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$629,000

Beds
3
Baths
2.5
sq ft
1,792

518 Paradise Dr, Galveston, TX 77554

518 Paradise Dr

Tiki Island, TX 77554

  • 107 days on market
    • Price drop $10,000↓
Come to the island, Tiki Island that is. This 3 bedroom 2 bath is tucked away in the heart of Tiki Island with a short boat ride out to West Bay from your backyard. Enjoy entertaining on the back deck that has a great flow from the living/kitchen area. Rainy days no worries you have a nice area under the house to entertain.

Details

Property type

Single Family Residence

Est. home value

$543,828

Lot size

5,271 sq ft

Price per sq ft

$352

Year built

1985

Annual property taxes

$10,973

Monthly HOA fee

$16.67

Price History

04/01/2024
Houston

Houston #5523135

Price change
$629,000
-1.56%
03/15/2024
Houston

Houston #5523135

Listed
$639,000
12/11/2021
Houston

Houston #75943459

Removed

Schools & Community

Elementary school: 

HIGHLANDS ELEMENTARY SCHOOL (LA MARQUE)

Middle school: 

LA MARQUE MIDDLE SCHOOL

High school: 

LA MARQUE HIGH SCHOOL

School district: 

Texas City

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

$553,856
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$24,824
Cash to seller
$553,856

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

Seller’s Loan History

Lender

Crs Financial Services Inc

Loan start date

September 1998

Original loan amount

$85,000

Est. remaining balance

$24,824

Interest rate

6.97%

Loan type

Not Provided, 30 year

Seller

Peter M Midboe and Candace A Midboe

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: 06/30/2024 at 9:30 PM

Listing updated: 05/04/2024 at 3:17 PM

Listed by: Charon Marshall, Gulf Coast, Realtors Phone #: (281) 534-4853

MLS: Houston #5523135

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