Broadway Avenue and local shops, it offers comfort and accessibility in one. Schedule a tour today. *Floor plans are provided by CubiCasa technology as a courtesy, the information is deemed reliable but not guaranteed.

Details

Property type

Single Family Residence

Est. home value

$198,999

Lot size

3,001 sq ft

Price per sq ft

$286

Year built

1967

Annual property taxes

$2,407

Price History

06/10/2024
Houston

Houston #25854691

Price change
$219,000
-6.81%
04/23/2024
Houston

Houston #25854691

Listed
$235,000
06/24/2020
Houston

Houston #67356287

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

$81,736
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$119,744
Cash to seller
$81,736

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

March 2021

Original loan amount

$129,200

Est. remaining balance

$119,744

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Elham Mahmoodaghdam

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 11:40 PM

Listing updated: 06/23/2024 at 3:58 PM

Listed by: Cynthia Corder, JPAR - The Sears Group Phone #: (713) 357-0068

MLS: Houston #25854691

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