tomo logo

$765,000

Beds
5
Baths
4.0
sq ft
3,120

5035 W Bayshore Dr, Bacliff, TX 77518

5035 W Bayshore Dr

Bacliff, TX 77518

  • 23 days on market
    • Price drop $85,000↓
THIS BAYFRONT GEM OFFERS ALL THE WATERFRONT AMENITIES YOU COULD ASK FOR: POOL, PALAPA, OUTDOOR KITCHEN, CONCRETE BOARDWALK, PIER & MORE! AND IT'S A TURNKEY INVESTMENT PROPERTY COMPLETE W/ FURNISHINGS & EXCELLENT SHORT-TERM RENTAL HISTORY. LOCATED ON BAYSHORE, A PREMIER BAYFRONT LOCATION, THE PROPERTY OFFERS A PRIVATE, GATED DRIVE, A 1ST FLOOR GUEST SUITE COMPLETE W/ STUDY & LIVING ROOM, DEN W/ VAULTED BEAMED CEILINGS & A BEAUTIFUL KITCHEN W/ VIKING RANGE, POTFILLER & GRANITE COUNTERS OPENS TO THE DINING AREA & AWESOME GAMEROOM OVERLOOKING THE BAY. THE 2ND LEVEL FEATURES ALL WOOD FLOORS, PRIMARY SUITE W/ BALCONY & BATH W/ DOUBLE STONE VESSEL SINKS, 3 SECONDARY BEDROOMS, 2ND BALCONY & FULL BATH W/ SHOWER & TUB W/ TRAVERTINE SURROUND. INVITING OUTDOOR LIVING IS MADE FOR ENTERTAINING WITH A COVERED PATIO & TV AREA, POOL, HAMMOCK, PALAPA SEATING AREA AND OUTDOOR KITCHEN AND FISHING PIER W/ POWER & WATER. ADDTL UPDATES INCL. HURRICANE SHUTTERS, GENERATOR, DBL PANE WINDOWS & ROOF ('24)!

Details

Property type

Single Family Residence

Est. home value

$893,010

Lot size

0.38 acres

Price per sq ft

$246

Year built

1990

Annual property taxes

$13,174

Price History

10/30/2024
Houston

Houston #62150883

Price change
$765,000
-10%
10/16/2024
Houston

Houston #62150883

Listed
$850,000
08/03/2024
Houston

Houston #77951970

Removed

Schools & Community

Elementary school: 

KENNETH E. LITTLE ELEMENTARY SCHOOL

Middle school: 

DUNBAR MIDDLE SCHOOL (DICKINSON)

High school: 

DICKINSON HIGH SCHOOL

School district: 

Dickinson

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

$505,924
Asking price
$765,000
Closing costs (~8% of asking)
-$61,200
Est. remaining loan balance
-$197,876
Cash to seller
$505,924

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

January 2021

Original loan amount

$255,000

Est. remaining balance

$197,876

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Douglas E Cheathkm and Diana M Cheathkm

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: 11/08/2024 at 3:55 PM

Listing updated: 11/01/2024 at 4:03 AM

Listed by: Keith Owens, Owens & Associates Realty, LLC Phone #: (281) 241-6491

MLS: Houston #62150883

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